What is SAP FICO?
SAP FICO is a center component of SAP ERP Central Component (SAP ECC), an on-premise endeavor asset arranging (ERP) framework.
SAP FICO (Monetary Bookkeeping and Controlling) is a program module that makes a difference businesses oversee their money related information, produce budgetary articulations, and arrange their business:
Purpose
SAP FICO makes a difference businesses oversee their money related information, create monetary explanations, and arrange their business.
Modules
SAP FICO is made up of two modules: SAP Fund (FI) and SAP Controlling (CO). FI handles bookkeeping and detailing, whereas CO centers on taken a toll arranging and monitoring.
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Integration
SAP FICO coordinating with other SAP modules, counting Deals and Dispersion (SD), Generation Arranging (PP), and Plant Upkeep (PM). This permits businesses to upgrade money related exchanges over distinctive locales of the company.
Benefits
SAP FICO makes a difference businesses:
Store a total form of their monetary exchange data
Generate and oversee monetary statements
Plan and make decisions
Monitor performance
Optimize commerce operations