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Business Transaction Effect on the Financial Statement

Hi Experts,

Please help me understand how the business transactions of the following has effect on the financial reports

1. Posting of A/R invoice in Balance Sheet and Profit and Loss Statement

2. Posting of A/P Invoice in BAlance Sheet and Profit and Loss Statement

3. Incoming and Outgoing Payments.

I am basically new to SAP and felt that the training I attended is not sufficient.



Former Member

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