Month End Closing Activities in Finance : Closing the Books In financial Accounting
Closing operations recur periodically and can be subdivided as follows
The closing operations component supports the … Read More
1. Path : Accounting -> Financial Accounting -> Accounts Payable -> Environment -> Current Settings -> Enter Exchange Rates
2. Below pop-up box will be appeared.… 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
Extended Withholding Tax: SAP system provides two procedures for processing withholding tax; the “Standard” and the “Extended” withholding tax. We’ll walk you through on the basic configuration steps of the latter procedure.
1. First, Check … Read More
IMG⇒ Controlling⇒ Cost Element Accounting⇒Reconciliation ledger⇒Activate/Deactivate Reconciliation Ledger
Double Click on “Activate Reconciliation Ledger”
T-Code: KALA
Press “Enter”
For “Deactivate Reconciliation … Read More
Exchange Rate configuration: R/3 all Forex Rates updated using the TCode: OB08. This is required for passing Forex Transactions, Forex Valuation and Forex Translation.In general to update Forex Rates in TCode: OB08, a background job with a Customized program is … Read More
SAP recommends that you used EC01 to copy an existing sap company code to a new one. This has the advantage that you also copy the existing company code-specific parameters. If necessary, you can then change certain data in the … Read More