3. Introduction to the Finance and Controlling (FICO) Module

Purpose of the FICO Module:

The FICO module in SAP S/4HANA integrates financial accounting (FI) and controlling (CO) functions to manage and monitor financial transactions and internal reporting.

Sub-Modules of FICO:

• Financial Accounting (FI):

  • General Ledger (GL)

  • Accounts Payable (AP)

  • Accounts Receivable (AR)

  • Asset Accounting (AA)

  • Bank Accounting

• Controlling (CO):

  • Cost Element Accounting

  • Cost Center Accounting

  • Profit Center Accounting

  • Internal Orders

  • Profitability Analysis (PA)