What is SAP FICO?
SAP FICO is made up of two components: SAP Finance (FI) and SAP Controlling (CO). Both of these modules are intended to perform specific tasks. The SAP FI module is responsible for financial accounting and reporting. The CO module is concerned with cost control and financial planning. The software is designed to help businesses with financial planning and analysis. All of this contributes to making better financial decisions.
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:
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