4. Financial Accounting

Financial Accounting Company-wide control and integration of financial information is essential to strategic decision making. SAP ERP gives you the ability, to centrally track financial accounting data within an international framework of multiple companies, languages, currencies, and charts of accounts. The Financial Accounting function complies with international accounting standards such as US-GAAP and IFRS.

Key features and functions include the following

• Fixed asset, accrual, bank, cash journal.
• Inventory and tax accounting General.
• Ledger, Accounts Parallel valuations.
• Receivable/accounts payable AR/AP.
• Fast close functions, financial statements.