SAP for Media solutions enable a range of key processes to manage by title financial accounting, including:

• General ledger – SAP for Media solutions provide a comprehensive picture for external accounting and accounts – fully integrated with all other operational areas to ensure complete and accurate accounting data.
• Accounts receivable – SAP for Media solutions record and manage customer accounting data via the accounts receivable component, connecting accounts receivable directly to the general ledger using a special reconciliation account.
• Accounts payable – SAP for Media solutions record and manage vendor accounting data via the accounts payable component, connecting accounts payable directly to the general ledger using a special reconciliation account.
• Tax accounting – With SAP for Media solutions, you get full support for the calculation and reporting of taxes on sales and purchases.
• Accrual accounting – With SAP for Media solutions, you can manage accounts payable and receivable via accrual accounting, recording revenues when they are earned (not when receivables are disclosed), and recording costs according to the consumption of material or services (not when the obligation arises).

By title financial accounting is enabled with SAP offerings such as SAP ERP and SAP ERP Financials. To find out how these offerings can improve your by title financial accounting, please complete the "Contact SAP" form and request information about financials.