Hold Document is one of the required and regular functionality while processing the day to day operations. It will help to temporarily suspend the work without losing the data which already entered. The requisite condition is assigning the temporary number … Read More
SAP Down Payment Process an Overview
/0 Comments/in FI (Financial Accounting), SAP Tips & Tricks /by YasoSAP Down payment are treated as special general ledger transactions in sap. The down payment transactions will be stored in the vendor account with special general ledger indicator. The corresponding entry will be posted in alternative reconciliation account number.
For … Read More
What is General Ledger Planning in SAP?
/0 Comments/in SAP Tips & Tricks /by YasoGeneral Ledger Planning can be done for general ledger wise in financial accounting exclusively. For that purpose we have to define the plan periods for the variant.
Path: spro> ref.img> financial accounting> general ledger accounting> general ledger accounts> business … Read More
What is Variant Principle in SAP?
/0 Comments/in FI (Financial Accounting), SAP Training Tutorials /by YasoThe variant principle there is 3 variants. They are 1.fiscal year variant 2.posting period variant3.feild status variant. The first customization is fiscal year variant. The variants defined under variant principle are at client level.
What is Fiscal Year Variant:… Read More
Product Costing in SAP Overview
/0 Comments/in FI (Financial Accounting), SAP Overview /by YasoProduct costing is one of the important tools in SAP environment. It explains how to determine the cost of product or a unit. Product Costing is used to know the unit cost of the goods manufactured or sold. It helps … Read More
What is Audit Information System (AIS) in SAP?
/0 Comments/in How-to Topics, SAP Overview /by YasoAudit Information System (AIS) is a native SAP tool to assist in auditing both technical and business controls in SAP system. In versions SAP R/3 4.6c and earlier, AIS could be accessed using transaction SECR. This is the basic concept … Read More
What is Hold Document and Parking Document in SAP?
/0 Comments/in SAP Overview, SAP Training Tutorials /by YasoHold Document is one of the required and regular functionality while processing the day to day operations. It will help to temporarily suspend the work without losing the data which already entered. The requisite condition is assigning the temporary number … Read More
What is Clearing Functions in SAP?
/0 Comments/in FI (Financial Accounting), How-to Topics /by YasoThis Clearing functions are used to clear the outstanding entries in the general ledger accounts. Example: outstanding amounts in expenses payable and income receivable accounts. To clear the amounts we can do three types of clearing functions.
1. … Read More