What is the purpose of the customer account statement in SAP FICO?

The customer account statement in SAP FICO provides a summary of all transactions and open items related to a specific customer, including invoices, payments, credit memos, and account balances.

It helps customers reconcile their accounts and verify transaction details. 

Go to FBL5N

Execute the open item

List of open item will be shown up

Go to Environment>Correspondence>Request

Different type of list of report will be shown up, in which we save that report in the system and such as select the Account Statement 

enter Posting from 01.01.24

enter Posting to 12.31.24

Click on save 

"Account statement was requested " message will shown up

Go to Environment>Correspondence>Display             Press Enter

Click on save

Enter the output device  : lp01



What is correspondence 

Answer

It is nothing but different type of document to our customer and vendor. For eample, we can send account statement to the customer and vendor and dunning statement to the customer and vendor.




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