All about SAP® FICO

1. All about SAP® FICO
Let’s get started!

2. Objectives
• SAP® as an ERP system
• Advantages of SAP®
• SAP® Modules
• Functional Components of Financial
Accounting
• Functional Components of Controlling

3. SAP® as an ERP system
SAP® is counted amongst the software line, which is
broadly used to provide ERP (Enterprise Resource
Planning) solutions.
It is an amalgamation of Business Management
Practices and Technology.
By using SAP® as an ERP system, IT integrates with
company’s major business processes like
Accounting, Production, HR, Sales to name a few.

4. Advantages of SAP®
Integration of various modules
• Reduced Manpower
• Flexible Structure
• User Friendly
• Faster and Cheaper
• Desktop Integration
• Real Time Reporting
• Increases Investment Potential
• Used in Multiple Countries

5. SAP® Modules
• SAP® covers multiple modules amongst which
SAP® FICO is one of the most prominent and
preferred SAP® modules. Let’s get an
understanding about the SAP® FICO modules:
• SAP® FI module plays a crucial role in order to
help the organizations in the impactful handling
of financial matters.
• SAP® CO includes methods that aid in viewing
and organizing the costs that are required to
create financial reports.

6. Functional Components of Financial
Accounting
• General Ledger
• Accounts Payables
• Fixed Assets
• Accounts Receivables

7. Functional Components of Controlling
• Cost Center Accounting
• Internal Orders
• Profit Center Accounting
• Profitability Analysis
• Product Costing

8. Thank You!