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
SAP transaction Tcode VF03 (Display Billing Document) is classified in the module Sales and Distribution (SD) under application component Billing and runs Application development R/3 invoice program SAPMV60A upon execution.
1.Go to SAP Tcode VF03 … Read More
Accounts Payable
AR & AP are sub ledgers of GL for managing customer & vendor balances. Most of AR comes from SD modules & AP data from MM module.
Define Acct group with screen layout (Vendors)
Tcode: OBD3
Explanation:
When … Read More
Invoice Generation
Invoices will be generated at the Smelters and stock points. The accounting entries for the sale of goods dispatch will flow from the Sales invoice generated in SAP Sales and Distribution module.
The following entries shall be passed… Read More
The Scenario –