Along with other managers, Financial Managers within your business and same module can review the financial position of the company in real time as contrasted to legacy systems which necessitate overnight updates before financial statements frequently and can be generated for management review. The real-time functionality of the SAP modules allows for better decision making and strategic planning. The FI Module incorporates with other SAP Modules such as MM (Materials Management), PP (Production Planning), SD (Sales and Distribution), PM (Plant Maintenance), and PS (Project Systems). The FI Module also assimilates with HR (Human Resources) that includes PM (Personnel Management), Time Management, Travel Management, Payroll. Document transactions occurring within the precise modules generate account postings by means of account determination tables.

The SAP CO (Controlling) Module endow with supporting information to Management for the purpose of planning, reporting, as well as monitoring the operations of their business. Management decision-making can be achieved with the level of information provided by this module. The Cost Element Accounting component provides information which includes both the costs and revenue for an organization. These postings are updated automatically from FI to CO. The cost elements are the foundation for cost accounting and facilitate the User the ability to display costs for each of the accounts that have been assigned to the cost element. Cost Center Accounting provides information on the costs incurred by your business.

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