Prerequisites to assign company code Field Status Variants in SAP Define company code in SAP Define Field Status Variant in SAP Assign company code to field status variants in SAP In this SAP Tutorial, you will learn how to Assign company code to field status variants in SAP step by step. Scenarios You can assign company code to field status
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This SAP Tutorial Guides you on How to Assign Company Code to the Fiscal Year Variant in SAP. A single Fiscal Year Variant can be assigned for multiple company codes. The link between Fiscal Year Variant and Company Code is established through assigning Company Code to Fiscal Year Variant. Important points to be remembered All the fiscal year variants are
Read more →Posting Period Variants in SAP The Posting Period Variants ( PPV ) in SAP are used to control which accounting period is to be open & close for postings and to ensure that the closed periods remain balanced and reconciled. We can assign posting period variants to one or more company codes. Important Points – Posting Period Variants Scenarios Posting Periods
Read more →SAP Finance Configuration Steps SAP Finance configuration step by step:- Sub Modules of SAP FI:- Important Modules of SAP Financial Accounting are General Ledger Accounts Payable Accounts Receivable Asset Accounting Bank Accounting Enterprise SAP Finance Configuration:- Below are the steps of Enterprise SAP Finance configurations Step 1:- Define Company T Code:- OX15 Menu Path :- SPRO –> IMG –> Enterprise Structure
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The following SAP Tutorials guide you on how to create a chart of accounts in SAP step by step. Let’s discuss chart of accounts and types of chart of accounts in SAP. Definition of Chart of Accounts:- The chart of accounts in SAP ( COA ) is a list of GL accounts master records that are used by the organization. The
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Fiscal Year Variant in sap Definition Fiscal year:- A fiscal year is divided into a number of posting periods, and each posting period in an accounting period is defined by a start date and end date The fiscal year in SAP can be defined as year-dependent or Year Independent Year independent – Same number and dates for the periods every
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Accounting Entries in SAP FICO Complete SAP FICO accounting entries at the different transaction levels. Refer to below for the complete process flow of debit and credit entries at different transactions. It is recommended to refer to and learn the accounting entries at different transactions process. Goods Receipt Accounting Entries ( MIGO ) GRIN Goods Receipt SAP Accounting Entries Particulars
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SAP Bank Accounting Bank Accounting :- Bank account is an important module in SAP fi which is used to handle accounting transactions that you process with your bank. Bank Accounting includes the management of organisation Bank Master data and processing of incoming and outgoing payments. Bank Accounting Configuration Steps :- Step 1 :- Define House Banks Step 2 :- Create Bank Key Step
Read more →Electronic Bank Statement Configuration in SAP The following SAP training tutorials guide how to define SAP Electronic Bank Statement (SAP EBS) in SAP FICO step by step. The Global settings for Electronic Bank statements are as follows. Creation of Accounts Symbols Assign Accounts to Accounts symbols Create Keys for Posting Rules Define Posting Rules Create Transaction Type Assign External Transaction
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SAP Asset Accounting Tutorials Asset Accounting Overview:- Asset Accounting is an important module in SAP that manages the assets of an organization by master records. Asset accounting is a sub-ledger to the SAP FI module for managing the Asset records. Refer below step by step procedure how to configure Asset Accounting in SAP SAP Asset Accounting Configuration Steps:- Step 1:-
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