The SAP ERP ____ software module records all financial transactions in the general ledger accounts and generates financial statements for external reporting.
A) controlling
B) materials management
C) financial accounting
D) sales and distribution

Question

Quizplus · Accepted Answer

The SAP ERP financial accounting software module is specifically designed to record all financial transactions in the general ledger accounts and to generate financial statements for external reporting. It allows for the tracking of financial transactions such as accounts payable, accounts receivable, asset accounting, bank accounting, and general ledger accounting. The other modules listed (controlling, materials management, and sales and distribution) are focused on different operational areas, such as supply chain management and sales processes, and do not have the same financial reporting capabilities as the financial accounting module.

The SAP ERP ____ Software Module Records All Financial Transactions