SAP FICO has some major applications for which it is actually known. It is widely considered I Financial accounting for handling a lot of tasks that matters to the organizations. In fact, all that matters in the accounting can easily be managed with this approach. It also has applications in the Asset and Cost Accounting. The Project system accounting can also be managed through it in a reliable manner. The users are free to consider it for the purpose of Consolidation. In addition to this, SAP FICO has large scale application in the Real Estate which is one of the emerging domains across the globe in the present scenario.