What's SAP FICO?
SAP FICO is a module of SAP ERP which is used for fiscal reporting both externally and internally. The idea is to record all fiscal deals that are posted by
reality and produce fiscal statements that are accurate at the end of the trading period. The SAP FICO full form is FI( Financial Accounting) and CO( Controlling).
This SAP FICO basics tutorial is going to explain the SAP FICO overview and the major functionalities of the SAP FICO module.
SAP FI is made up of SAP FICO sub-modules. The sub-modules that are frequently used are accounts receivables, accounts payables, asset accounts, general tally Accounts, and bank accounts.

All the sub-modules are connected and integrated in real time. A trial balance can be uprooted at a time and it'll always balance because all the sub-modules are connected. The illustration below shows the integration ****ween FICO SAP modules.

General tally account SAP FICO classes in Pune
All general tally accounts that are used for reporting are managed through general tally accounts. In SAP a set of all general tally accounts used by a company or a group of companies is called a map of accounts. These are the accounts that will be used for the medication of fiscal statements. utmost of the deals are recorded in sub-modules
and they're conformed with the general checks in real-time. Deals that can be done directly in the general tally Account include journal validations which are posted to acclimate or correct deals. Reversals can also be done from the general tally account. Balances in general tally accounts can be displayed and trial balances uprooted from the system.

SAP FICO classes in Pune
SAP FICO course in Pune
SAP FICO training in Pune

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