SAP FI module able to do everything related to accounting and finance from a company. It can be thought of as the financial manager who can review the financial position in real time in accordance with existing procedures.

Because the resulting data is real time, so this module can help decision-making and strategic planning better. All modules MM (Materials Management), PP (Production Planning), SD (Sales and Distribution), CO (Controlling) and HR (Human Resources) module is integrated with FI.

All types of small-scale organizations, large-scale organizations benefit from the implementation of ERP financial modules. Financial module is the core of many ERP software systems. This can collect financial data from various functional departments, and produce financial reports as valuable as general ledger, trail balance, as balance sheet and quarterly financial reports.

This module of the ERP software will take care of all accounts associated inputs and their impact on the overall system. How to finance come and how it has been used. The total flow of money (Cash / Bank) and the total expenditure will be reflected here. As an after effect of this, management will be able to take their important financial decisions, budgeting, etc.. They can learn about the company’s financial position and record on a report called the financial statements.

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