What is SAP fico and how to fetch material cost from it

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Accepted Answer

SAP FICO is a module in SAP ERP that deals with financial accounting and controlling. Material cost can be fetched from it using various reports and transactions.

SAP FICO is a module in SAP ERP that integrates financial accounting and controlling processes.
Material cost can be fetched from SAP FICO by running reports such as Cost Center Accounting, Profit Center Accounting, and Material Ledger.
Transactions like CKM3 (Display Material Price Analysis) can also be used to fetch material cost data from SAP FICO.