What is accounting document in SAP FI - Financial Accounting?

SAP Term: accounting document

• Component: FI

• Component Name: Financial Accounting

• Description: The accounting documents record changes in values in a company code arising from accounting transactions. They consist of one or more line items postings, each of which represents an individual transaction posted to an account. When posting an accounting document, the SAP system updates the transaction figures in the accounts to which the document is posted. An accounting document is a representation within the SAP System of the document for example, an invoice that triggered the posting.

Smart SAP Assistant

• Key Concepts: 
  An accounting document is a document used in SAP Financial Accounting (FI) to record financial transactions. It is a record of the debit and credit entries that are made when a transaction occurs. The accounting document contains information such as the date, amount, and type of transaction, as well as the accounts affected by the transaction. 
  
  How to use it: 
  Accounting documents are created in SAP FI when a transaction occurs. The accounting document is used to record the debit and credit entries associated with the transaction. The accounting document can then be used to generate reports and analyze financial data. 
  
  Tips & Tricks: 
  It is important to ensure that all accounting documents are accurate and up-to-date. This will help ensure that financial reports are accurate and that any discrepancies can be quickly identified and corrected. 
  
  Related Information: 
  Accounting documents are closely related to other SAP FI components such as General Ledger (GL) and Accounts Payable (AP). These components can be used to further analyze financial data and generate reports.