SAP FICO perpetually stays ahead in its quality when put next to finance solutions delivered by different platforms like Oracle, BAAN more, as it’s simply compatible with different systems. additionally, it will integrate with different necessary modules like Inventory, Production or 60 minutes so on.
SAP FI could be a module used for coverage each outwardly and internally. the target is to record all monetary transactions that area unit denote by AN entity and turn out monetary statements that area unit correct at the top of the commercialism amount. This tutorial goes to clarify the foremost functionalities with SAP FI module.
SAP FI is formed from sub modules. The sub-modules that area unit usually used area unit accounts assets, accounts liabilities, quality accounting, ledger Accounting and bank accounting.
All the sub modules area unit interlinked and integrate in real time. a shot balance is extracted at AN time and it'll perpetually balance as a result of all the sub modules area unit connected. There is a full new world of potentialities with SAP software package whereby you and your organization will reap the advantages from this application quickly.