Financial Accounting
Financial Accounting (FI) includes Accounts Payable, Accounts Receivable, Credit Management, Treasury, Financial Information System, General Ledger (G/L), and Extended G/L.
Tip
SAP R/3 Accounting Modules FI and Controlling (CO) are set up so that just one entry is required for each business transaction. There's no need to copy records from one subledger to another.
The General Ledger provides a complete picture of all business transactions (see Figure C.1). It gets its data from automatic postings from subledgers. All G/L numbers are tied to source documents. From the G/L level, you can zoom progressively to more detail until you get to the actual source document. The G/L collects all the accounts.
Figure C.1. One way ...
Get Sams Teach Yourself SAP R/3 in 10 Minutes now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
