SAP FI stands for Financial Accounting and it is one of the important modules of SAP ERP. It is used to store the financial data of an organization. SAP FI helps to analyze the financial conditions of a company in the market.
FI Financial Accounting is the the term suggest the upgrade version of Finance management in the organization. Its use to help full to manage the entire financial accounting module in the organization. In this module, some popular components are asset counting and general ledgers.
CO Ė Itís the controlling module. Master data, organization and reporting are the most in the SAP FICO. It will helps and guide us to provide info to manage the business process and data management
The advantageous fact of the SAP FICO track cost head, plan making for future accordingly. Keep tracking of cost for specialized events, assigined them for particular departments accordingly.
From India, Chennai
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.