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The requirements for SAP FI configuration are chart of accounts, fiscal calendar year variants and currencies. Once the configuration is completed, the document submitting will automatically be posted thereafter. Enterprises can check out its authentic-time financial standing. This permits enterprises to maintain a observe of every money transaction and aids in finance reporting at the conclusion of fiscal year.
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SAP Fiscal Accounting as the phrase indicates upgrades finance management in enterprises. Finance is the most critical portion of each business which aims at the perfect management of finance. It gets nerve-racking and complicated to control all the economical accounting portion by man-electrical power.
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