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| Components of SAP FICO (7th Feb 25 at 5:10am UTC)
SAP FICO consists of two main sub-modules: | | 1. SAP FI (Financial Accounting)
SAP FI focuses on financial transactions, accounting, and reporting. It ensures accurate financial statements and compliance with legal requirements. Sap Fico Classes in Pune
Key Features of SAP FI:
General Ledger (G/L): Stores all financial transactions for an organization.
Accounts Payable (AP): Manages vendor transactions and payments.
Accounts Receivable (AR): Tracks customer invoices and payments.
Asset Accounting (AA): Manages fixed assets like buildings, machinery, and vehicles.
Bank Accounting: Records bank transactions and reconciliations. Sap Fico Course in Pune
Financial Reporting: Generates financial statements such as balance sheets and profit & loss statements. | |
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