S4HANA Accounts Payable and Accounts Receivable
Categories Finance and Controlling SAP ERP
Short-term debt and a liability on the balance sheet, accounts payable (AP) represents a company's obligation to pay…
S4HANA Financial Accounting – General Ledger Accounting
Categories Finance and Controlling SAP ERP
General ledger accounts are classified by account type A - AssetsD - Debtors (Customers)K - Creditors(Vendors)M- MaterialS -…
What is Fixed-Asset Accounting?
Categories Finance and Controlling Fixed Assets SAP ERP
An asset is basically anything you own or take care of, with an expectation that it will keep…
Important about Financial statements
Categories Finance and Controlling SAP ERP
The financial statements consist of the income statement, balance sheet, and cash flow statement. These three reports provide…
General Ledgers and Chart of accounts (COA)
Categories Finance and Controlling SAP ERP
A company's chart of accounts (COA) is a list of all the financial accounts in the company's general…