SAP FICO
SAP Finance (FI) and Controlling (CO) is the acronym for SAP FICO. It is a part of the SAP ERP (Enterprise Resource Planning) system, an integrated suite of business software designed to assist companies in managing their day-to-day operations.
Globalisation
SAP FICO facilitates international business operations by offering tools for handling multi-currency transactions, a range of accounting standards, and country-specific reporting needs.
Processing between companies
Organisations can manage financial transactions between various companies within the same business group by utilising SAP FICO’s intercompany feature. It guarantees clear and accurate accounting across all of the subsidiaries.
Document Division
With the use of SAP FICO’s document splitting tool, financial transactions may be tracked and reported on in detail by dividing accounting documents into segments according to predefined criteria, like profit centre or business region.
Integration of Travel Management
Expenses associated with employee travel can be easily managed within the SAP FICO module thanks to integration with SAP Travel Management.
 and Controlling (CO) is the acronym for SAP FICO. It is a part of the SAP ERP (Enterprise Resource Planning)){kind=link}