O'Reilly logo

Configuring SAP® ERP Financial and Controlling by John Burger, Peter Jones

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 4

Accounts Payable

Featuring:

  • House Banks and Accounts
  • Payment Program Configuration
  • Company Code Data
  • Vendor Master Data

Accounts Payable (A/P) is the first subledger that we’ll discuss in this book. The A/P module is tightly integrated with the Materials Management (MM) module, the Treasury module, and the Accounts Receivable (A/R) module. The A/P module allows you to manage the most complex of A/P transactions. With SAP’s A/P system, a company can easily manage its payables to provide the maximum cash discount and available cash position on its liabilities. All types of payments can be used, as well as the additional function of A/P and A/R netting for vendors that are also customers. In addition to configuring the A/P module, we’ll ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required