Solution Summary:
SAP Financial Accounting (FI) & Controlling (CO) are two seperate modules aiding in the enhanced management of financial transactions within enterprises, and supporting the process works of planning, reporting, and monitoring business operations.
The Financial Accounting module aids employees to better manage information involved with any financial and business transactions on a single collaborative system. While providing a flexible system and function, the SAP FI module consolidates data for diverse business transactions and legal requirements, gathering a real-time financial position of an enterprise within their market.
The Controlling module onvoles methods to view and organize costs that are required for financial reporting; and enables professionals to plan, track, perform, and report their costs.