All about SAP® FICO
Let’s get started!
Objectives
• SAP® as an ERP system
• Advantages of SAP®
• SAP® Modules
• Functional Components of Financial
Accounting
• Functional Components of Controlling
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.
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
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.
Functional Components of Financial
Accounting
• General Ledger
• Accounts Payables
• Fixed Assets
• Accounts Receivables
Functional Components of Controlling
• Cost Center Accounting
• Internal Orders
• Profit Center Accounting
• Profitability Analysis
• Product Costing
Thank You!

All about SAP® FICO

  • 1.
    All about SAP®FICO Let’s get started!
  • 2.
    Objectives • SAP® asan ERP system • Advantages of SAP® • SAP® Modules • Functional Components of Financial Accounting • Functional Components of Controlling
  • 3.
    SAP® as anERP 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® Integrationof 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 ofFinancial Accounting • General Ledger • Accounts Payables • Fixed Assets • Accounts Receivables
  • 7.
    Functional Components ofControlling • Cost Center Accounting • Internal Orders • Profit Center Accounting • Profitability Analysis • Product Costing
  • 8.