Scope Of SAP FICO

The SAP S/4HANA Financial Accounting (FI) and Controlling (CO) modules play a crucial role in managing an organization's financial and managerial accounting processes. These modules help businesses streamline their financial operations, enhance internal controls, and support effective decision-making.

1. Financial Accounting (FI):
   SAP FI is designed to record, manage, and report financial transactions in real-time. It integrates with other SAP modules to ensure a comprehensive approach to financial management.
   • General Ledger Accounting (GL)
   • Accounts Payable (AP)
   • Accounts Receivable (AR)
   • Asset Accounting (AA)
   • Bank Accounting
   • Financial Closing
   • Financial Reporting


2. Controlling (CO):
   SAP CO is designed to support internal management by providing accurate cost and profitability information. It helps in planning, reporting, and monitoring business operations.
   • Cost Element Accounting
   • Cost Center Accounting
   • Internal Orders
   • Profit Center Accounting
   • Product Cost Controlling
   • Profitability Analysis (CO-PA)


3. Integration with Other Modules:
   
   • SAP Sales and Distribution (SD)
   • SAP Materials Management (MM)
   • SAP Production Planning (PP)
   • SAP Project System (PS)