SAP FICO COACHING CENTER IN VIJAYAWADA
SAP FICO COACHING CENTER IN VIJAYAWADA
SAP FICO (Financial Accounting & Controlling)
Definition or Meaning - What is SAP FICO?
Full form or SAP FICO stands for FI (Financial Accounting) and CO (Controlling), SAP FI CO is the best configuration for internal as well as external accounting processes. It is an important core module of ERP processes, wherein real time financial transactions are integrated with various parallel SAP modules for best results.
Well suited for professionals desirous of excelling in the fields of accounting and finance; SAP Financial Accounting (FI) offers highly sophisticated means of financial transaction reporting and better handling of accounts. The external reports generated with the help of SAP FI CO are being increasingly utilized by banks, administrators, Tax Authorities, stock holders and managers, in line with their specific requirements. SAP FI is responsible for integrating diverse modules and generating a single system for the entire organization. In a nutshell, it draws data for external reporting procedures while its SAP Controlling Module (CO) lays emphasis on data for internal users.

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