title: SAP Controlling (SAP CO) in SAP FICO: Configuration Guide (SAP PRESS)
author: Kathrin Schmalzing
description: Kathrin Schmalzing is a manager at one of the "big four" consulting firms, where she specializes in FI and CO implementations, business process analysis and transformation, and value flow analysis. Kathrin has been working in CO for 15 years.
zlib_text: SAP FICO 
   
   
   
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  SAP FICO 
   
   
   
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  About the Tutorial 
  SAP FI stands for Financial Accounting and it is one of important modules of SAP ERP. It 
  is used to store the financial data of an organization. SAP FI helps to analyze the financial 
  conditions of a company in the market. It can integrate with other SAP modules like 
  SAP SD, SAP PP, SAP MM, SAP SCM, etc.   
  SAP Controlling (CO) is another important SAP module offered to an organization. It 
  supports coordination, monitoring, and optimization of all the processes in an organization. 
  SAP CO includes managing and configuring master data that covers cost and profit centers, 
  internal orders, and other cost elements and functional areas. 
  This is an introductory tutorial that covers the basics of SAP FICO and how to deal with its 
  various modules and sub-modules.  
  Audience 
  This tutorial will be extremely useful for professionals who aspire to learn the ropes of SAP 
  FI