What is accounts receivable in SAP EPM-SA - SAP Spend Performance Management?

SAP Term: accounts receivable

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: The amount owed to another party for goods sold or services provided that are still unpaid.

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• Key Concepts: 
  Accounts receivable is a component of the SAP Spend Performance Management (EPM-SA) module. It is a financial record that tracks the money owed to a company by its customers. It is used to track customer payments and ensure that the company receives payment for goods and services provided.
  
  How to use it: 
  Accounts receivable can be used to track customer payments and ensure that the company receives payment for goods and services provided. The accounts receivable module allows users to view customer invoices, track payments, and generate reports on customer payment history. It also allows users to set up payment reminders and send out automated emails when payments are overdue.
  
  Tips & Tricks: 
  When setting up accounts receivable, it is important to ensure that all customer information is accurate and up-to-date. This will help ensure that payments are received on time and that customers are not overcharged. Additionally, it is important to regularly review customer accounts to ensure that all payments have been received and that any discrepancies are addressed promptly.
  
  Related Information: 
  Accounts receivable is closely related to accounts payable, which is a financial record that tracks the money owed by a company to its suppliers. Additionally, accounts receivable is often used in conjunction with other financial modules such as inventory management, order processing, and billing systems.