A study on concepts of finance for finance decision making

May 28th, 2015
Studypool Tutor
Abilene Christian University
Price: $25 USD

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The course offers a significant portion of the tools needed to begin a career in the Financial Services industry by helping to familiarize the student with the structure of financial institutions, the fundamentals of money and finance and the role of financial intermediaries. This course should develop students' analytical and research skills for specific problems or issues related to Financial Markets and Institutions.

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1. What is the SAP Financial Accounting (FI) module?The SAP Financial Accounting (FI) Module provides integrated, on-line, real-time functionality for processing, recording and maintaining the financial accounting transactions of the business for external reporting purposes.2. List and describe sub-modules of FI?Accounts Receivable (A/R) sub-module where customer transactions are recorded and administered within FI.Accounts Payables (A/P) sub-module where vendor transactions are recorded and administered within FI.General Ledger (G/L) submodule where financial accounting data for a legal entity is recorded.Special Ledger (S/L) provides summary information from multiple applications at a level of detail that the user defines that provides summary information from multiple applications at user defined levels.Asset Accounting (AA)- encompasses the entire lifetime of the assets from purchase order or the initial acquisition through retirement. To a large extent the system automatically calculates the values for depreciation, interest, insurance.Legal Consolidations: (FI-LC) is the sub-module with the central task of combining the financial operating results

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