What is accounts receivable ledger in SAP FI-AR - Accounts Receivable?

SAP Term: accounts receivable ledger

• Component: FI-AR

• Component Name: Accounts Receivable

• Description: A ledger set up to record the values resulting from business transactions with customers.

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• Key Concepts: 
  The accounts receivable ledger is a component of the SAP Financial Accounting (FI-AR) module. It is used to record and manage customer accounts and the amounts owed to the company. The ledger contains all the information related to customer accounts, such as invoices, payments, and credit notes. It also includes information about customer credit limits, payment terms, and other relevant data. 
  
  How to use it: 
  The accounts receivable ledger can be used to track customer accounts and manage customer payments. It can be used to generate invoices, process payments, and track customer credit limits. It can also be used to generate reports on customer accounts and payments. 
  
  Tips & Tricks: 
  It is important to keep the accounts receivable ledger up-to-date in order to ensure accurate financial reporting. It is also important to regularly review the ledger for any discrepancies or errors. 
  
  Related Information: 
  The accounts receivable ledger is closely related to other components of the FI-AR module, such as the general ledger and the accounts payable ledger. It is also related to other modules, such as Sales & Distribution (SD) and Materials Management (MM).