SAP-FICO

SAP FICO (Financial Accounting and Controlling) is an essential module in SAP ERP used for financial reporting and cost tracking within an organization. It helps businesses manage financial transactions, accounting, and internal cost management efficiently.

SAP FICO is divided into two key components:

1. FI (Financial Accounting) – Manages financial transactions and external reporting.
2. CO (Controlling) – Focuses on internal cost control, budgeting, and financial planning.