SAP is the leading Enterprise Information and Management Package worldwide. Use of this package makes it possible to track and manage, in real-time, sales, production, finance accounting and human resources in an enterprise. The SAP Tutorials can discuss some of basic tutorial on SAP HR, SAP ABAP, SAP FI, SAP CO, SAP SD, SAP Basis, SAP MM, SAP PP, SAP QM, SAP BI/BW, SAP HANA, SAP Payroll, SAP CRM Module.
SAP transaction MB5L (List of Stock Values: Balances) is classified in the Materials Management module under application component Inventory Management and runs Application development R/3 inventory management program RM07MBST upon execution.
Procedure … Read More
While posting SAP customer invoice (FB70) why system asks for G/L account?
As per double entry book keeping rule:
customer is debited
Customer reconciliation a/c is credited
Why one more G/L account on top of Recon a/c, which is posted … Read More
In SAP FI module, when checking for duplicated invoices, the SAP system compares the following:
SAP OSS Note 305201 clarify this in a more … Read More
First the program identifies the items on which Interest calculation is to be calculated according to the rules defined in the interest indicator, and any additional specifications you make when executing the program. The rules you enter determine the items … Read More
The Alternative Payee in SAP can make payment to a vendor other than the one to which the invoice was posted. The payment is made to an alternative payee, which must be specified in the master record.
You can specify … Read More
Cash Discount is a reduction in the price of an item for sale, allowed in those cases when payment is made within a stipulated period. In a business scenario, the cash discount will … Read More
SAP Activity types are activities provided by a cost center. They are measured in units of time or quantity. Activity quantities are valued using a price. For e.g. Activity types are used to allocate machine cost from Machine cost center … Read More