Special General Ledger

Step by Step Asset Accounting Configuration

Asset Accounting is an important module in SAP and manages assets of an organisation by master records. Asset accounting is a sub ledger to the SAP FI module for managing the Asset records.

Asset Accounting Step by Step configuration

Read More
SAP Closing Procedures

What is Closing Procedures in SAP FI (Financial Accounting)?

SAP Modules has its own period-end and year-end closing procedures. FI (Financial Accounting) is one such module, which lets the user keep more than one period open at the same time. FI is an on-line system that continuously and completely … Read More

SAP Transport Management System

SAP Transport Management System (STMS) concept

You can organize, perform, and monitor transports between your SAP Systems using the SAP Transport Management System (STMS). User actions at the operating system level are no longer necessary, since all the necessary information and functions are mapped in the
Read More
SAP Schedule Line Categories

What is Schedule Line Categories and Schedule Agreements in SAP?

SAP Schedule Line Categories, Every time SAP System can copy the those listed items of sales document which will have schedule line. The normal scenario Schedule lines contain all the delivery related information which include delivery dates, quantities and … Read More

Multi Resource Scheduling

SAP SD: Scheduling Agreement Vs Contract

The scheduling agreement contains details of a delivery schedule but a contract just contains quantity and price information and no details of specific delivery dates

scheduling agreement

What’s the condition for us to choose schedule line or order? 

Both of … Read More

Transfer Order

How to Create New Movement Types in SAP MM Step by Step Configuration

How to create movement types? What are the steps involved?

When will you recommend a new movement type?

Companies may request a new movement types to differentiate between the inventory posting transaction.  For example, 551 scrap movement type.  Some company … Read More

consignment Sales

Consignment Sales Process in SAP SD – Step by Step Process

Consignment Sales Process in SAP SD

Consignment fill-up (send materials to customer consignment).

Here you have a consignment fillup order and a consignment fillup delivery. Consignment issue (issue materials from customer consignment to the customer).

Here you have a consignment … Read More