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
To Create Statistical key figures relating to cost centers, profit centers, and overhead cost orders. statistical key figures may also be a value representing the services provided by one particular cost center.
Statistical key figures are represents activities or statistics … Read More
Every one ant to know How to Create Cost Center in SAP?. The answer Cost Centre are used to track where cost occur in the organization. As costs are incurred, they are assigned or posted to the appropriate cost center. … Read More
Down payment means advance paid to Vendor. These advances may be paid to Vendors for
Purchase of goods from Vendor
Taking services from Vendor
Advance to Employees
Payment to statutory Authorities
Payment of security Deposit
Advance payment to employees as … Read More
Clearing in SAP refers to squaring-off open debit entries with that of open credit entries. Clearing is allowed in GL accounts maintained on an ‘open item’ basis and in all customer/vendor accounts. The clearing can either be manual or automatic. … Read More
SAP workflow, as the name suggests, means ‘FLOW OF WORK’ from one person to another person. It is, in fact, a sequence of connected activities, resulting in exchange of information.