AbstractsBusiness Management & Administration

SAP FI optimizes Financial Accounting performance

by Yu Zhang




Institution: HAAGA-HELIA ammattikorkeakoulu
Department:
Year: 2012
Keywords: SAP ERP; R/3; ECC 6.0; Integration; Standard System; FI module; General Ledger; Accounts Payable; Assets Accounts.
Record ID: 1134284
Full text PDF: http://www.theseus.fi/handle/10024/45738


Abstract

This research was to investigate the components of SAP ERP Financial Accounting module and its main functions in order to find out how SAP FI optimizes financial accounting performance. There were two theoretical parts: SAP ERP system and financial accounting. In the first part, there was a short introduction of SAP Company and its products, illustration of the components of SAP ERP, accounting module and FI module and summarization of main features of SAP system. In the second part, the financial accounting process and financial analysis tools and their limits were described. In the research part, the focuses were put on the investigation of main components and key functions of FI four basic sub modules which are FI-GL, FI-AR, FI-AP, and FI-AA. The research results found that SAP FI optimized financial accounting performance through providing high quality accounting information, multi-dimensional and extended analysis and report tools and accelerating decision-making process. These findings could help decision makers to improve their financial performance and web-developers to improve the design of financial functions, and also could be used by students or researchers who are studying or interested in ERP FI module.