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SAP FI is the important importa nt module of all SAP implementations SAP FI ( Financial Accounting Accounting ) is used for external reporting i.e Balance sheet, Profit and Loss statements SAP FICO Module integrates with various other SAP Modules such as MM (Materials Management), SD(Sales and Distribution), PP (Production Planning), PM (Plant Maintenance),and PS (Project Systems).
SAP FI Modules contains the following submodules General Ledger accounting
Accounts Receivables Receivables
Accounts Payable
Bank Accounting Asset Accounting Special Purpose Ledger
Travel Management
SAP CO Module:- what is sap fico fi co ? 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, Costing, and Profitability etc.
SAP CO Module contains the following submodules :Cost Element Accounting Accounting Cost Center Accounting Accounting Profit Center Accounting Internal Orders Product Cost Controlling Profitability Analysis
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