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what is the relation between fi & co and ho the accounting
flow takes place?
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Answer Posted / shwetafico
FI contains 4 components that is GL, AP, AR and AA where we post the documents to know the financial status of our Business where as CO Contains 6 components that is CEA, CCA, OM, EC-PCA, PC and PA. FI can be done without using CO, whereas CO need information from FI to take appropriate decisions related to Cost Controlling.
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