This document provides an overview of SAP FICO (Financials and Controlling). It discusses SAP as an ERP system that integrates business processes like accounting, production, and HR. The advantages of SAP include integration of modules, reduced manpower, flexibility, and real-time reporting. Key SAP modules covered are FI (financial accounting) and CO (controlling). Functional components of financial accounting include the general ledger, accounts payable, fixed assets, and accounts receivable. Functional components of controlling include cost center accounting, internal orders, profit center accounting, and product costing.