Online SAP Training - What is SAP FICO? - Sapenvision.com

Sept. 6, 2010 - PRLog -- The SAP FICO module includes 2 major categories of functionality needed to run the financial accounts of a company - Financials (FI) and Controlling (CO). FI includes accounts payable, accounts receivable and general ledger, also procedures to post accounts, close books, prepare financial statements and balance sheet. Financial Accounting and Controlling are taught as one course at Learn SAP. Following is a detail curriculum. Visit us http://www.sapenvision.com

›   SAP Controlling Module:
› The CO (Controlling) Module has multiple configuration steps that must be followed for complete implementation of this module. Each sub-component of the CO (Controlling) Module has its level of configuration requirements. Once you have defined your business needs in the Controlling Area, a determination can be made as to what should be configured and what you do not need.
›    SAP controlling module represents the company's flow of cost and revenue. It is a management instrument for organizational decisions. It too is automatically updated as events occur.
›    SAP CO allows straightforward integration into R 3 FI, SAP MM or FI AA and enables direct booking of figures from the different sectors. It also offers a wide range of charging techniques for accounting both actual and planned figures. Learning Objectives:
›    Cost accounting terminology and concepts as used in the SAP R 3 system;
Management accounting tools provided within the SAP CO and EC modules; and
building blocks (master data) contained in the SAP CO and EC modules.

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