Which of the following is NOT a function of the SAP FICO modules?

Inventory management is not a function of the SAP FICO modules, as it primarily falls under the SAP Materials Management (MM) module. SAP FICO is specifically designed to handle financial and controlling aspects, including cost tracking and controlling, financial reporting and accounting, and budgeting and forecasting.

Cost tracking and controlling involves monitoring and regulating costs within the organization to enhance efficiency and profitability. Financial reporting and accounting cater to the management of financial transactions, generating balance sheets, profit and loss statements, and other financial documents necessary for compliance and internal analysis. Budgeting and forecasting are crucial for financial planning and allocating resources effectively within the organization.

By focusing on financial aspects, SAP FICO plays a vital role in ensuring that a company’s financial health is maintained, while inventory management, which pertains to the management of stock and materials, is managed through a different module within the SAP ecosystem.