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Former Member
May 31, 2011 at 01:02 AM

Business Transaction Effect on the Financial Statement

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Hi Experts,

Please help me understand how the business transactions of the following has effect on the financial reports

1. Posting of A/R invoice in Balance Sheet and Profit and Loss Statement

2. Posting of A/P Invoice in BAlance Sheet and Profit and Loss Statement

3. Incoming and Outgoing Payments.

I am basically new to SAP and felt that the training I attended is not sufficient.

Thanks

Cheng