Vendor account number ranges are defined at the client level, so the same vendor accounts number ranges can be extended by more than one company code in SAP S4 Hana. In this scenario, we are going to create number ranges for vendor accounts. To do this, define 2 characters key with the details of A number range interval with from
Read more →When you are creating a customer account in SAP, you must specify an account group for the customer account. Customer Account group determines The number range intervals for customer accounts It determines the type of number assignment, whether the number range interval is assigned internally or externally Type of Account It determines field status for creating customer master records, i.e.
Read more →You can define and maintain account groups for suppliers/vendors as per various requirements of an organization. When you are creating vendor accounts in the SAP S4 Hana system, you must specify vendor account groups for vendor accounts. The Vendor Account Groups determines The number range intervals for vendor accounts Type of number assignment, whether is number is assigned internally by
Read more →Define Business Partner Groupings in SAP S4HANA Standard SAP S4 Hana system delivery various BP grouping for After maintaining business partners number range intervals, the next step is defining BP groups and assigning number ranges. You can define groups and Assign business partner number ranges by using the following navigation method. SAP IMG Menu Path: SAP Customizing Implementation Guide ->
Read more →What is Currency Exchange Rates in SAP S4 Hana Currency exchange rates are used to translate from one currency to another currency and are defined on a regular basis. The exchange rates play an important role during posting and clearing documents as they are used to translate foreign amounts posted and cleared based on company code currency The exchange rate
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How to Define Translation Ratios for Currency Translation In SAP S/4Hana You can maintain translation ratios of currency translation for each currency pair and exchange rate type as per the requirements of an organization. For example, you specify that on 13/01/2021 the exchange rate for INR and USD is calculated as a 1:1 ratio, this translation ratio will apply during
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What are Global Parameters for Company Code Company Code Global Parameters controls how a company code behaves in the SAP S/4Hana system. In Global parameters settings, you can make various global specifications configurations for the company code. In the Global Parameters screen, you can check your company code settings and customizations. You can check and maintain company code settings
Read more →In SAP, the assignment of company code to fields status variant is an important configuration for managing the fields in the SAP Financial Accounting documents. The field status variant in SAP allows to define which fields are mandatory, required, optional and hidden during the document postings. So by assigning the company code field status variant, it ensure the all the
Read more →In this activity, you define field status variants and field status groups in the SAP S/4Hana system. How to Define Field Status Variants in SAP S/4 Hana You can define field status variants in SAP S/4 Hana using transaction code “OBC4” and IMG Menu Path. SAP IMG Path: SAP Customizing Implementation Guide > Financial Accounting > Financial Accounting Global Settings
Read more →After configuration of tolerance groups for employees, you can assign users to the tolerance groups for posting and clearing payment differences. How to Assign Users to Tolerance Groups in SAP S/4 Hana You can assign users to tolerance groups by using the following configuration steps SAP Transaction Code: OB57 SAP IMG Menu Path: SAP Customizing Implementation Guide > Financial Accounting
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