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SAP FI – Define Business Area

Business Areas are used to differentiate transactions that come from different lines of business in a company. Example There is ...

Function Areas in finance accounting are used to define the expenses in a company according to individual function units. The ...

Credit Control in FI is used to check the credit limit for the customer and it can use one or ...

The General Ledger is used to record all the business transactions in a software system. SAP FI – Chart of ...

You can create a SAP FI chart of accounts group as per your requirement. To effectively manage and control a ...

Retained Earnings Account is used to carry forward the balance from one fiscal year to the next fiscal year. You ...

General Ledger (G/L) accounts are used to provide a picture of external accounting and accounts and to record all the ...

In SAP R/3, go to Accounting → Finance Accounting → General Ledger → Master Records → G/L accounts → Individual ...

In SAP R/3, go to Accounting → Finance Accounting → General Ledger → Master Records → G/L accounts → Individual ...

General Ledger accounts can be used as per legal regulations to generate the final statements. Financial statement versions are used ...