SAP IM Training
SAP IM training covers concepts from the Basic level to the advanced level. Whether you are an individual or corporate client we can customize training course content as per your requirement. And can arrange this SAP IM training at your pace.
SAP IM Introduction
SAP Investment Management (IM) provides functions to support the planning, investment, and financing process for
- Capital investments,
- Projects that fall primarily under overheads and
- Maintenance programs.
IM is used to control ‘Capital Expenditure’ within the organization. It encompasses the entire capital budgeting process across the units (plant, cost center, etc) in the organization.
Important components:
- Investment Program Structure,
- Investment Budgeting,
- Investment Orders,
- Use of Investment Orders,
- Period End Closing and Reporting.
Investment Management Structure
- The investment Program definition is created per approval year.
- The investment program top position is created to represent the top position in the structure used in the budgeting process and controls all parameters regarding assignment to Company Code and Cost Objects such as orders, and WBS elements.
- The investment program structure is created with sub-ordinate nodes (position IDs) which is a logical representation of the Capital budgeting process and its control in the organization.
- All position IDs should be released to enable the budgeting process.
Investment Budgeting
- It is the Capital budgeting process in the organization.
- Budgeting is carried out concerning investment program structure and is done at lower nodes.
- It represents budgeted values for the activities (lower nodes) for the budget year (approval year).
Investment Budget Distribution
- Budgeted values from position ids are further distributed to investment measures (investment orders)
- The prerequisite for this activity is the creation of an investment order and its release.
Investment Order
- It is created as Master Data
- They are created concerning order types meant for Investment Management.
- The responsible cost centre is entered who has requisitioned this capital expenditure.
- Company Code, currency, and profit centre are derived automatically.
- The investment program is assigned to I.O.
- Scale and Investment reason is assigned to I.O.
- This is a very important link between master data and customizing.
Use of IO, Integration, and Availability Control
- IOs are used in an account assigned POs created for asset procurement.
- Commitment to the budget is triggered for the PO value on saving the PO.
- The actual cost is booked in IO after GRN for the PO.
- The commitment and actual costs are compared against Investment budgets.
- Budget availability is checked for every transaction with the IO assignment.
- If the actual cost exceeds the budget allocated to IO, then it gives an error and does not allow a transaction to proceed.
- This functionality ensures proper and effective usage of available budgets.
Period end closing
- At the month's end, all IOs are settled to AUC (Asset Under Construction).
- For all completed assets, IOs are settled to Fixed Assets.
- Settlement takes into account settlement profile, allocation structure defined configuration.
- Settlement triggers accounting entry in FI and also creates a cost accounting document.
Reporting
- Reporting for capital (Investment) budgets and the actual cost is an essential driving factor for use of Investment Management.
- Reports are shown concerning budgets, it is commitments, actual cost, and balance (availability) of budgets.
Complete Customization of SAP IM training’s course content is possible for Individual students and for Corporate. SAP IM online training is available for individuals and for corporate we may arrange the classroom as well. For more information on SAP IM training do connect us.
Our SAP IM-certified expert consultant will teach a real-time scenario-based case study and can provide study material and ppt. We will help you to clear your SAP IM training certification by providing you with proper guidance. For more details kindly contact us.
When it comes to SAP IM Corporate Training, we can say proudly that we have received excellent feedback and appreciation from our corporate clients across the globe. You can reach us for SAP IM corporate training and we can even customize the training content as per your requirement.
A few of the clients we have served across industries are:
DHL | PWC | ATOS | TCS | KPMG | Momentive | Tech Mahindra | Kellogg's | Bestseller | ESSAR | Ashok Leyland | NTT Data | HP | SABIC | Lamprell | TSPL | Neovia | NISUM and many more.
TechMunus has successfully conducted 1000+ corporate training in Bangalore / Bengaluru, India, Finland, Sweden, Germany, USA, UK, Netherlands, Ireland, Austria, Israel, Singapore, Australia, Canada, Denmark, Belgium, Poland, Hong Kong, Qatar, Saudi Arabia, Oman, Denmark, Bahrain, JAPAN, South Korea, UAE, Switzerland, Kuwait, Spain, United Kingdom, Russia, Czech Republic, China, Belarus, Luxembourg
INDIVIDUAL TRAINING BENEFIT
Customize SAP IM Course Content as per Individual’s project requirement.
Our Individual SAP IM Training program will help employees to start working on the project from day one after the SAP IM training completion.
Industry-Specific Subject Matter Experts to provide corporate-level SAP IM online training to individuals.
Flexibility to choose a schedule for the individuals to take SAP IM online training courses.
Get the Flexibility to learn at your own pace. A Crash course option is also available for the SAP IM course.
Flexibility to select a trainer and have a live video session with the trainer before SAP IM training actually starts.
TechMunus will provide SAP IM Course Completion Certificate to the participants who are recognized by the industry. It will add value to the corporate workforce.
TechMunus will help the participants understand the SAP IM certification training exam process.
TechMunus will provide a step-by-step progress assessment of yours.
CORPORATE TRAINING BENEFIT
Customization of SAP IM Course Content as per the Company’s project requirement.
Our SAP IM Corporate Training program will help employees to start working on the project from day one after the training completion.
Industry-Specific Subject Matter Experts will provide SAP IM corporate training.
Get Flexibility to choose Location, Mode, and Schedule for SAP IM corporate training courses.
Flexibility to select corporate the trainer and have a live video session with the trainer before SAP IM training actually starts.
TechMunus will provide Course Completion Certificates to the participants which are recognized by the industry. It will add value to the corporate workforce.
TechMunus will help the participants understand the SAP IM certification course exam process.
TechMunus will provide a step-by-step progress assessment of employees.
FAQs for SAP IM Training
Q. Is it worth joining SAP IM Training at TechMunus?
Ans: We have pools of Industry-Specific Subject Matter Experts (SAP IM trainers) having an average experience of more than 13 years. They share real-time implementation challenges, case studies and provide soft copies of study material. Which will make you project-ready after completion of the SAP IM course. Our USP is Customized SAP IM Training agenda and 1 to 1 session for individuals and corporate. Step-by-step progress assessment and SAP IM Certification tips will be provided.
Q. What are the Delivery Modes for SAP IM Training?
Ans. For Corporate Clients, we provide SAP IM Training via Online Instructor-led live training or in Classroom on your Campus or on my Campus. Individual SAP IM Training will be provided through Online Instructor-led live training. For Group Classes classroom and online both options will be available.
Q. Do you provide a Job Guarantee after completion of SAP IM training?
Ans. Apparently, no. Our Industry-Specific Subject Matter Experts (SAP IM trainers) will make you project-ready as they will be sharing real-time implementation challenges, case studies and provide soft copies of study material. Our Guarantee is High-Level Quality SAP IM Training, which will make you employable. Yes, we do assists with Resume Building, Mock Interviews, and sharing the open positions in SAP IM across the world.
Q. Do you provide SAP IM Training in International languages apart from English?
Ans. Mostly SAP IM Training happened in English. We can arrange SAP IM Training in other International Languages also based on Demand.
Q. Can I cancel my enrollment? Do I get a refund?
Ans. Our Quality of SAP IM Training is very high normally this does not happen. If you have time availability issues you can come again anytime in your life and take up the training in the same module or a different module. Your money will always be safe. Still because of some unseen reason you want to cancel enrollment then yes, it is possible. We will deduct the admin cost and refund the remaining money.
Q. Is this live SAP IM training or pre-recorded session?
Ans. SAP IM Training will be Live Instructor-led Online Training.
Q. I want to know more about the SAP IM training program. Whom should I contact?
Ans. Please join our Live Chat for instant support, call us, or Request a Call Back to have your query resolved.
Q. Can I attend a demo session before enrollment?
Ans. You can be confident and join us without a demo. As ours, Industry-Specific Subject Matter Experts make sure the quality of the training is very high. However, we will connect you to an SAP IM trainer to fix the SAP IM training agenda as per individual and corporate client requirements.
Q. How to Join SAP IM Training Immediately?
Ans. Kindly drop an email to contact@TechMunus.com. We will assist you.
Q. Do you provide SAP IM Course Completion Certificate?
Ans Yes we do.
Q Do you provide Crash Courses in SAP IM at a fast pace?
Ans. Yes, we do.
Q Do you have a 1-on-1 mentorship session for Individuals?
Ans. Yes, we do have.
Q. Can you provide customized project-oriented Corporate SAP IM Training?
Ans. Yes, we have expertise in it. In fact, we are considered one of the top SAP IM Training solutions providers across most of the top Fortune 500 companies.
Q. Who are your trainers and what is the vetting process?
Ans. We have pools of Industry-Specific Subject Matter Experts (SAP IM trainers) having an average experience of more than 13 years. They have done a good number of implementation projects. Trainers are tested on their technical ability, English proficiency, communication skills, and behavioral skills.
Q. What are the Levels of SAP IM courses you offer? Any possibility for advanced customized concepts?
Ans. We offer Foundation, Intermediate, and Advanced Levels. Yes, we will be happy to assist you with Advance concepts in SAP IM training as per your requirement.
Q. More Questions?
Ans. Kindly drop mail to contact@TechMunus.com