SAP is acronyms for 'System Applications Products' having a deep concern with the data processing. FI is abbreviation of Finance and CO is short name of controlling, for SAP FICO certification. The year of commencement of SAP is 1972 by Wellenreuther, Hopp, Hecter, Pltner and Tschira. It was renamed in 1977, before this it was known with the name System Analysis and Program Development. No doubt SAP is ERP that stands for Enterprise Resource Planning system. ERP is aggregate of business management practice in which information technology is concerned with the core process of business to attain the business objectives. SAP is too rich because of its advantages; it has integration ability with its modules. It is not too costly, fasters in processing and all the reports are generated in real time. It is multilingual in multiple countries of the world compatible with the multiple currencies of the world. Because of this software the man power in an organization is reduced. Different modules of SAP are working in the market and two of them are Finance (FI) and Controlling (CO), FICO modules work with accounting that with internal and external accounting. The functional components of FICO are related with finance that with general ledger, accounts receivable, accounts payables, fixed assets. The controlling aspect is concerned with the cost center accounting, internal orders, profit center accounting, product costing and profitable analysis. SAP Financial Accounting stands in the list of imperative modules that provides data for external reporting in real time environment. This module work in companies to aggregate many parallel modules. SAP FI can meet all accounting needs of an organization. This module is very helpful for basic strategic planning and judgment making. "Controlling" in SAP has deep concern with management accounting. The above managed organizational modules of CO are very helpful for managers by providing reports on profit centers, cost centers, profitability etc. There is working sequence of modules that is the transaction posted on FI are forwarded to CO for cost accounting processing, audit controlling and analytical reporting. There is cheap facility of video training of all SAP modules at tekvdo, a website that provides professional video training across the world and round the clock. For professional training register yourself for SAP online training from teachers who has strong professional background in SAP.All lectures are delivered in easy English language. A person with little knowledge of English language can have these courses. To work in an organization for SAP modules first get training of SAP bw training and SAP fpm from tekvdo
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