Scope of FICO

·         FICO is basically to produce a eternal reports

EX: Balance sheets, P & L Statement, etc.

·         These statements are submitted to banks, Tax authorities, atake holders

·         Sub Modules in FICO

(1)    General Ledger Accounts (G/L)

(2)    Accounts Receivable (A/R)

(3)    Accounts Payable (A/P)

(4)    Assets Accounting

(5)    Taxation