SAP FICO Online Training By K Lakshmana Swamy Charted Accountant And Cost Accountant

SAP FICO stands for Systems Applications Products in Data Processing and Financial Accounting And Controlling. 
SAP FICO is the important module of ERP (Enterprise Resource Planning).
It Covers all business processes in the various industries. 
It is one of the most essential and widely used implemented module in SAP. 

The most important components that contain the FI module are:

·      Accounts Receivable

·      Accounts Payable

·      Asset Accounting

·      Account Consolidation

·      General Ledgers

SAP CO Module:

·      Basic settings for controlling

·      Cost element accounting

·      Cost Center Accounting

·      Internal Orders

·      Profit Center Accounting

·      Profitability analysis

·      Product costing

·      Integration of financial accounting with materials management

·      Integration of financial accounting with sales and distributioin