What is definitive run in SAP FI - Financial Accounting?

SAP Term: definitive run

• Component: FI

• Component Name: Financial Accounting

• Description: An update run in which a G/L account, asset, or material is adjusted for inflation using a definitive inflation index.

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• Key Concepts: 
  Definitive run is a term used in SAP Financial Accounting (FI) to refer to the process of posting documents to the general ledger. This process is used to update the financial records of an organization and ensure that all transactions are accurately recorded. The definitive run is typically done at the end of a period, such as a month or quarter, and is used to close out the period and prepare for the next one. 
  
  How to use it: 
  In order to perform a definitive run, users must first enter all of the necessary documents into SAP FI. This includes invoices, payments, and other financial transactions. Once all of the documents have been entered, users can then initiate the definitive run process. This will post all of the documents to the general ledger and update the financial records accordingly. 
  
  Tips & Tricks: 
  It is important to ensure that all documents have been entered into SAP FI before initiating a definitive run. If any documents are missing or incorrect, they will not be posted to the general ledger and could lead to inaccurate financial records. Additionally, it is important to double-check all documents before initiating a definitive run in order to ensure accuracy. 
  
  Related Information: 
  The definitive run process is closely related to other processes in SAP FI such as document posting and document reversal. Document posting is used to post individual documents to the general ledger while document reversal is used to reverse previously posted documents. Both processes are necessary for ensuring accurate financial records and should be performed in conjunction with a definitive run.