SAP is an ERP package, which is used in many companies worldwide.The full form for SAP is System Application Products in Data Processing. The product is German in origin. we can see the SAP Overview of major sap modules include financial accounting-FI,Production planning-PP,Sales and Distribution-SD,Controlling (costing)-CO,Materials management (MM) and Human Resources (HR).
The full form of ERP is Enterprise Resources Planning. Previously companies used to do MRP i.e. Material Resource Planning. ERP is the up gradation of the same. The need for ERP arose due to lack of proper / common database available for all the functions in an organization.
SAP Multi Resource Scheduling is one of the critical area of SAP where hardly any consultant available. In this post I have tried to explain end to end step for implementation of SAP Multi Resource Scheduling MRS and also guide … Read More
SAP Functional Location are elements of a technical structure (for example, functional units within a system). The business object functional location is an organizational unit within Logistics options, that structures maintenance objects for a company according to functional, process-related or … Read More
In one of our development, we had to update Purchasing Group of vendor using BDC calling transaction MK02. We came across a strange issue, i.e., the change document header (CDHDR) and change document item (CDPOS) tables were wrongly updated … Read More
SAP Project Systems are generally part of the internal processes of a individual company. This will be able to control all tasks in project execution, AS this case you need an organizational form that is specific to the project and … Read More
SAP transaction Tcode VF03 (Display Billing Document) is classified in the module Sales and Distribution (SD) under application component Billing and runs Application development R/3 invoice program SAPMV60A upon execution.
1.Go to SAP Tcode VF03 … Read More
Inter Company Billing – Automatic posting to vendor account is done by EDI. In our case where both companies are processed in the same system (& client), it is sufficient to create Idoc.
Transaction OBY6
Effect of clearing in Local currency : Purchase USD 1000 at 1 USD = 2 SGD.
The accounting entry in Local Currency is
Purchase account Dr 2000
Vendor account CR 2000
Paid … Read More