Show TOC

 FI, Localization Topics for Kuwait


Technical Data

Technical Name of Business Function


Type of Business Function

Enterprise Business Function

Available From


Technical Usage

Central Applications

Application Component

Financial Accounting (FI)

Required Business Function

Not relevant

You can use this business function to meet country-specific requirements in the area of Financial Accounting (FI) for the Kuwait.


  • You have installed the following components as of the version mentioned:

    Type of Component


    Required for the Following Features Only

    Software Component

    EAPPLGLO 607


Statutory Reports

New statutory reports are available that allow you to create:

  • Fixed asset statements

  • Stock statements at closing inventory

  • Statements of subcontractor payments

  • Income tax declarations

  • Withholding tax settlements

  • Statements for Zakat and Other Taxes for Local Companies

For more information, see Statutory Reports.

Company Certificates

This function allows you to manage the various certificates that your company is required to have. For more information, see Company Certificates.

Bank Reconciliation

This report allows you to reconcile the difference between the balance shown in the bank statements you receive from your banks, and the corresponding amount shown in your own accounting records at a particular point in time. For more information, see Bank Reconciliation.

More Information

SAP Library for SAP ERP under Start of the navigation path SAP ERP Add-ons Next navigation step SAP ERP, localization extensions 607 Next navigation step Kuwait Next navigation step Financial Accounting End of the navigation path.