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SAP FICO (Financial Accounting and Controlling) is a core module in SAP ERP used for managing financial transactions and internal reporting. It helps businesses track and manage their financial conditions efficiently by integrating financial accounting (FI) with cost controlling (CO). SAP FICO ensures accurate financial reporting, simplifies regulatory compliance, and supports strategic planning with real-time financial data. It is widely used by organizations for managing accounts, budgets, and profitability analysis. The integration with other SAP modules allows seamless data flow, making business processes more efficient and reliable. SAP FICO is essential for informed financial decision-making and performance monitoring.