SAP FSCD Training

SKU: 3757
10 Lesson
|
40 Hours
igmGuru offers the most advanced SAP FSCD (Financial Services - Collections and Disbursements) Training, which focuses on how insurance companies manage collections, payments, receivables, and customer accounts using SAP. This training program covers critical key concepts like payment processing, open item accounting, clearing, dunning, and financial transactions that are important to stand out from others. After the course completion, you will gain a clear understanding of real transaction flows and financial operations in insurance systems. Our experienced trainers also prepare you to handle FSCD processes in both implementation and support roles.

Overview

Prerequisites for SAP FSCD:

  • Basic understanding of accounting and financial concepts
  • Familiarity with SAP navigation and SAP basics
  • Basic knowledge of SAP Financial Accounting (FI) and Controlling (CO)
  • Knowledge of insurance or financial services domain
  • Understanding of payment processing, billing, and receivables concepts
  • Familiarity with SAP Customizing is an added advantage

What You Will Learn in SAP FSCD Training

  • Understand SAP FS-CD architecture and insurance accounting processes
  • Manage collections, disbursements, receivables, and payables
  • Work with Business Partner and Contract Account management
  • Handle incoming and outgoing payment processing
  • Learn payment clearing, reconciliation, and payment allocation
  • Configure dunning and collections management processes
  • Manage installment plans, refunds, and write-offs
  • Work with claims disbursement and commission settlement processes
  • Understand correspondence and customer communication management
  • Handle broker and agency collection processes
  • Learn bank reconciliation and General Ledger integration
  • Understand mass processing and automation in FS-CD
  • Generate operational and financial reports in SAP FS-CD

Key Features

Course Curriculum

1. Overview of SAP FS-CD and its role in insurance systems
2. Insurance financial process landscape and sub-ledger concept
3. End-to-end financial transaction flow in FS-CD
1. FS-CD system architecture and components
2. Business Partner creation and Contract Account assignment
3. Account structure, hierarchy, and insurance object management
1. Premium calculation and billing document generation
2. Charge calculation flow and invoice posting
3. Policy-based billing scenarios and invoicing components
1. Customer-initiated and company-initiated payments
2. Incoming payment methods and receipt entry
3. Payment allocation and clearing strategies
1. Open item tracking and account balance management
2. Item matching techniques and clearing control
3. Write-offs and account adjustment handling
1. Dunning procedures and reminder cycle setup
2. Collections management and overdue payment handling
3. Instalment plan setup, refunds, and deferral processing
1. Outgoing payment processing and disbursement workflows
2. Claims payout handling and refund processing
3. Commission settlement and agent/broker payment management
1. Broker collection processes and third-party settlements
2. Agency collection workflows and reconciliation
3. Submitting receivables to collection agencies
1. Correspondence framework and document generation
2. Customer invoices, dunning letters, and payment notifications
3. Account statements and customer communication management
1. Bank reconciliation and General Ledger integration
2. Financial data consistency checks and reconciliation keys
3. Operational and financial report generation in FS-CD
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Course Fees

Online Class Room Program

US $ 799.00
100% Money Back Guarantee
  • Duration : 40 Hrs
  • Plus Self Paced

Classes Starting From

  • Fast Track Batch 28 May 2026
  • Weekday Batch 01 Jun 2026
  • Weekend Batch 30 May 2026

Corporate Training

Corporate Training
  • Customized Training Delivery Model
  • Flexible Training Schedule Options
  • Industry Experienced Trainers
  • 24x7 Support

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AU Small Finance Bank
United Nations
Inter Mid
SoftFlex
align
utthunga
Rimini Street
EJADAH
Yash Technologies
suyati
Hettich
APPCINO

Want to know Today's Offer

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SAP FSCD Certification

igmGuru provides a Course Completion Certificate for the SAP FSCD Training. This SAP FSCD Certification validates your practical understanding of collections, disbursements, customer account management, receivables, and running processes in insurance systems using SAP. It also confirms your ability to handle payment processing, clearing, reconciliation, and integration with SAP FI-CA in real-world scenarios. It supports your profile for roles such as SAP FSCD Consultant, Insurance Finance Analyst, SAP FI-CA/FSCD Specialist, and SAP Finance Support Executive.
SAP FSCD Certification

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