SAP Financial Accounting (FI) is a core application of the SAP Enterprise Resource Planning (ERP) systems and offers features to support financial and accounting processes. It is suitable for companies of all sizes and industries and supports multilingual environments. SAP FI helps companies consolidate and analyze their financial data to make informed decisions and ensure secure financial reporting.

SAP FI includes functions for accounting, commercial processing, financial management and financial analysis. The accounting functions include basics such as account master data creation, account management, account balances and account journals. In addition, SAP FI contains practical functions for preparing balance sheets, profit and loss statements, cash flow reports and sales tax statements.

Functionalities are available for financial management that enable efficient management of working capital, risk-based financial planning and optimized credit risk assessment. SAP Financial Accounting can also be used to analyze and evaluate trends, relationships and comparisons between financial data.

SAP FI can also be used with other SAP modules to ensure optimal control and management of financial processes. These include Controlling (CO), Materials management (MM), Production planning & control (PP), the Sales and distribution logistics (SD) and Human Capital Management (HCM). With the integration of these modules, SAP FI can absorb the financial data from the other modules to provide companies with comprehensive financial management.