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.
: Analyzes internal profits for individual business segments.
: Manages vendor transactions and outgoing payments.
: Manages bank statement reconciliations and payment processing. Controlling (CO) :
: Tracks the lifecycle of fixed assets from acquisition to retirement.
: Handles customer transactions and incoming receipts.
: The central record for all financial transactions.