SAP is a popular enterprise resource planning (ERP) software that is used by businesses of all sizes across the globe. The Financial Accounting and Controlling (FICO) module is one of the most widely used modules in SAP. It helps companies to manage their financial transactions and accounting operations effectively. In this article, we will explore the SAP FICO module and its various tables in detail.
What is SAP FICO?
SAP FICO is a module within the SAP ERP system that is specifically designed for financial accounting and controlling operations. It helps companies to manage their financial transactions, track costs, and generate financial reports.
What are SAP FICO Tables?
SAP FICO tables are database tables that store financial and accounting data in the SAP system. These tables are used to store information about various financial transactions and accounting operations such as invoices, payments, journal entries, and balance sheets. There are several SAP FICO tables, and each table serves a specific purpose.
SAP FICO Tables and Their Descriptions
- BSEG – This table contains information about accounting document segments such as debit and credit values, document numbers, and posting keys.
- BKPF – This table stores data about accounting documents such as document type, company code, and fiscal year.
- KNA1 – This table stores information about customer master records such as name, address, and payment terms.
- LFA1 – This table contains data about vendor master records such as name, address, and payment terms.
- GLPCA – This table stores data about the profit center accounting document items such as debit and credit values and profit center.
- GLPCT – This table stores data about profit center accounting document totals such as the total debit and credit values and the profit center.
- COEP – This table contains data about postings to CO objects such as cost centers, internal orders, and projects.
- COSP – This table stores data about the cost object controlling totals such as the total costs and revenues of a cost object.
- CSKS – This table stores data about cost center master records such as name, description, and the person responsible.
- SKA1 – This table stores data about the vendor master record such as name, address, and payment terms.
- SKB1 – This table contains data about the company code data for vendors.
- SKAT – This table stores data about the vendor account group.
- T030 – This table contains data about the accounts for posting key.
- T001 – This table stores data about company codes.
- T001K – This table contains data about the chart of accounts.
Conclusion
SAP FICO is an essential module in the SAP ERP system that helps companies to manage their financial transactions and accounting operations effectively. The SAP FICO tables are critical in storing financial and accounting data in the SAP system. Understanding the various tables and their functions is crucial for companies to manage their financial operations effectively.
FAQs
- What is SAP FICO used for?
SAP FICO is used for financial accounting and controlling operations in the SAP ERP system.
- What are SAP FICO tables?
SAP FICO tables are database tables that store financial and accounting data in the SAP system.
- How many SAP FICO tables are there?
There are several SAP FICO tables, and each table serves a specific purpose.
- What is the purpose of the BSEG table?
The BSEG table stores information about accounting document segments such as debit and credit values, document numbers, and posting keys.