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Presentation Sap Finance Accounting PPT 10 Nov 2019 1602025584 399083
Presentation Sap Finance Accounting PPT 10 Nov 2019 1602025584 399083
SAP is the third largest independent software supplier in the world with
more than 12 million users, 221,000 installations worldwide, more than
2,500 SAP partners, over 25 industry-specific business solutions, and more
than 51,200 customers in 195 countries.J
SAP ERP is used in Industries related to retail, insurance, public sector, oil &
gas, media, utilities, plant maintenance and various lines of businesses like
R&D engineering, commodity management, finance, multi banking, service ,
Braveries, real state, IOT, AI, Cloud, ML, and HCM.
SAP good company to work for?
SAP Labs (SLI) is a great company to work for. It's work culture, employee-centric
organization has ensured that it always has a spot in the top 5 Best Places to Work For in
India. It is a growing organization that values the lives of its employees a lot. Free Food,
except breakfast
SAP itself is great platform but only for experienced people and lucky ones and it is
still the market leader in ERP segment and will remain so for many years. Anyone
who wishes to get in SAP, please do it, if you are lucky and hard working, you will
have a great career.
https://www.glassdoor.co.in/Salaries/india-sap-fico-consultant-salary-SRCH_IL.0,5_I
N115_KO6,25.htm?countryRedirect=true
SAP is definitely a good option for a long lasting and fulfilling career. As an IT
fresher, ABAP (Technical module) is the best bet. Do not waste your time any
further thinking about the other module (HANA, FICO) as they are not
recommended for IT fresher's.
Is SAP a big company?
You can work as a SAP Basis administrator, SAP ABAP Programmer or as a SAP
FICO Consultant. According to Payscale India, the median salary for SAP consultant is
RS 6,00,000 per annum. After gaining some experience, you can increase this to just
double, i.e Rs. 12,000,00 per annum
What is the fees of SAP?
Courses like Basis Administration requires 60 days, Sales and Distribution can be
completed in just 25 days while Material Management can be done in 10-25 days.
and FICO modules 60days In general, any full time SAP course will last somewhere
between 8 weeks to 12 week
Since graduation, we all are excited and fascinated about working in a niche field.
By the time we settle with our job, we start hunting for better career opportunities
& prospects. We are always in a dilemma of whether to switch a job or
upgrade skills required for the most sought after career.
Of all the professional certifications, SAP certification is considered as most valued
and has proved its worth to thousands of SAP consultants who are working across
the globe.
Having worked with many career consultants, I have come across some typical
questions that every SAP aspirant has in his mind. The most basic question is –
How to choose a right SAP module to become a successful consultant?
Things to consider before choosing the best SAP module:
•Educational qualification
•Domain experience
•Career goals
SAP has various modules that suit every aspect of the industry. The process
understanding between SAP end user and SAP consultants often become difficult
and time consuming due to lack of domain knowledge and inadequate experience.
So, the educational aspect is important in thinking how to choose SAP module.
Let’s have a look at different SAP modules and the associated career paths in
them.
Professional experience or educational background needed for relevant SAP ERP module
It provides information across all departments in real time. SAP ERP system provides
control on different business processes. The centralized system enhances
productivity, provides better inventory management, endorses quality, decreases raw
material cost, effective HR management, reduce expenses and enhances profits
SAP empowers people and organizations to work together more efficiently and use
business insight more effectively. SAP applications and services enable our customers to
operate profitably, adapt continuously, and grow sustainably.
The SAP R/3 system is a business software package designed to integrate all areas of a
business. It provides end to end solutions for financials, manufacturing, logistics,
distribution etc. All business processes are executed in one SAP system and sharing
common information with everyone
What does SAP required mean?
That means that this job requires that applicants have had practical contact with
an SAP application. SAP experience means to have not only theoretical knowledge
about SAP applications but must include practical know-how
A full life cycle implementation for a company means that suppose a company want to
Implement SAP in their organization then the process start form requirement gathering,
analysis, solution design, mapping, Implementing. For this entire development there are
some phases like: Project preparation. Business blueprint.
1- What is ASAP Methodology? ASAP stands for Accelerated SAP. Its purpose is to help
design SAP implementation in the most efficient manner possible. Its goal is to
effectively optimize time, people, quality and other resources, using a proven
methodology to implementation
What is the work in SAP?
The SAP R/3 system is a business software package designed to integrate all areas of a
business. It provides end to end solutions for financials, manufacturing, logistics,
distribution etc. All business processes are executed in one SAP system and sharing
common information with everyone.
Is it easy or difficult to learn SAP for freshers or beginners? ... In your case,
to learn a SAP Functional Module, no Technical knowledge required but learn if
possible. SAP is a giant Software, so big like an ocean, you can spend your whole
lifetime to learn SAP but still you cannot finish such a huge.
India, USA ,Canada is once more the country with the most SAP jobs available, FICO
being the most demanded SAP skill worldwide.
Is SAP HANA difficult?
Yes, you can learn and make a career in SAP HANA with minimum knowledge of basic
database knowledge (2-3 hours) and then start learning HANA. If you are looking for a
career in IT industry, then learning HANA will definitely help you as it is an emerging
technology and have a good job scope
Is SAP FICO a good career?
How is the career as SAP Functional Consultant? SAP FICO is the pillar of SAP as this is an
excellent application for finance related function and is one of the most popular products. This
application automatically translates into a good and steady requirement for FICO professionals
Those who are in finance background can learn SAP Fico. SAP FICO Stands for FI (Financial
Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and
CO modules stores the financial transactions data.
What is r2r process in SAP FICO?
Record to report or R2R is a Finance and Accounting (F&A) management process which
involves collecting, processing and delivering relevant, timely and accurate information
used for providing strategic, financial and operational feedback to understand how a
business is performing
The latest version (SAP ERP 6.0) was made available in 2006. The most
recent Enhancement Package (EHP8) for SAP ERP 6.0 was released in 2016
the business process means what are the regular activities goin on your
daily business that is called as business process. in standard sap fico module
AR/Ap are the consider as a sub application component or sub ledger accounts.
In ap what kind of business dealings have with your vendor or business partners
such kind of
Is SAP FICO in demand?
SAP FICO is the core of SAP. ... SAP is not going away as it is becoming more and more
stronger, the job of SAP FICO consultants are much more in demand and will be there for time
to come. If you want to be a little more in demand then start with S/4 HANA and continue
to SAP BI/BPC/HANA etc
The purpose of SAP FICO is to help companies generate and manage financial statements
for analysis and reporting and help with effective business planning and decision-
making. SAP FICO consists of two modules, SAP Finance (FI) and SAP Controlling (CO),
each of which is used for specific financial processes.
Let's look at their job trends/demand on Indeed.com. From the above job postings
graph, it is evident that SAP HR and FICO are most in-demand SAP skill, followed
by SAP BI, SAP HANA, SD MM, SAP HCM, SAP SCM, SAP NetWeaver and ECC FI/CO.
Key benefits of the centralized system are:
Opening of SAP : To open SAP click on the SAP Log on Icon on Desktop
Client 800 ( Not Case
UserName SAPUSER Sensitive) (Case
Password india123 Sensitive)
SAP LOGAN=ECC 6.00 EHP8
What is Client # ?
Normally when a Company ( ex., PENNAR) intends to start SAP in its
Company, it purchases SAP software from SAP-India. Price of SAP
software is based on the Number of Users. Once company purchased the
software, it recruits / engage another Company (ex., WIPRO) for
implementation purpose. Both the purchaser and implementor will
delegate/ recruit some employees for implementation of SAP. They are
called as Core Team Members. Structure of Core Team will be like below:
By default SAP-India is allotting 000 (or) 001 (or) 067 (or) 800 as Development Client
# Number of Production Client will be given by Basis Consultant after Discussing
with Purchaser. There will be Minimum of 2 Clients. Some companies are creating 3
clients.
1.Development Client ------> for Customization purpose
2.Testing client -------- For testing purpose
3.Production Client------- For live data i.e . entering day to day activity
After Basic Consultant done the Customization in Development Client , he copy
it to Production Client. All the Customization will be done at Development
Client only but not at Prodouction Client.
LANGUAGE: Along with package SAP has given 41 languages . If we do not specify
the language, by default system will use English ( EN) as language
Once we enter User Name and Password and press enter , system will log on to SAP.
On Screen
WHAT IS SESSION :
A session is a window or screen where SAP user will do day to day activities. One
user can open 6 Sessions at a time.
Use /OFS10N in command window for creating new session directly with New TC
/N ----> for change the session and /O for Creating the session
Transaction Code is a code number given for each activity . SAP has given some
Transaction Codes ( TC's ) which are common in SAP throught the world .
If customer / Purchaser want to give their own TC's it should start either with "Y" or
"Z". Other Alphabets are not allowed in SAP.
UNLOCKING SCREENS:
Tools---->Administration---->Monitor---->Lock Entries(TC=SM12)---->List Buttons
PROJECT CREATION:
Normal Organization Structure will be as follows
Consultant will do customization for one company code and copies the customization
to including Accounting to other Company Codes and makes modification wherever
required.
City → Chandigarh
Once the Company information is saved, SAP will generate one Transport Request.
Every time it saves 2 files. One in Client 800 and 2nd one in Transport Request with
Key NumberFor Example Project we create 6 requests like below.
End User Job is without SPRO Option. So Path for defining the Company Code is
as follows:
SPRO--->Enterprise Structure----> Definition ----> Financial Accounting---->Edit,
Copy, Delete,Check Company Code( Select IMG Activity Button here)--->Double
click on Edit Company Code Data---->Select New Entry Button ( Screen like below
will open…)
Company Code → SBI2
Company Name → STATE BANK OF INDIA
Address → CHANDIGARH
City → CHANDIGARH
Country → IN
Currency → INR
Language → EN