The SAP FICO / SAP MM Course is a professional, job-oriented training program designed for students, graduates, commerce students, finance professionals, accounting professionals, and supply chain management aspirants.

SAP is widely used by organizations to manage financial accounting, procurement, inventory, logistics, and business operations.

This course introduces learners to SAP ERP and SAP S/4HANA business processes, helping them develop practical skills in financial management, accounting, procurement, and inventory management.

 Course Overview

What Is SAP FICO?

SAP FICO stands for Financial Accounting (FI) and Controlling (CO).

It is used to manage financial transactions, accounting records, financial reporting, cost management, and profitability analysis.

What Is SAP MM?

SAP MM stands for Materials Management.

It is used to manage procurement, purchasing, vendor information, inventory, material valuation, and goods movements.

 SAP FICO Course Syllabus

SAP FICO is suitable for students and professionals interested in accounting, finance, taxation, cost management, and financial reporting.

The SAP S/4HANA Finance curriculum includes General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, financial closing, and reporting.

Module 1: Introduction to SAP & ERP

• Introduction to ERP

• What is SAP?

• SAP architecture

• SAP ECC vs SAP S/4HANA

• SAP GUI and SAP Fiori

• SAP navigation

• SAP implementation lifecycle

• Introduction to SAP FICO

• Organizational structure in SAP

Module 2: Financial Accounting – FI

General Ledger Accounting (GL)

• Chart of Accounts

• Company Code

• Fiscal Year Variant

• Posting Period Variant

• Document Types

• Number Ranges

• Posting Keys

• General Ledger Master Data

• Journal Entries

• Ledger Management

• Financial Statements

• Trial Balance

• Balance Sheet

• Profit and Loss Statement

Accounts Payable (AP)

• Vendor / Supplier Accounting

• Business Partner Master Data

• Vendor Invoice Posting

• Vendor Credit Memo

• Outgoing Payments

• Automatic Payment Program

• Payment Terms

• Vendor Reconciliation Accounts

• Advance Payments

• Vendor Reports

Accounts Receivable (AR)

• Customer Master Data

• Customer Invoice Posting

• Incoming Payments

• Customer Credit Memo

• Customer Reconciliation Accounts

• Dunning Process

• Customer Advance Payments

• Credit Management Introduction

• Customer Reports

Asset Accounting (AA)

• Asset Master Data

• Asset Classes

• Asset Acquisition

• Asset Transfer

• Asset Retirement

• Depreciation Areas

• Depreciation Calculation

• Depreciation Posting

• Asset Reports

• Asset Year-End Closing

Module 3: Controlling – CO

• Introduction to Management Accounting

• Cost Element Accounting

• Cost Center Accounting

• Profit Center Accounting

• Internal Orders

• Activity Types

• Cost Allocation

• Assessment and Distribution

• Product Costing

• Cost Object Controlling

• Profitability Analysis (CO-PA)

• Budgeting and Planning

• Cost Reports

Module 4: SAP FICO Integration

• FI-MM Integration

• FI-SD Integration

• FI-CO Integration

• Purchase-to-Pay Process

• Order-to-Cash Process

• Asset Acquisition Process

• Financial Closing

• Month-End Closing

• Year-End Closing

• Financial Reporting

SAP FICO Real-Time Projects

 SAP MM Course Syllab

SAP MM is suitable for students and professionals interested in purchasing, procurement, inventory management, warehouse operations, and supply chain management.

SAP S/4HANA Sourcing and Procurement covers purchasing processes, organizational structures, material and supplier master data, procurement, inventory, and reporting.

Module 1: Introduction to SAP MM

• Introduction to ERP

• Introduction to SAP

• SAP ECC vs SAP S/4HANA

• SAP GUI and SAP Fiori

• SAP MM overview

• Procurement lifecycle

• Organizational structure

• Integration with other SAP modules

Module 2: Enterprise Structure in SAP MM

• Client

• Company Code

• Plant

• Storage Location

• Purchasing Organization

• Purchasing Group

• Assignment of organizational units

• Enterprise structure configuration

Module 3: Master Data Management

• Material Master

• Material Types

• Material Groups

• Material Number Ranges

• Material Views

• Supplier / Vendor Master

• Business Partner

• Purchasing Info Records

• Source Lists

• Quota Arrangements

• Batch Management

• Material Valuation

Module 4: Procurement Process

• Purchase Requisition (PR)

• Request for Quotation (RFQ)

• Quotation Management

• Source Determination

• Purchase Order (PO)

• Purchase Order Types

• Release Strategies / Approval Workflows

• Goods Receipt

• Invoice Verification

• Purchase Order History

• Procurement of Stock Materials

• Procurement of Consumable Materials

• Service Procurement

Module 5: Inventory Management

• Goods Receipt (GR)

• Goods Issue (GI)

• Stock Transfer

• Transfer Posting

• Physical Inventory

• Inventory Valuation

• Stock Types

• Movement Types

• Batch Management

• Serial Number Management

• Reservation Management

• Inventory Reports

Module 6: Invoice Verification & MM Integration

• Logistics Invoice Verification

• Invoice Posting

• Invoice Blocking

• Credit Memo

• Subsequent Debit

• Subsequent Credit

• GR/IR Clearing

• Automatic Account Determination

• FI-MM Integration

• Tax Configuration Fundamentals

• Material Valuation

• Procurement Reporting

Module 7: Advanced SAP MM

• Subcontracting

• Consignment Procurement

• Stock Transport Orders

• Pipeline Procurement

• Service Procurement

• Physical Inventory Differences

• Purchase Order Approval

• Flexible Workflows

• Procurement Analytics

• SAP MM Troubleshooting

• Data Migration Fundamentals

SAP MM Real-Time Projects

SAP FICO vs SAP MM – Which Course Should Students Choose?

SAP FICO / SAP MM Course Duration

The following is a suggested training plan for your institute.

Recommended training schedule:

• 1.5 to 2 hours per day

• 5 days per week

• Practical SAP system access

• Real-time business scenarios

• Assignments and assessments

• Final implementation project

Actual duration depends on the learner’s background, training schedule, and the depth of configuration practice.

Career Opportunities

SAP FICO Career Roles

SAP MM Career Roles

Website Course Description

Frequently Asked Questions

Q1. Who can join SAP FICO?

B.Com, M.Com, MBA Finance, accounting professionals, and graduates interested in finance and ERP can join.

Q2. Who can join SAP MM?

B.Com, BBA, MBA Supply Chain, logistics professionals, procurement professionals, and graduates interested in materials management can join.

Q3. Is coding required for SAP FICO or SAP MM?

No. Both are primarily functional SAP modules. Programming is not required for the core functional course.

Q4. What is the difference between SAP FICO and SAP MM?

SAP FICO focuses on financial accounting and controlling, while SAP MM focuses on purchasing, procurement, and inventory management.

Q5. Can beginners learn SAP?

Yes. Beginners can start with ERP fundamentals and business process concepts before progressing to SAP configuration.

Q6. Will students receive practical training?

Yes. Students should practice SAP transactions, configuration exercises, business scenarios, and real-time projects using an SAP training environment.

Recommended Course Package for MIIT Computer Education

Official SAP learning resources:

        SAP Learning