Financial Accounting

It is designed to collect the transactional data that provides a foundation for preparing the standard portfolio of reports.

• Financial Accounting
• Production Planning
• Materials Management
• Sales and Distribution

A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

• Balance Sheet
• Income Statement
• Statement of Cash Flows

A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

• Balance Sheet
• Income Statement
• Statement of Cash Flows

A statement of profit or loss, revenue statement, statement of financial performance, earnings statement, operating statement, or statement of operations) is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period

• Balance Sheet
• Income Statement
• Statement of Cash Flows

is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.

• Balance Sheet
• Income Statement
• Statement of Cash Flows

An independent environment in the system.

• Client
• Company Code
• Chart of Accounts
• Credit Control Area

Represents an independent legal accounting unit. -Balanced set of books, as required by law, are prepared at this level.

• Client
• Company Code
• Chart of Accounts
• Credit Control Area

A classification scheme consisting of a group of general ledger (G/L) accounts. Provides a framework for the recording of values to ensure an orderly rendering of accounting data

• Client
• Company Code
• Chart of Accounts
• Credit Control Area

An organizational entity which grants and monitors a credit limit for customers

• Client
• Company Code
• Chart of Accounts
• Credit Control Area

An organizational unit that represents a separate area of operations or responsibilities within an organization and to which value changes recorded in Financial Accounting can be allocated

• Business Area
• Company Code
• Chart of Accounts
• Credit Control Area