The aim of this lesson is to describe the structure and basic tasks of accounts receivable accounting. Because the basic structures of Accounts Receivable are similar to those of Accounts Payable, we can build on this knowledge.
The entire integration of Accounts Receivable with Sales is presented in detail in the Unit Lead to Cash.
Current Process Step
The current process step is highlighted in the overview below:
Accounts Receivable in Financial Accounting (FI) records and manages the accounting data of each customer.
Because it is highly integrated with SAP S/4HANA Sales, customer invoices and credit notes from SAP S/4HANA Sales are automatically posted in Accounts Receivable.
Because many postings in Accounts Receivable Accounting are made automatically, the integration tests take place as part of the Lead-to-Cash processes. Regardless of this, it is interesting, to know how master data and open item management works.