Through this blog, you can understand the 5 reasons why SAP FICO a good career choice in 2023.
SAP is one of the most well-known developers of enterprise software for better enterprise resource planning. SAP is an acronym for Systems, Applications, and Products in Data Processing. It was formed in 1972 with the goal of providing business solutions to assist businesses structure their processes. Different SAP modules for different processes have been developed throughout time.
One of the most extensively used SAP modules is SAP FICO aka SAP Finance and Controlling (FICO). The module involves SAP FI configuration, SAP CO configuration, SAP FI user, and SAP CO. Anyone interested in starting a job as a SAP FICO consultant should have a firm foundation in all of these components of the SAP FI and SAP CO modules. SAP FICO consultants are high in demand.
How to become a SAP FICO Professional?
For 1-2 years, work as an end-user — First, get a job that involves running a business. This is a job with A/R, A/P, Cost Calculations, and so on. SAP is a software application that is utilised by a large number of businesses.
Use Tutorials, Learning Videos, Articles, and Posts about SAP FICO certification to learn it for free.
SAP FICO Training – Choose your tutor carefully and receive excellent SAP FICO training. Practicals and system configuration must be included. Don’t only look at PPTs as they won’t help you in real time.
Practice Practise Practise – Continue to practise alongside your SAP FICO training so that you don’t forget what you’ve learned.
Begin looking for SAP FICO jobs and take any FICO position that comes your way. It doesn’t matter if you’re a Superuser, a Power User, a Tester, or a Consultant. Don’t be too stubborn for the consultant position. Begin by keeping a low profile. Then continue looking for a consultancy position. You’d most likely obtain one after an experience.
Why SAP FICO a Good Career Choice in 2023?
High in Demand
Demand for SAP has increased since the introduction of S/4HANA and Fiori. SAP FICO certification has risen to the top of the corporate priority list. As a result, the need for SAP consultants has skyrocketed. Individuals, students, and experienced candidates may choose SAP as a career option in light of the increased need.
Speedy Certification
SAP FICO training and certification is simple to complete in a short period of time. The following are the most essential certification points :
- SAP FICO certification takes between 8 and 12 weeks to complete.
- It is also possible to obtain certified training from .
- This course is better because of the online model. Ease of registration and online payment of fees regardless of location.
Growing Importance
Financial statements, master data, and other data may all be transferred to the SAP FICO system. SAP FICO course certification also aids in the organisation of financial management systems, resulting in improved record keeping and decision-making ease. Modifications, product pricing, and manufacturing cost management have all gotten easier. More activity-based costing is used throughout processes. Organizations may now keep track of expenditures for important events, and profitability and sales reports can be prepared using internal or external measurement.
A Widely Accepted Module
Configuring assets, configuring cost center, configuring analysis of profitability, configuring profit center, and so on. G/L Configuration, Accounts Payable (A/P), Bank Configuration, and Accounts Receivables (A/R) Configuration. Classic G/L receives an upgrade in the shape of new G/L, which includes additional features. The structure of the data has been improved. Real-time integration is achieved using CO and FI. Non-leading ledgers are also available for parallel accounting.
Wide Career Options
SAP FICO End-User (Executive) – Responsible for using SAP applications in the firm.
SAP FICO Super-User (Sr. Executive, Team-Lead) – Responsibilities include Master Data Creation, End User Training, and so on.
Power-User (Managers) — Approval of Master Data Creation, Bank Transactions, and other tasks
Testing Consultant (Tester) – job role involves testing of SAP FICO configuration
Support Consultant – Role involves resolving Issues on raised Tickets, End-User Training
..and etc. SAP FICO job offers in the industry is its prime highlight!
SAP is a flourishing industry. It has a wide range of applications because it is the foundation of SAP Financial Application. As a result, if you choose to work as a SAP FICO consultant, you will undoubtedly have a promising future ahead of you.
While it is critical to get instruction from a qualified instructor, it is also critical to make timely judgments. As a result, do your homework, examine all of the variables, and then make the best option for your career.