: Tracks the lifecycle of fixed assets from acquisition to retirement.

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) :

SAP FICO (Financial Accounting and Controlling) is a core functional module in SAP ERP used for internal and external financial reporting. This guide provides a structured overview of its primary components and basic configuration steps.