Account Receivable - Any transaction with a customer means that the organization expects some money is coming into the account. Account Receivable in SAP accounts for all accounting data pertaining to a customer. All postings in AR are captured in... Continue Reading →
General Ledger or GL, in pure financial terms, is a record-keeping system that takes into account every financial transaction that takes place in a company while it is operational. GL is usually maintained by employing a double-entry method where each... Continue Reading →
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