SAP FICO stands for Finance and Controlling, and SAP BPC stands for Business Planning and Consolidation. This course bundles together the two modules together seamlessly.
This SAP Finance combo course consists of the following SAP modules:
SAP Financial Accounting (FI) is the central module where all the financial processing transactions are captured, and that is used to create statutory Financials Statements for external reporting purposes.
Functions in SAP FI can primarily be divided into
SAP Controlling module helps provide operational information to the management of a company to support business analysis and decision-making.
CO represents the internal accounting viewpoint of an organization. It provides information to managers to help manage costs and operations of the organization.
SAP BPC focuses on management/financial budgeting and consolidation as well as collaboration through reports and scorecards. Another feature is the predictive forecasting based on historical data.
Some of the benefits for businesses using SAP BPC are:
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