What is Customers in SAP SRD-FIN-ACR - FIN-Receivables?

SAP Term: Customers

• Component: SRD-FIN-ACR

• Component Name: FIN-Receivables

• Description: A work center view that allows you to create and edit all customer data, such as address or financial data.

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• Key Concepts: 
  Customers are entities that purchase goods or services from a company. In SAP, customers are managed in the SRD-FIN-ACR FIN-Receivables Management component. This component allows companies to track customer information, such as contact information, payment terms, and credit limits. It also allows companies to manage customer accounts and track customer payments. 
  
  How to use it: 
  In order to use the SRD-FIN-ACR FIN-Receivables Management component, companies must first create customer accounts. This can be done by entering customer information into the system, such as contact information, payment terms, and credit limits. Once the customer accounts have been created, companies can then manage them by tracking customer payments and updating customer information as needed. 
  
  Tips & Tricks: 
  When creating customer accounts in the SRD-FIN-ACR FIN-Receivables Management component, it is important to ensure that all of the necessary information is entered accurately. This will help ensure that customer payments are tracked correctly and that customer information is up to date. Additionally, it is important to regularly review customer accounts to ensure that all of the necessary information is up to date. 
  
  Related Information: 
  The SRD-FIN-ACR FIN-Receivables Management component is part of SAP’s Financial Accounting module. This module also includes components such as Accounts Payable, General Ledger, and Asset Accounting. Additionally, SAP offers a variety of other modules that can be used in conjunction with Financial Accounting, such as Sales & Distribution and Materials Management.