General Ledger – General Ledger is fully assimilated with the other SAP Modules. It is within the General Ledger that all accounting postings are recorded this is used to provide a absolute report for internal/ external accounting. It contains the company’s real time transaction data and lists all the accounts.
Accounts Receivable is records that are used to manage all customer accounting data & Customer sales action. It is also used to manage customer ledger and transactions & integrates with the General ledger, Sales and Distribution, and Cash Management Modules.
Accounts Payable it related to vendor purchasing activity & vendor payment Accounts Payable is a sub module of SAP FI used to manage and record accounting data for all the vendors it includes invoice receiving, Down Payment, Payment, etc.
Asset Accounting is utilized for managing your company’s Fixed Assets. This includes all settled assets such as heavy equipment, land, and buildings. SAP allows you to categorize assets and to set values for depreciation calculations in each asset class.
Bank Accounting/Ledger allows for management of bank transactions and managed house bank processes in the system. It can merge all transaction data on bank statements.
Cost Centers Accounting –This sub-module is used for controlling activities. It deals with the expenses & used for reporting purpose within the company’s internal department like sales, Purchase, Production, etc.
Profit Centers –it includes of all the cost data about the company’s business lines & Show expenses and revenues.
Internal Orders – is used for controlling all expenses of business transaction.