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What is SAP Financial Accounting?

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SAP Financial Accounting is popularly known as SAP FI in SAP FICO and SAP CO stands for Controlling. SAP FI module mainly deals with recording, collecting, and producing accurate financial statements at the end of a financial period. It comprises the following sub-modules:

·         Accounts Receivable

·         Accounts Payable

·         Asset Accounting

·         Account Consolidation

·         General Ledger Accounting

To improve your knowledge base on SAP Financial Accounting or get trained in SAP FICO course, we suggest you watch the below tutorial:

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