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Configuration of bill of exchange Adobeforms in SPRO
Type of Object – EnhancementDescription – Configuration of bill of exchange Adobeforms in SPROProcess – FI Document PurposeUnder the check/bill of exchange procedure, the customer and not the vendor...
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NewGL Planning with Profit Center Combination
Planning function in General Ledger Accounting is use to have forecast values for Profit & Loss GL Account & Balance Sheet Accounts. Planning can be done with combination of Profit Centers...
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How to set Shortened Fiscal Year Variant
Dear AllHere I am going to create shortened fiscal year variant in SAP. The period from which the financial records are maintained is called Fiscal Year and it is divided into posting period and each...
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Sort Key Functionalities
Contents of the Document: This document is an attempt at analyzing the functionality of sort key in SAP. This document provides a framework for understanding: What is a Sort KeyWhat is the...
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Duplicate Invoice Check - Part 1
Introduction: When I was sent on my first assignment on starting out my career as an apprentice with an Auditing firm, the first instruction that was handed out was to cross check all the Invoices with...
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Duplicate Invoice Check - Part 2
Introduction: As discussed in the document - Duplicate Invoice Check - Part 1 (http://scn.sap.com/docs/DOC-35459), the duplicate invoice check is performed on the basis of a combination of...
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Tolerance Limit - Customer or Vendor Payment Differences
What is Tolerance? Minor differences between the Invoice amount and the amount received from the customers/amount paid to the vendors are a very common occurrence. In such scenario, the following...
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Tolerance Limit - Cash Discount Adjustments
This article is in continuation of the matter discussed in the SCN document - Tolerance Limit - Customer or Vendor Payment Differences(http://scn.sap.com/docs/DOC-36324) Objective of the Article: This...
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GL Planning/Budgeting
Purpose In this Document we will capture GL Planning/ Budgeting Process, Scenarios and requirement of an Organization. This component is used to handle GL accounting transactions that you can Prepare...
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Restricting/Unrestricting Fields for Substitutions and Validations
Restricting/Unrestricting Fields for Substitutions and ValidationsNoteThis document explains the situations for FI Substitutions/Validations exclusively. The situations may or may not apply for...
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Cross-Company/Inter-company transactions
Cross-Company/Inter-company transactions Several company codes are involved in a cross-company code transaction. In a cross-company code transaction, the system posts a separate document with its own...
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How to create custom accrual methods in SAP
Accrual methods are normal function modules which define the logic to calculate the accruals; it can be linearly, degressively etc. SAP provides standard function modules which can be used as accrual...
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How to Create a Company in SAP FICO
Enter Transaction code SPRO ( sap project reference object ) in the command field.In the next screen Select SAP reference IMG( Implementation Guide )In next screen Display IMG follow the menu pathSAP...
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Manual Bank Reconciliation Statement Process
IntroductionBank reconciliation is a process whereby you are matching your accounting records with the bank record. At a particular point in time, your accounting record may or may not match the bank...
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Adding new currency (ISO)
A few simple step to add new currency (ISO) code to your system. The first you need to do is to go to SPRO >> General Settings >> Currencies >> Check Currency Codes This is where the...
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FI - FD15/FD16 - Copy Customer Master data cross client
1. 1. OVERVIEW: The transaction FD15 is used to transfer customer master data maintained in a source company code to other target company codes. Due to run time considerations there is a...
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How to customize Credit Control Area
1 Basis Customizing1.1 Define and assign Credit Control AreaSPRO--> Enterprise Structure--> Definition--> Financial Accounting--> Define Credit Control Area Double click on the...
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Best use of Transaction and Screen Variants in FICO
Introduction:Whenever you use a transaction in the SAP system to process specific business transactions, it often makes sense to adjust processing flow to mirror these business activities. This can be...
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Cashbook - Minimum Balance
Business Scenario As we know, the Cash journal is an online cash book in SAP system. It allows you to post cash documents viz. Receipts, Payments, etc. After the posting of that journal it calculates...
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Implementation of ACH IAT payment method in SAP ECC 6.0
Any company in international business today must deal in international transactions. Until a few years ago, overseas payments originating out of the US were sent via wire transfers or checks. Automated...
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