Description

SAP Financial Accounting (FI) is a component within the finance module of SAP ERP solution designed for financial administrators. It enables users to manage transactions in fixed asset accounting, bank accounting, cash journals, and tax accounting; transfer, manage, and control large amounts of data; record the financial transactions associated with the movement of goods and services between the company and customers; handle bookings, payment, approvals, and travel expenses; create income statements, balance sheets, and cash flow statements. Features include general ledger accounting, asset accounting, travel management, master data management, and data archiving.