SAP FICO, also known as SAP finance and controlling, is a product for Enterprise Resource Planning (E.R.P.) module made by ERP specialists SAP. It made for storing and saving financial data and financial transactions history of a company and it covers the accounting side of a business. In the financial part of the FICO software, all the externals tenets such as; balance sheets, profit and loss statements etc. are recorded. Whilst in the CO part of the module, all functions provides you with decision making information which is very essential in a management scenario. Both FI and CO combined; FICO can ingrate with other departments of a company to create the maximum possible optimization of resources to yield profit and productivity.
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