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
Read more →General Ledger Transaction Codes in SAP Important list of SAP General Ledger transaction codes that are used in day-to-day activities. Refer below for SAP transaction codes of G/L that every consultant and end-user use in the SAP system. T- Code Description FB50 Enter GL Account Document FB50L Enter G/L Account Document for Ledger
Read more →SAP FICO Transaction Codes Here is a complete list of important SAP FICO Transaction Codes that are used in customizing and implementation of SAP Financial Accounting and Controlling module. Description Transaction Code Define Company OX15 Define Company Code OX02 Assign Company Code to Company OX16 Define Business Area OX03 Define Credit Control Area OB45 Define Fiscal year OB29 Assign Company Code to
Read more →SAP FI Configuration List 1. Define Company – OX15 SAP Menu Path :– SPRO –> IMG –> Enterprise Structure –> Definition –> Financial Accounting –> Define Company 2. Define Company Code – OX02 SAP Menu Path :- SPRO –> IMG –> Enterprise Structure –> Definition –> Financial Accounting –> Edit, Copy, Delete, Check Company Code 3. Assign Company Code to Company – OX16 Sap
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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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SAP Accounts Receivable This tutorial guides you about the configuration settings of Accounts Receivable in SAP FICO step by step. SAP FICO Accounts Receivable Configuration Steps Step 1:- Creation of Customer Account Group Step 2:- Create Number Ranges for Customer Accounts Step 3:- Assign Number range to Customer Accounts groups Step 4:- Define tolerance group for Customer Step 5:- Creation
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Accounts payable with complete configuration steps in SAP Accounts Payable is a Subsidiary Ledger account, and it records and manages accounting data for all vendors. When postings are made in Accounts Payable simultaneously recorded in the General ledger account. SAP Accounts Payable tutorials to learn Accounts Payable submodule in SAP FICO step by step from basics to advanced concepts with
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Financial Accounting Configuration in SAP Enterprise Structure Configuration Settings Enterprise Structure:- The SAP Financial Accounting enterprise structure is an organizational structure that represents an enterprise structure in SAP. Enterprise Structure is the key building block to the entire organization. Below are the Steps of Enterprise Structure Settings and configuration Define Company Define Company Code Assign Company Code to Company Define Business Area Define Functional
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