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Component documentation Financial Accounting (FI) Locate the document in its SAP Library structure

Purpose

The Financial Accounting (FI) component covers the most important laws and business practices specific to Brazil. The following documentation describes these aspects of the component.

Features

Country Version Brazil allows for the business place entity, the level which is used for reporting taxes on sales/purchases, nota fiscal reporting, and official document numbering.  

In your day-to-day activities, it:

·        Calculates taxes automatically when you post a purchase order in Materials Management (MM) or a sales order in Sales and Distribution (SD)

·        Processes incoming and outgoing payments in Accounts Receivable (FI-AR) and Accounts Payable (FI-AP)

This includes boletos, faturas, and DME.

You can also use the Brazilian FI functions to fulfill statutory reporting requirements, including the legal books and legal files.

 

 

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