Financial accounting, which is often always referred to as the language of business, is one of the most important facets of the operations of an organization. Regardless of how small or big, an organization is there is a need for proper accounting. This is vital in order to determine the financial performance of a business and for such to be possible; there is a need to have a competent accountant. To facilitate the accounting functions of one company, SAP ERP is software that can be useful. With this, an organization will need someone who is adept with SAP skills in financial accounting. A certification will be necessary and to be able to pass such, SAP FI books will surely be helpful as it can aid in your learning.
SAP FI Certification is necessary for anyone who would like to be employed in a company that uses SAP for financial accounting. In order to be certified, you need to pass the tests that will cover various areas of accounting. This is the part where SAP FI books can prove to be helpful in ways more than one. Generally speaking, the modules are designed to facilitate the following processes in a company: General Ledger, Accounts Payable, Accounts Receivable, Bank Accounting, Asset Accounting, Funds Management, Travel Management, and Special Purpose Ledger.
Before applying for certification or if you simply would like to refresh your memory, SAP FI books will surely prove to be an excellent investment as they can provide you with the knowledge that will arm you for the job. Among others, one of the many things that you will learn would be financial reporting. The books can help you learn how to use the tools to create accurate reports in a manner that is automated. More so, SAP FI books will make you learn more about asset accounting and investment management, which are amongst the important parts of financial accounting. It can help you perform periodic assessment of assets and calculate depreciations, among other things. With SAP FI books, your knowledge on accounts receivables and accounts payables will also be enhanced. Some of the specific things that you will learn include defining payment terms, setting up automatic payment, creating vendor accounts, and posting invoices through the SAP system, among other things.
In sum, knowledge in financial accounting alone may not be sufficient to gain SAP certification. There are other facets that you should know, such as automation of accounting processes, which can be learned with the help of SAP FI books. With the help of the latter, it will not be difficult to achieve the certification you have always wanted.