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FICO is also mentioned as FI/CO where as
FI stands for Financial accounting
CO stands for Controlling (Management accounting)
This module used to monitor and correct the financial situation of a company. By using the SAP FICO One can find the inside operations by creating reports and quickly find answers for accounting requirements.
SAP FICO is divided into two parts they are SAP FI and SAP CO. SAP FI represents the financials reports for SAP software and SAP CO covers the managerial or cost controlling. The non-financial students can also learn the SAP FICO easily.