: Manages vendor transactions and outgoing payments.
SAP FICO (Financial Accounting and Controlling) is a core functional module in SAP ERP used for internal and external financial reporting. This guide provides a structured overview of its primary components and basic configuration steps. SAP FICO i
Configuring SAP FICO requires setting up the organization's enterprise structure and global parameters. : Manages vendor transactions and outgoing payments
: Tracks expenses for specific departments or functions. SAP FICO i
: Analyzes internal profits for individual business segments.
The system is divided into two major parts: for external financial reporting and CO for internal cost management. Financial Accounting (FI) :
: Manages bank statement reconciliations and payment processing. Controlling (CO) :