After creating Company Code, the next thing we have to do is creating Chart of Accounts (COA).In SAP R/3 term, Chart of Accounts is a unique four alphanumeric code that represents the structure of group of General Ledger … Read More
Special GL transactions (G/L) is transactions that are not normal business transactions with your business partners. These are generally shown in different control ledgers and are not grouped with the normal transactions. They include bills of exchange, down payments, bank … Read More
Service Tax Legal Changes for Abatement
Reverse Charge Mechanism
Service Tax Abatement in SAP: This is new change came into picture after 2012 budget. The Reverse charge mechanism is effective from July 1st 2012.
Please go through the notification from … Read More
The method offer by SAP by execute SAP Inflation Accounting or Revaluation of Fixed assets consist in the calculation of the Fixed Asset trough INPC index or any other index defined.
This solution is developed to countries with a high … Read More
Menu: IMG -> Financial Accounting -> Financial Accounting Global Settings -> Document -> Line Item -> Controls -> Maintain Field Status Variants
You can define and edit field status variants and groups. You group several field status groups together … Read More
