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SAP FICO online training

SAP FICO module may be very robust and covers almost all commercial enterprise process encountered in numerous industries. It is one of the very critical and widely applied modules in SAP. <br>SAP FI module as the term shows offers in coping with monetary transactions inside organizations. This financial accounting module facilitates employees to control records concerned in any monetary and commercial enterprise transactions in a unified system. <br>SAP CO module is some other crucial SAP modules supplied to establishments.

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SAP FICO online training

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  1. Definition: SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module is very robust and covers almost all business process encountered in various industries. It is one of the very important and widely implemented modules in SAP.

  2. SAP Financial Accounting (FI): • SAP FI module as the term suggests deals in managing financial transactions within enterprises. • This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system. • This module functions very well for reporting requirements. The SAP FI module is very flexible and functions well in any type of economic situation. • Financial Accounting module helps one to get real-time financial position of an enterprise in the market. • SAP FI incorporates with other SAP modules such as SAP SD, SAP MM, SAP PP, Payroll and more for better work results.

  3. SAP Controlling (CO): • SAP CO module is another important SAP modules offered to enterprises. • The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. • It involves methods to view and organize costs that are required for financial reporting. • Controlling module enables one to plan, track, perform and report about costs. • Controlling includes managing and configuring master data that covers cost elements, cost centers, profit centers, internal orders, and functional area and so on.

  4. USES of FICO: • Well suited for professionals desirous of excelling in the fields of accounting and finance; SAP Financial Accounting (FI) offers highly sophisticated means of financial transaction reporting and better handling of accounts. • The external reports generated with the help of SAP FI CO are being increasingly utilized by banks, administrators, Tax Authorities, stock holders and managers, in line with their specific requirements. • SAP FI is responsible for integrating diverse modules and generating a single system for the entire organization. • In a nutshell, it draws data for external reporting procedures while its SAP CO lays emphasis on data for internal users.

  5. LEO trainings are high-quality inside the vicinity in which you can change your destiny on your brilliant profession with our SAP FICO online education in Hyderabad. We will provide advanced software program Online Training on all courses in many greater nations. For more info: Mail: info@leotrainings.com Phone: 9553323599

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