What is account maintenance in SAP FI - Financial Accounting?

SAP Term: account maintenance

• Component: FI

• Component Name: Financial Accounting

• Description: The clearing of open items in an account.

Smart SAP Assistant

• Key Concepts: 
  Account maintenance is a component of SAP Financial Accounting (FI) that allows users to create, change, and delete accounts in the SAP system. This includes setting up new accounts, changing existing accounts, and deleting accounts that are no longer needed. It also includes setting up account groups and assigning accounts to them. 
  
  How to use it: 
  Account maintenance can be accessed through the SAP Easy Access menu. Once in the account maintenance screen, users can create new accounts by entering the necessary information such as account number, description, and account type. They can also change existing accounts by entering new information or deleting them if they are no longer needed. Finally, users can set up account groups and assign accounts to them. 
  
  Tips & Tricks: 
  When creating or changing an account, it is important to make sure that all of the necessary information is entered correctly. This includes the account number, description, and account type. It is also important to make sure that the correct account group is assigned to each account. 
  
  Related Information: 
  For more information on account maintenance in SAP Financial Accounting (FI), please refer to the SAP Help documentation or contact your local SAP support team.