FI is for financial accounting and CO is for controlling in SAP.

• FI deals with recording financial transactions and generating financial statements.

• CO deals with cost accounting, budgeting, and interna...read more

It takes care of overall financial reporting and accounting

SAP FI is used to store the financial statements in the organisation.and also it is helps to the financial condition of the organisation

SAP CO is the process of planning, reporting and monitoring the...read more

Fi means financial account it mainly deals fixed assets (its externally reporting)

Co means CONTROLING it mainly hand deals buying other oders (it's internal reporting)