SAP| SAP-FI | SAP-CO
SAP Financial Accounting (FI) and SAP Controlling (CO) are two modules of the SAP ERP system that support the tasks of finance and accounting in a company.
FI is responsible for processing financial transactions, such as accounts payable, accounts receivable, and the general ledger. It is used to collect, store and analyze financial data and to prepare financial reports.
CO is used for cost and management accounting and is responsible for monitoring and controlling the costs and revenues of an organization. It includes functions for budgeting, cost center accounting, profitability analysis and much more.
Together, FI and CO form the SAP Financial Accounting and Controlling (FI/CO) module, which is a comprehensive solution for financial management in a company.
Some related technologies to SAP FI/CO are
SAP HANA: SAP HANA is a high-performance in-memory database that can store and process large amounts of data in real time. It is often used in conjunction with SAP ERP systems, including FI/CO, to enable fast and efficient data processing and analysis.
SAP Business Intelligence (BI): SAP BI is a suite of tools that can be used to analyze and visualize data from various sources, including SAP ERP systems such as FI/CO. It is used to create reports and dashboards that help companies make informed business decisions.
SAP Fiori: SAP Fiori is a UX design language and set of applications that provide a modern, responsive interface for SAP ERP systems, including FI/CO. It is designed for use on a wide range of devices, including desktop computers, laptops and mobile devices.
BITS experts have used SAP FI/CO in a wide range of projects. A selection of case studies and references can be found below.