Monday, 14 May 2012

Explain 'Financial Accounting (FI)', in SAP. | SAP-FICO

The FI (Financial Accounting) module of SAP is the back-bone which records, collects or processes the financial transactions or information on a real-time basis to provide the necessary inputs for internal (statutory) reporting.
The module is integrated with other modules (like Material management-MM, Sales & Distribution-SD, Human Resources-HR, Production Planning-PP, Dntrolling-CO etc). The module FI has several sub-modules which are tightly integrated.

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