【正文】
ng Order (planning)A request created in the planning run for a material in the future (converts to either a production or purchase order) Order (execution)A request or instruction internally to produce a specific product at a specific time Order (execution)A request or instruction to a vendor for a material or service at a specific timeStandard reports include:n Balance SheetPresentation of an organization’s Assets, Liabilities, and Equity at a point in timen Ine StatementPresentation of an organization’s Revenues and Expenses for a given period of time (., monthly, quarterly, or yearly)n Statement of Cash FlowsConsiders the associated changes, both inflows and outflows, that have occurred in cash – arguably the most important of all assets – over a given period of time (., monthly, quarterly, or annually)Balanced set of books, as required by law, are prepared at this levelRevenues, in a simple sense, are inflows of cash as a result of selling activities or the disposal of pany assetsExpenses, in a simple sense, are outflows of cash or the creation of liabilities to support pany operationsRevenues Expenses = Net Ine: What the pany owns: What the pany owes: The difference between Assets and LiabilitiesAssets = Liabilities + Equityu Each business transaction impacting FI writes data to the SAP database creating a uniquely numbered electronic documentu The document number can be used to recall the transaction at a later dateu It contains, for example, such critical and necessary information as:n Responsible personn Date and time of the transactionn Commercial contentu Once written to the SAP database, a financial document (one impacting the financial position of the pany)