SAP FICO Training in Hyderabad

Financial accounting and contrlolling

 

SAP Financials FICO provides a complete financial management solution for a broad range of industries. It’s the leading enterprise software solution for accounting, financial reporting, performance management, and corporate governance. With SAP ERP Financials, you can transform finance from an administrative department into a strategic business partner. One that provides deep operational insight, unifies strategic action, and measures results quickly.

SAP Financial Accounting (FI) is the core module where  all the financial processing transactions are captured. This is the module that is used to create statutory Financials Statements for external reporting purposes.

Functions in SAP FI can primarily be divided into Accounting (G/L),  and  AR /AP processing, Fixed assertsContrlolling helps provide operational information to the management of a company to support business analysis and decision-making.  CO represents the internal accounting viewpoint of an organisation. It provide information to managers to help  manage costs and operations of the organization.