Course Details

SAP FICO - the best configuration for internal as well as external accounting processes; represents FI (Financial Accounting) plus CO (Controlling). It is an important core module of ERP processes; wherein real-time financial transactions are integrated with various parallel SAP modules for best results.

SAP FICO is Well suited for professionals desirous of excelling in the fields of accounting and finance; SAP Financial Accounting (FI) offers highly sophisticated means of financial transaction reporting and better handling of accounts. The external reports generated with the help of SAP FI CO are being increasingly utilised by banks, administrators, Tax Authorities, stockholders, and managers, in line with their specific requirements.

SAP FI is responsible for integrating diverse modules and generating a single system for the entire organisation. In a nutshell, it draws data for external reporting procedures while its SAP Controlling Module (CO) lays emphasis on data for internal users. 

SAP Controlling is vital for management decision-making processes and is often used for internal reporting purposes. The Controlling area is typically a smartly conceived organisation unit that is useful for representing the controlling and accounting activities of profit canters, product costing, profitability and so forth. CO, the controlling module, aptly complements the value created by the FI reports and utilises the many features of the vastly used SAP FI components.