Wanderlust World Wanderlust World SAP FICO = FInancial Accounting + COntrolling. It is the core financial module of SAP ERP / S/4HANA, integrating all financial data for real-time enterprise visibility.
| Sub-Module | Key Functions |
|---|---|
| FI-GL (General Ledger) | Chart of accounts, journal entries, parallel currencies, financial statements, closing. |
| FI-AP (Accounts Payable) | Vendor master, invoice verification, payment program, 1099, withholding tax. |
| FI-AR (Accounts Receivable) | Customer master, credit management, invoicing, collections, dunning, revenue recognition. |
| FI-AA (Asset Accounting) | Acquisition, depreciation (book/tax), transfer, retirement, revaluation, lease accounting (IFRS 16). |
| FI-BL (Bank Accounting) | Bank master, electronic bank statement, cash management, cash forecasting. |
| FI-TV (Travel Management) | Trip planning, expense claims, per diems, integration with HR/Concur. |
| CO-OM (Overhead Cost Controlling) | Cost centers, internal orders, activity-based costing, assessment/distribution. |
| CO-PC (Product Cost Controlling) | Material cost estimates, work in process, variance analysis, costing run. |
| CO-PA (Profitability Analysis) | Market segments (customer, product, region), margin analysis, contribution margin. |
| CO-PC (Profit Center Accounting) | Internal P&L by profit center; EC-PCA (new GL) vs. classic PCA. |
SAP FICO is the financial backbone of 20,000+ enterprises worldwide.