SAP FICO module refers
to the Finance (FI) and Controlling (CO) modules of SAP ERP system.
They are tightly integrated with Sales and Distribution Module (SD) and
Materials management (MM) module.
SAP FI (Financial Accounting)
is used for external reporting i.e Balance sheet, Profit and Loss
statements. It receives postings from various other modules such as
Materials Management, Sales and Distribution, Human Resource) through
integration.
SAP Controlling plays an important role for the management decision making and CO Module is used for the internal reporting purpose. Controlling Area is the organization unit used to represents the controlling activities of Cost Center accounting, Profit Center Accounting, Product Costing, and Profitability etc.
SAP Controlling plays an important role for the management decision making and CO Module is used for the internal reporting purpose. Controlling Area is the organization unit used to represents the controlling activities of Cost Center accounting, Profit Center Accounting, Product Costing, and Profitability etc.
0 comments:
Post a Comment