Financial management

Finance plays an important role in the every business SAP. Important financial features covered are

   Accounting – Automatically handle all key accounting processes, such as journal entries, accounts receivable, and accounts payable

  Cost accounting) – Accurately manage cash flow, track budgets, and compare actual and planned figures

  Banking and reconciliation – Quickly process all reconciliations and all bank statements and payments by various methods, including checks, cash, credit cards,   and bank transfers

  Financial reporting and analysis – Create a wide range of standard or customized financial reports from real-time data for business planning and audit reviews