What is customer account in SAP FI-AR - Accounts Receivable?

SAP Term: customer account

• Component: FI-AR

• Component Name: Accounts Receivable

• Description: A structure that records value movements in a company code that affect receivables or payables against a customer.

Smart SAP Assistant

• Key Concepts: 
  A customer account in SAP is a record of all the financial transactions between a customer and a company. It is part of the FI-AR Accounts Receivable component, which is used to manage customer accounts and invoices. The customer account contains information such as the customer's name, address, contact information, payment terms, and any outstanding invoices. 
  
  How to use it: 
  In SAP, customer accounts are created and managed in the FI-AR Accounts Receivable component. To create a new customer account, you must enter the customer's name, address, contact information, payment terms, and any other relevant information. Once the account is created, you can view and manage all of the customer's financial transactions in one place. 
  
  Tips & Tricks: 
  When creating a new customer account in SAP, it is important to ensure that all of the information is accurate and up-to-date. This will help ensure that all of the customer's financial transactions are properly recorded and tracked. Additionally, it is important to keep track of any outstanding invoices or payments due from the customer. 
  
  Related Information: 
  The FI-AR Accounts Receivable component also includes features such as invoice processing, payment processing, credit management, and dunning management. Additionally, it can be integrated with other SAP components such as Materials Management (MM) and Sales & Distribution (SD).