SAP FI (Financial Accounting)
SAP FI ChatGPT SAP FI (Financial Accounting) is a module within SAP ERP that focuses on managing an organization's financial transactions, accounting processes, and financial reporting. It is one of the core modules of SAP and is widely used by businesses to handle their financial management activities. Here are some key features and functionalities of the SAP FI module: General Ledger (GL) Accounting: SAP FI allows you to create and manage the general ledger, which is the central repository for financial transactions. It supports the recording, posting, and analysis of financial data across various accounts. Accounts Payable (AP): This component of SAP FI manages the organization's payable accounts, including vendor invoices, payments, and reconciliation. It helps in maintaining accurate records of outstanding liabilities. Accounts Receivable (AR): The AR functionality handles customer invoices, receipts, credit management, and collections. It enables organizations to track