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.
Profitability Analysis (CO-PA) enables you to evaluate market segments, which can be classified according to products, customers, orders or any combination of these, or strategic business units, such as sales organizations or business areas, with respect to your company’s profit … Read More
Extended Withholding tax : You can take the help of following for customising Extended Withholding tax.
You must make various settings in Customizing and the master data of the business partners concerned in each of the company codes. Please … Read More
Recurring entries in the system are only a reference Document and has no Accounting impact. Only when the recurring Document is executed by Transaction code F.14, that Accounting entries are posted. Each Recurring entry has a start run date and … Read More
Foreign currency valuation is to be done for preparing the financial statements at a key date. Documents posted in foreign currencies have to be converted to company code currency for preparing the company financial statements. Your company financial statement can … Read More
In order to view all of the different types of asset activity for an asset, or a large number of assets (by company code or class), the asset history sheet allows you to uniquely map any particular transaction … Read More
IMG ⇒Controlling ⇒ General Controlling ⇒ Organization ⇒ Maintain Number Ranges for Controlling Document
T-Code : KANK
The following screen appears,
Assign “Company Code” in Co Area … Read More
You must always enter similar transactions and only different in one or two field of date,invoice number, amount, currency or description. You can create account assignment templates to save input time and avoid input errors.
Data from account assignment template … Read More