on 09-17-2008 9:54 AM
Could any one explain me the basics of A/R and A/P in FI Module
hi
Account Receivable
The SAP Accounts Receivable application component records and administers accounting data of all customers. It is also an integral part of sales management.
Account Payable
The SAP Accounts Payable application component records and administers accounting data for all vendors. It is also an integral part of sales management: Deliveries and invoices are managed according to vendors. The system automatically makes postings in response to the operative transactions. In the same way, the system supplies the Cash Management application component with figures from invoices in order to optimize liquidity planning.
for further help plz refer at
help.sap.com\
http://www.sap-basis-abap.com/sapfiar.htm
http://www.mysaphelp.com/blog/?p=42
regards
Srilaskhmi
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Hi ,
Basic settings for accounts receivable:
a.) Creation of customer Accounts groups:
Two types of customs
FI u2013 Customers u2013 assets sales, scrap sale parties
SD u2013 Customers u2013 products sales
b. Define No. ranges for customers Accounts:
c. Assign No. ranges to customer accounts groups
d. Creation of 2 G/L Accounts:
i.Sundry Debtors Under Current assets, loans & advances
ii.Sales Accounts u2013 Under sales account
e.Creation of customer master
f.Document types and No. ranges
Dr u2013 Customer Invoices
DZ u2013 Customer Payment
DA u2013 Customer document for transfers/reversals
g. Posting Keys: 01 u2013 Customer debit
15 u2013 Customer Credit
Regards
Surya
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Hi Parthasarathy,
Accounts payable (A/P)
It is a subsidiary ledger,This is used for material purchases & salaries. When MM Module is used Use for services where TDS is to be deducted
When we purchase Raw Material
Inventory Raw Material Dr (General Ledger)
To Party A/C (Subsidiary Ledger) u2013
Basic settings for Accounts payable
1. Creation of vendor Accounts Groups:
a. FI (Financial Vendor) (service parties)
b. MM (Material management vendor) (Material Parties)
For above both cases we have to specify reconciliation account field requirement
2. Creation of No. ranger for vendoru2019s Account
3. Assign number range group of vendor Account group
4. Define tolerance group for vendors.
5. Creation of 2 G/L Masters
a. Inventory raw material Current Assets loans & Advances
b. Sundry Creditors raw materials Current liabilities & Provision
6. Creation of Vendor masters
7. Document type and N0. Ranges
KR u2013 Vendor Invoice
KZ u2013 Vendor Payment
KA u2013 Vendor document for transfer/reversal
8. Posting Keys 31 Vendor Credit
25 Vendor debit
Regards
Surya
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Hi
Your requirement is not clear.
AP is account payable module for managing vendor transactions whereas AR deals with customer transactions.
Like the GLs, we have account groups, master records, etc. in both AR & AP. These sub-modules are in real-time integrated to GL through control accounts in GL (reconciliation accounts).
Regards
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Hi,
Check this link:
http://help.sap.com/saphelp_erp60_sp/helpdata/en/01/a9b0fd455711d182b40000e829fbfe/frameset.htm
Regards,
Eli
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