SAP Finance and Controlling (FICO) is a central component of SAP ERP. SAP FICO helps companies to manage all their financial data, generate balance sheets and make decisions for corporate planning. It is tightly integrated with all other modules like MM, SD, PP, PM, QM, HR … Etc.
The Following are the major Functions of SAP Finance and Controlling,
- Financial Accounting
- Controlling
- Financial Reporting and Analysis
- Treasury and Cash Management
- Period End & Year End Closing
- Integration with other modules