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SAP® is counted amongst the software line, which is broadly used to provide ERP (Enterprise Resource Planning) solutions.

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All about sap fico

All about SAP®FICO

Let’s get started!


  • SAP® as an ERP system

  • Advantages of SAP®

  • SAP®Modules

  • Functional Components of Financial Accounting

  • Functional Components of Controlling

Sap as an erp system
SAP® as an ERP system

SAP® is counted amongst the software line, which is broadly used to provide ERP (Enterprise Resource Planning) solutions.

It is an amalgamation of Business Management Practices and Technology.

By using SAP® as an ERP system, IT integrates with company’s major business processes like Accounting, Production, HR, Sales to name a few.

Advantages of sap
Advantages of SAP®

Integration of various modules

  • Reduced Manpower

  • Flexible Structure

  • User Friendly

  • Faster and Cheaper

  • Desktop Integration

  • Real Time Reporting

  • Increases Investment Potential

  • Used in Multiple Countries

Sap modules
SAP® Modules

  • SAP® covers multiple modules amongst which SAP® FICO is one of the most prominent and preferred SAP® modules. Let’s get an understanding about the SAP® FICO modules:

  • SAP® FI module plays a crucial role in order to help the organizations in the impactful handling of financial matters.

  • SAP® CO includes methods that aid in viewing and organizing the costs that are required to create financial reports.

Functional components of financial accounting
Functional Components of Financial Accounting

  • General Ledger

  • Accounts Payables

  • Fixed Assets

  • Accounts Receivables

Functional components of controlling
Functional Components of Controlling

  • Cost Center Accounting

  • Internal Orders

  • Profit Center Accounting

  • Profitability Analysis

  • Product Costing