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                     SAP FI
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SAP FI
SAP FI is a module used for financial  
reporting both externally and internally.  
SAP FI is accountable for tracking the flow 
 of financial data across the organization
in a controlled manner and integrating all  
the information for effective strategic
decision-making.
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SAP FI
SAP FI Sub
Modules:
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SAP FI
General ledger accounting
All general ledger accounts that are used for reporting 
 are managed through general ledger accounting.
In SAP a set of all general ledger accounts used by a  
company or a group of companies is called a chart of
accounts. These are the accounts that will be used for 
 the preparation of financial statements.
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SAP FI
Accounts Receivables: Accounts receivables is a
sub module that captures all transactions with customers 
 and manages customer accounts. Separate customer  
accounts will be maintained and when transactions are  
posted in customer accounts, reconciliation accounts in  
general ledger are updated with the figures in real time.
Transactions in accounts receivables include invoice  
posting, credit memo posting,etc.,
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SAP FI
Accounts payables: Accounts payables is a sub
module that captures all transactions with vendors and 
 manages vendor accounts. Separate vendor 
accounts  are maintained and when transactions are 
posted in  customer accounts, reconciliation accounts 
in general  ledger are updated with the figures in real 
time. Transactions in accounts payables include 
invoice  posting, credit memo posting, down 
payments, etc., [email protected]
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SAP FI
AssetAccounting: Asset accounting manages all
transactions realted to assets for an entity. When  
transactions are posted in asset accounts ,reconciliation 
 accounts in general ledger are updated in real time.
Transactions in asset accounting include asset  
acquisition, asset retirement, asset sale, asset transfer,  
asset revaluation and asset depreciation.
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SAP FI
BankAccounting: Bank accounting captures all
transactions with the banks. Bank reconciliation is  
done to reconcile all transactions recorded on bank  
statements comparing them to transactions in the  
system.
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SAP FI
Travel Management: Is a financial ( FI ) sub-
module. ... It deals with the trip request, planning and  
expenses. The data is integrated with other modules. It 
 makes the organization to manage their travels in a  
more efficient and cost effective way
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SAP FI
Special PurposeLedger Is a receiver system in
which you can enter data created in other SAP  
applications. It is not a sender system for other SAP  
applications.
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SAP FI
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SAP FI
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