Practical Financial Accounting Skills
Know how to examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
Know asset, liability, and capital account entries by compiling and analyzing account information.
Know documents financial transactions by entering account information.
Know reconciles financial discrepancies by collecting and analyzing account information
Prepares payments by verifying documentation, and requesting disbursements
Know how to examining bank statements and reconciling them with general ledger entries
Know how to examining expenses submitted by employees
Know how to establish tables of accounts, and assign entries to proper accounts.
know how to examine incoming payments from accounts receivable and outgoing payments from accounts payable
Know computation of taxes owed and prepare tax returns - GST, TDS, Income Tax, and ensuring compliance with payment, reporting and other tax requirements.
Know how to Create company financial reports with the above information included
Know how to analyze data collected in order to determine the state of the company’s financial health
Know how to analyze data to understand where the company is generating and losing revenue
Know how to generating financial reports that display the company’s profits, equity and cash flow
Know how to report to management regarding the finances of establishment.
Know the financial transactions by auditing documents.
SAP S/4 Hana FICO Skill
Configuration of FI-GL accounts group and master records and setup fields for master records.
Configuration of FI-AP Account group and master records.
Configuring of FI –AR Account group and master Records
Configuring of FI –AA and master Records
Configuration of Automatic payment program in Accounts payable.
Configuration of settings for Dunning Procedure.
Knowledge of Integration FI with MM. and SD with FI
Working Knowledge in cost elements and cost centers
Working knowledge in primary and secondary cost elements
Provide Training to Students Theoretically and Practically
Develop Assignments SAP FICO Course materials to Students
Preparation of User Manual for the Customization made.
Helped in End User Training.
Post Go Live Support.