SAP FICO is one of the most important SAP ERP software Training modules that covers the two major aspects i.e. SAP FI & SAP CO. SAP financial accounting (SAP FI... [+]
SAP FICO is one of the most important SAP ERP software Training modules that covers the two major aspects i.e. SAP FI & SAP CO. SAP financial accounting (SAP FI) which is used to analysing the financial market condition of any organization while SAP Controlling (SAP CO) is helpful in the monitoring, coordination, and optimization of all the processes which is necessary for the organization growth.
SAP FICO stands for FI (Financial Accounting) and CO (Controlling/Management Accounting).
SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO is a core functional component in SAP ERP Central Component that allows an organization to manage all its financial data. SAP Finance and Controlling (FICO) is one of the most widely used SAP modules.
SAP FI: SAP FI is used for external reporting purpose, for example, making Balance Sheet, Profit, and Loss statement. The objective is to record all financial transactions that are posted by an entity and produce financial statements which are accurate at the end of the trading period. SAP FI is made up of sub modules. The sub-modules that are often used are General Ledger, Accounts Receivables, Accounts Payables, Asset Accounting. SAP FI Module integrates with other SAP Modules like SAP SD, SAP PP, SAP MM, SAP SCM, etc.
SAP CO: SAP CO is used for an internal reporting purpose. SAP CO includes managing and configuring master data that covers cost center accounting, profit center accounting, internal orders, real order, product costing, profitability analysis. It helps organizations in planning, reporting and monitoring business operations.
SAP FICO is a critical module of SAP ERP Business Suite. Functionally, both FI and CO modules store the financial related transactions/information. FI and CO modules are firmly integrated with other ERP modules such as Sales and Distribution (SD), Material Management, Human Resources Management, and so on.
As we know SAP is most powerful ERP software used for the smooth running of any organization. There are many SAP training modules among them SAP FICO Training is most demanding in the market because it covers all the necessary components of Finance and Controlling part of any organization which is necessary for the growth of any organization.
Uplatz.com is one of the most renowned online training providers across the globe who is offering SAP FICO Online Training by highly experienced SAP FICO Certified trainers. After completion of SAP FICO course, our Students and professionals can perfectly configure SAP FI & CO modules for any organization.
Our online SAP FICO Training program will help to learn and understand the entire SAP FICO Course theoretically and practically so that every student can easily qualify the SAP FICO certification Exams to validate SAP FICO knowledge as well as to increase chances of getting a high-paying job.
Uplatz.com offers comprehensive SAP FICO training with focus on imparting necessary skills for becoming a successful FICO consultant or power user. This course will also help you switch to a high-paying job. SAP FICO transactions and exercises are intended for SAP beginners and SAP experts, with the goal that they can execute and configure the SAP FI/CO ERP modules. Our hands-on instructor-led SAP FICO Training will prepare you for the SAP job market and as well as equipped you with all the necessary training/assistance that is needed or required for you to pass the SAP FI/CO certification examination. [-]