1. SAP Glossary
  2. Strategic Enterprise Management
  3. liabilities side


What is liabilities side in SAP FIN-SEM - Strategic Enterprise Management?


SAP Term: liabilities side


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  • Key Concepts: 
    The liabilities side of SAP FIN-SEM Strategic Enterprise Management is the part of the system that records and tracks all of the company’s liabilities. This includes any debts, loans, or other financial obligations that the company has taken on. It also includes any payments that are due to creditors or other parties. 
    
    How to use it: 
    The liabilities side of SAP FIN-SEM Strategic Enterprise Management can be used to track and manage all of the company’s liabilities. This includes recording any new debts or loans that are taken on, as well as tracking payments that are due to creditors or other parties. The system can also be used to generate reports on the company’s liabilities, such as a balance sheet or income statement. 
    
    Tips & Tricks: 
    When using the liabilities side of SAP FIN-SEM Strategic Enterprise Management, it is important to ensure that all of the company’s liabilities are accurately recorded and tracked. This will help to ensure that all payments are made on time and that the company’s financial obligations are managed properly. 
    
    Related Information: 
    The liabilities side of SAP FIN-SEM Strategic Enterprise Management is closely related to the assets side of the system. The assets side is used to record and track all of the company’s assets, such as cash, investments, and property. Both sides of the system work together to provide an accurate picture of the company’s financial position.
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