: Tracks expenses for specific departments or functions.
: Handles customer transactions and incoming receipts. SAP FICO i
: The central record for all financial transactions. : Tracks expenses for specific departments or functions
: Used to monitor costs for specific short-term projects. Basic Configuration Steps SAP FICO i
Configuring SAP FICO requires setting up the organization's enterprise structure and global parameters.
The system is divided into two major parts: for external financial reporting and CO for internal cost management. Financial Accounting (FI) :