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