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What is Golden Accounting Principles in SAP about?

1. The document explains the basic accounting principles known as the "Golden Accounting Rules" that underlie entries in SAP. The three rules are: debit what comes in and credit what goes out for real accounts, debit the receiver and credit the giver for personal accounts, and debit expenses/losses and credit incomes/gains for nominal accounts. 2. Examples are provided of common accounting entries for goods issue, invoicing a customer, and receiving payment from a customer. Each follows the three rules by d

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ficisi9278

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EN