These postings are displayed in real-time providing up-to-date visibility of the financial accounts. It is within the General Ledger that all accounting postings are recorded. General Ledger is fully integrated with the other SAP Modules. These statements provide an overview of the financial position of the company as a whole.ДЇunds Management allows management to set budgets for revenues and expenses within your company as well as track these to the area of responsibility. SAP allows you to categorize assets and to set values for depreciation calculations in each asset class.Д«ank Accounting allows for management of bank transactions in the system including cash management.Д¬onsolidation enables the combining of financial statements for multiple entities within an organization. Payment programs within SAP enables the payment of payable documents by check, EDI, or transfers.ДЄsset Accounting is utilized for managing your companyвЂ™s Fixed Assets. Automatic postings are generated in the General Ledger as well. The Accounts Receivable Module also integrates with the General ledger, Sales and Distribution, and Cash Management Modules.ДЄccounts Payable records account postings generated as a result of Vendor purchasing activity. Receivables Module that you can monitor aging of the receivables and generate customer analysis. These postings are automatically updated in the General Ledger. The FI Module comprises several sub-modules as follows:ДЄccounts Receivables records all account postings generated as a result of Customer sales activity. The FI (Financial Accounting) Module components. Document transactions occurring within the specific modules generate account postings via account determination tables. The FI Module also integrates with SAP HR (Human Resources) which includes PM (Personnel Management), Time Management, Travel Management, Payroll. The FI (Financial Accounting) Module integrates with other SAP Modules such as SAP MM (Materials Management), SAP PP (Production Planning), SAP SD (Sales and Distribution), SAP PM (Plant Maintenance),and SAP PS (Project Systems). The real-time functionality of the SAP modules allows for better decision making and strategic planning. It is within this module that Financial Managers as well as other Managers within your business can review the financial position of the company in real time as compared to legacy systems which often times require overnight updates before financial statements can be generated and run for management review. The SAP FI CO (Financial Accounting & Controlling) Module has the capability of meeting all the accounting and financial needs of an organization. SAP FI (Financial Accounting) Introduction

Sap financial accounting module