Payments – FI-AP-AP-PT.pdf
TRAINING NOTES & TIPS
- We can archive & load the historical financial accounting module data. Archiving old & currently not in use data helps to save the storage & increase the program performance. We cannot archive all FI data like which contains open items; archivable data should meet certain parameters. The archived data can be accessed & reloaded in future. Some of the archivable SAP FI data are
- Accounting documents
- Payment requests
- Customer master data
- Vendor master data
- Bank master data
- Payment program in SAP financial accounting module is used to do the international payment transfers. This helps to make the transactions with vendors & customers easily & by following all country specific rules. The FI subcomponents which are mainly using the payment program are
- Accounts Receivable
- Accounts Payable
- Treasury
- Bank Accounting
- Each data posting in Financial Accounting is known as a document.