Benefits of SAP FICO
- It centralizes all of a company’s accounting data for financial management.
- Other SAP modules, like as material management and production planning, can be connected with SAP FICO to make critical decisions.
- All transactions generated in the logistics department can be uploaded to the Financial Accounting modules in real time. This aids in the proper processing of accounts and the storage of these transactions.
- Credit management and collections can be effectively automated using the SAP FI module.
- SAP FI allows businesses to manage their funds across borders.
- Cost planning, monitoring, and reporting is simplified with SAP CO.
SAP FICO- Intoduction, Features and Modules
SAP FICO is one of the most widely utilized SAP modules. Companies use this to manage their financial data. It is made up of two modules: SAP FI and SAP CO. As business operations are carried out daily, a large amount of financial data is generated. Sales orders, transactions, and purchases are all included.
Table of Content
- What is SAP FICO?
- Key Features of SAP FICO:
- SAP FI Modules:
- SAP FI implementation:
- SAP CO Modules:
- SAP CO implementation:
- Benefits of SAP FICO:
- Conclusion:
Contact Us