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.