Sap Fico I -
: Manages bank statement reconciliations and payment processing. Controlling (CO) :
The system is divided into two major parts: for external financial reporting and CO for internal cost management. Financial Accounting (FI) : SAP FICO i
: Tracks the lifecycle of fixed assets from acquisition to retirement. SAP FICO i
: Tracks expenses for specific departments or functions. SAP FICO i
: Used to monitor costs for specific short-term projects. Basic Configuration Steps