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What is Overview of SAP Financial Accounting about?

The SAP FI module allows companies to record and maintain financial accounting transactions for external reporting. It has sub-modules for general ledger, accounts receivable, accounts payable, banks, and fixed assets. Every transaction is recorded as a document in SAP, which includes a document header and line items that ensure debits equal credits. Common document types include invoices, debit entries, and credit entries.

Author

Vibhor Garg

Language

EN