SAP FICO stands for SAP Finance and Control. SAP FICO is not an independent module of SAP ERP but a combanition of SAP FI and SAP CO modules of SAP R/3.
The SAP FI Module deals with accounting and finance while the SAP CO module deals with cost and revenue for the purpose of planning, reporting, and monitoring the operations of an enterprise.
As SAP modules have real time functionality and are automatically updated as events occur, using the FI module one can review the financial position of a company in realtime as compared to conventional systems where there is no realtime reporting. This helos in making better better decision and strategic planning.
The FI Module is integrated with other SAP Modules such as SAP MM , SAP PP, SAP SD, SAP HR, etc.
5 comments:
m an IT engineer from mumbai...can i go for SAP FI/CO module? will the concepts b very difficult?
plzzz suggest...
how is SAP BI?
its was great knowledge in here....:),but can anyone guide me how to start as a beginner in this SAP field.I don't have enough knowledge to start,I'm bit confused what to choose in the functional part,which is having greater scope like PP or MM etc .
sap upgrade testing
Thanks for providing details on SAP FI/CO Module. We are providing Sap MM Online Training. For more details visit us on:
Sap MM Online Training.
We are very glad for providing details on SAP FI/CO Module. We are providing Sap Remote Access. For more details:
Sap Remote Access
We are very much thankful for providing details on SAP FI/CO Module. We are providing Sap MM Online Training. For more info watch our video on:
Sap MM Online Training
Post a Comment