ACCOUNTING DEPARTMENT: SAP FICO ACCOUNTING COURSE

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SAPFICO Accounting course

SAP FICO Stands for FI (Financial Accounting) and CO (Controlling).
SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data.

What is SAP used for in accounting?

The Statutory Accounting Principles (SAP) are a set of accounting regulations prescribed by the National Association of Insurance Commissioners for the preparation of an insuring firm's financial statements.

What is SAP in accounts payable?

SAP FI Accounts Payable is used to manage and record accounting data for all the vendors. All invoices and deliveries are managed as per vendor requests. Payables are managed as per the payment program and all the payments can be made using checks, transfer, electronic transfers, etc.

What are the modules in SAP?

Functional SAP ERP Modules

Human Resource Management (SAP HRM), also known as Human Resource (HR)
Production Planning (SAP PP)
Material Management (SAP MM)
Financial Supply Chain Management (SAP FSCM)
Sales and Distribution (SAP SD)
Project System (SAP PS)
Financial Accounting and Controlling (SAP FICO)

What is SAP FICO training?

SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. SAP FICO training materials teaches you in a easy method with screen shots step by step.

What is SAP software used for in accounting?

The enabling, empowering SAP accounting software. SAP accounting software is a financial accounting and reporting software that records transactions, reports operating data at the end of every month or quarter, and analyzes financial data.