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Updated in [July 25th, 2023]

Uplatz welcomes you to its Accounts Payable in SAP course. Accounts Payable is an integral part of the SAP FICO module, which records and manages accounting data of vendors. This type of accounting is also known as sub-ledger accounting, as the business transactions are carried out individually in the vendor accounts. All the processed transactions in accounts payable are directly recorded in the general ledger account. The application is updated in real time through settings made in the general ledger master while creating the account. The required settings are configured by assigning reconciliation accounts for each account type. Any posting done in accounts payable generates a respective posting to the assigned general ledger account, ensuring that the sub ledgers are always reconciled with the general ledger. In SAP FI, sundry creditors are referred to as accounts payable and sundry debtors are referred to as accounts receivable. The deliveries and invoices are managed according to the vendors. SAP FICO accounts payable can be integrated with FI-GL (General Ledger), FI-AA (Asset Accounting), SAP MM (Materials Management), and the like.

This course provides a comprehensive understanding of the end-to-end processes involved in the Accounts Payable sub-module of SAP FICO. It will help learners to master the concepts of Accounts Payable in great detail, thus giving them a unique edge in their SAP career. Completing the Accounts Payable course in conjunction with Accounts Receivable will provide learners with complete knowledge on both sides of the accounting process involved in SAP FI, making them expert consultants on SAP FICO, the most popular SAP module.

Course Syllabus

Introduction

ENTERPRISE STRUCTURE

Accounts Payable