Posting occurs with many different types of documents. It indicates that all
sides of the FI entry are in balance. Posting actually writes the document to
Payment on the other hand is the actual issuing of a check. Payments can
also be processed in accounts receivable.
In that case, you are posting (updating your books to reflect) the receipt of
a check from a customer and the deposit of said check in the bank.
Accounts payable is processing the money your company owes to a vendor for
goods and services received. Account Payable is a liability on the balance
Accounts receivable is collecting the money that other companies/customers
owe you. It is an asset on the balance sheet.
SAP is integrated. In most instances, there isn't a "link." The transaction
directly updates the tables involved. There is a semi-severance between FI/Payment
to allow checks to be issued even if there's a minor imbalance in the FI side of
Asset depreciation and physical inventory are some example that don't update
FI (CO/FM) as soon as the document is saved.
Modules that appear in more than one place is caused by SAP trying to be
flexible in where it places things on its menu, so that different
users/companies find it easy to locate a given transaction within the confines
of the module they work in. This has become more pronounced since the change to
role based authorization management. That's why you can reach Create a
requisition from 4 different pathways, why Project Systems is in both Logistics
and FI, and why Travel Management is in both HR and FI.
In some organizations, travel authorization and tracking is an HR function,
in some it is an FI function.
Difference between Clear and Payments
Apart from processing open items, what is the difference between: 1. Accounting-->FA-->AR-->Document entry-->Incoming payment > F-28 and 2. Accounting-->FA-->AR-->Account-->Clear F-32 and the difference between
F-53 and F-44 in AP.
When you post a transaction, you will get a Accounting document. If you are
creating a payment document through F-53 or F-58 without linking the Accounting
document, than we have to create a link between the accounting document and
payment document and that can be done through F-32 (for GL) and F-44 (for AP).
An good example is when we make down payment, a payment document is created. If
we post the invoice, an accounting document is created. To clear this payment
document and accounting document, F-44 is used.
- F-28 will be used to make trasactions for income payments.
Eg: If you receive from a customer by using above T code will be passed
- F-32 will used used for clear the Customer line items.
- F-53 will be used for making payments to vendors.
- F-44 will be used for clearing the Vendor Line items.