SAP FI-CO is divided into two parts FI and CO and should provide the necessary indicators to manage the increase in value of a company and guide it towards profit.
FI and CO reporting are composed of the different sub-modules shown below and will be presented later in this article.
External Requirements : FI allows for the analysis of external sources of financing, the obtaining of funds, and the provision of legal and statutory documents.
Internal Requirements : CO is used to analyse internal sources of funding. Profits are one example of internal sources of funding for investment.
On the FI side, we are talking about :
On the CO side, we talk about :
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Financial Accounting (FI)
Based on the general ledger, these Rapid Views have the necessary tools for reporting on accounts payable, receivable or fixed assets.
Allows the analysis of all the accounting entries of the general ledger. Regroups at the same time the data of the accounts receivable, accounts payable, fixed assets, management control, articles, treasury through balance reports, profit and loss analysis, …
These examples are available in the report library of the RapidViews FI-CO module.
Balance sheet by company, accounting period, chart of accounts and general ledger.
Details of the accounting entries for a balance sheet or income statement item. This report can be accessed directly from the balance sheet or income statement.
Allows the analysis of supplier-related entries and has lists of balances, journals, balances, amounts due, etc.
These examples are available in the report library of the RapidViews FI-CO module.
Supplier balance. Details of debits, credits and balance by accounting year, supplier and supplier’s country over two successive years.
Details of purchase orders. The values of the purchase orders are analysed by: Suppliers, Supplier’s country, fiscal year and article.
Allows the analysis of entries related to sales, payment forecasts, balance, monitoring of receivables, late payments, etc.
These examples are available in the report library of the RapidViews FI-CO module.
Late customer payments (past due date). Detail of amounts by Company, accounting year, customer and period.
Customer balance. Details of debits, credits and balance by accounting year, customer and supplier country over two successive years.
Allows analysis of bank transactions and cash flow, receipts and disbursements, cash flow by liquidity condition, by paying company, payment requests, etc.
Allows analysis of the company’s fixed asset management, income value analysis, asset overview, …
These examples are available in the report library of the RapidViews FI-CO module.
Summary statement of fixed asset movements, acquisition costs and book values by Company, accounting year, valuation table of actual, asset category and type of movement.
Contains detailed expense and revenue data to provide information on the use of the elements of production and services provided by the enterprise.
Allows the analysis of overheads, the valuation of finished and semi-finished products and the calculation of margins. Analysis of cost centres, profit centres, …
These examples are available in the report library of the RapidViews FI-CO module.
Cost analysis by fiscal year, cost element and account class.
Allows analysis of production prices, costs and revenues of a service, analysis of added value, detailed production costs, estimation of total costs, split costs by component.
These examples are available in the report library of the RapidViews FI-CO module.
Breakdown of material costs by plant, profit centre, group and material type.
Cost estimates by material, material type, material group and profit centre.
Provides the various sales, planning and marketing departments with financial results to help them make the right decisions.
Having worked for more than 10 years on SAP BW and knowing the complexity of SAP with its multitude of tables and business rules, being able to have pre-defined universes and reports is a real accelerator for setting up reporting on SAP. In addition, as these RapidViews are based on HANA views, the data is displayed in real time.
This Rapid Views solution is available for both versions of SAP on HANA and SAP S/4HANA. Web Intelligence, SAP Analytics Cloud, Power BI, Tableau and all other tools capable of connecting to HANA views can use RapidViews. Annual maintenance provides any necessary patches, new views, reports and dashboards.
This article deals with the FI-CO part but RapidViews exist on other modules like MM, SD, and PP. Do not hesitate to ask us for white papers which present in detail all the modules covered and their functional contents.
For any questions, requests for demonstrations and trial versions: contact@rapidviews.io
