Saturday, 24 February 2018

A Brief Introduction to SAP FICO and Its Career Benefits

SAP FICO stands for SAP Financial Accounting and Controlling, which is a very popular enterprise resource planning or ERP software from SAP SE, a European Multinational Software Corporation. This software is a part of the SAP Module that contains various ERP and CRM software. SAP FI module is a very helpful module that facilitates gathering the data of financial transactions. 

The main sub modules of SAP FI are:
  • General Ledger Accounting
  • Asset Accounting
  • Funds Management
  • Accounts Receivables
  • Accounts Payable
  • Asset Accounting
  • Travel Management
  • Bank Accounting
Now, if we talk about the SAP CO module, it facilitates decision making within an organization. The primary sub modules under the SAP CO module are:
  • Profit Center Accounting
  • Cost Element Accounting
  • Cost Center Accounting
  • Internal Orders
  • Product Cost Controlling
  • Profitability Analysis
The biggest advantage of the SAP FICO software is that it manages the accounting data very well and presents it in an easily consumable form (like in the form of various financial statements) to the management. Today, there is a great demand for SAP FICO professionals across various industries. Many large organizations are offering really impressive pay packages to the capable candidates in this domain.

The best way to excel in this field is to obtain the SAP FICO Certification from a reputable institution. SAP FICO online training presents the best option for the full-time students and working professionals; they can learn at the time, place, and pace, convenient for them through the online training.

Multisoft Virtual Academy is an online training organization that offers professional courses in various domain, which enjoy high recognition in the industry. To know in detail about the Online SAP FICO Training from Multisoft, visit:

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