SAP FI - Free Info Session - June 15th at 1 pm EST
SAP Financials (FI) delivers tools and reports that enable you to manage all financial processes. For example, chart of accounts allows you to define all accounts and their hierarchical relationship; journal entries allow you to enter or find manual journal entries and automatically allocate each transaction to a project or profit center. A transaction template enables you to save time and prevent mistakes when entering manual journal entries.
FI (Financial Accounting) module also integrates with other SAP modules such as MM (Materials Management), PP (Production Planning), SD (Sales and Distribution), PM (Plant Maintenance), and PS (Project Systems). Document transactions occurring within a specific module generate account postings via account determination tables. This real-time functionality of the SAP modules allows for better decision making and strategic planning.