Financial Accounting
The fulfilment of statutory reporting requirements is becoming increasingly important and complex in today's world. To this end, a company must be able to fulfil not only local accounting regulations such as those of the German Commercial Code (HGB), but also international regulations such as IFRS. The basis for this is clean data quality in financial accounting (SAP FI module).
We at BDF EXPERTS therefore support you in setting up a financial accounting structure that is customised to your company and enables efficient process flows, also in conjunction with other SAP modules (e.g. MM, SD). We also take into account trends such as receivables management, which is closely linked to the SAP SD module and accounts receivable accounting.
The SAP-FI module covers the following individual components:
- General ledger accounting (FI-GL)
- Accounts payable (FI-AP)
- Accounts receivable accounting (FI-AR)
- Bank Ledger (FI-BL)
- Asset Accounting (FI-AA)
- Funds Management (FI-FM)
- Travel Management (FI-TV)
- Special Purpose Ledger (FI-SL)
The components of the SAP FI module enable you to fully record your company's financial flows and derive all the necessary follow-up activities for the statutory reporting requirements.
The basis for external accounting lies in financial accounting. Whether it's the business partner structure or the structure of the balance sheet and income statement:
We will show you how you can utilise the area of financial accounting efficiently and also advise you on future topics such as the new SAP Fiori layout, which can display all important information in condensed reports thanks to its clarity.
Highlights
SAP Fiori
By using SAP Fiori, all information can be displayed clearly and compactly.
Receivables management
Holistic and active receivables management enables you to recognise anomalies and thus problems at an early stage and ensures complete documentation for any clarification cases that arise.
Inclusion of legal requirements
Financial Accounting has created a transparent and complete fulfilment of legal requirements with regard to local and international accounting standards.
