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The SAP FICO module covers almost all finance and accounts related business process. The professionals who wish to understand this module and build a career here can go for SAP FICO online training and learn the skills to manage the entire financial accounting of your organization.

SAP FICO allows asset raining and to manage company’s assets by categorizing them setting and calculating depreciation values according to category. FI teaches about the special purpose ledger which defines special reporting and also includes travel management records. There are different modules in CO as well such as cost center cost controlling, , cost element accounting, product cost controlling, profitability analysis, internal orders and profit center accounting.

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The most vital components of the FI module are: • General Ledgers • Asset Accounting • Account Consolidation • Accounts Receivable • Accounts Payable Controlling area is the organization unit used to represent the following activities: • Cost Element Accounting • Cost Center Accounting • Profit Center Accounting • Internal Orders • Product Cost Controlling • Profitability Analysis For more info visit: http://www.multisoftvirtualacademy.com/erp/sap-fico-online-training

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