What do you about know sap fico

Question

Accepted Answer

SAP FICO is a module in SAP ERP that deals with financial accounting and controlling.

SAP FICO is an acronym for SAP Financial Accounting and Controlling.
It is a module in SAP ERP that integrates financial accounting and controlling processes.
It helps organizations manage their financial transactions, financial reporting, and cost controlling.
SAP FICO includes sub-modules like General Ledger Accounting, Accounts Payable, Accounts Receivable, Asset Accounting, and Controlling.
It provides features for financial planning, budgeting, cash management, and profitability analysis.
SAP FICO is highly customizable and can be tailored to meet specific business requirements.
It is widely used by organizations across industries to streamline their financial processes and gain insights into financial performance.
Example: SAP FICO can be used to track and manage expenses, generate financial statements, analyze profitability by product or business unit, and monitor cash flow.

Accepted Answer

SAP Systems application s and process in data processing.

SAP FI-We will control total accounting flow.

SAP-CO-We will control total costing flow

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