A company is defined as the smallest unit for which financial statements can be created in accordance with commercial legal regulations. In SAP FI, a...
Business Areas are used to differentiate transactions that come from different lines of business in a company. Example There is a big company XYZ which...
Function Areas in finance accounting are used to define the expenses in a company according to individual function units. The most common Functional Areas are...
General Ledger (G/L) accounts are used to provide a picture of external accounting and accounts and to record all the business transactions in a SAP...