Clik here to view.
Change Reconciliation account during FI posting (Without using SGL indicator)
Hello All, I was facing an issue regarding the necessity to edit the reconciliation account derived from the customer/vendor data without using a SGL indicator. Many SCN discussion confirm that it’s...
View ArticleClik here to view.
WHT – Transfer amounts from Brazilian NF to FI accounting
Introduction The withholding tax for vendor and customer should follow the Nota Fiscal items to have the AP/AR line item deducted. The Brazilian Nota Fiscal is posted automatically by MIRO transaction...
View ArticleClik here to view.
Simple Example for understanding Realized Forex Gain/Loss
In this document, I have tried to present an example to understand Realized Foreign Exchange Gain/Loss and related postings in SAP in simple terms. Please note that Forex Revaluation which is a Month...
View ArticleClik here to view.
Foreign Currency Valuation Simplified
Please note that the document shows Classical G/L screenshots, but, the concept of Forex calculation is still the same. When we use the Foreign Currency Valuation Run in the month end close process,...
View ArticleClik here to view.
Creation of Translation Sets and Assignment of Sets to Translation Methods
IntroductionTranslation process in SAP converts amount posted in Local Currency (also known as Company Code Currency) into Group Currency for the purpose of Group Reporting. Translation Sets contain...
View ArticleClik here to view.
20 FICO Tips - Series 1
Hello Everyone, In this series, I would like to present a bunch of quick 20 Tips related to FI/CO/AA that may come handy to you. I cant claim you will find all of them to be new, but there will be...
View ArticleClik here to view.
OpenText VIM: Configuring ArchiveLink
Prerequisite: A working knowledge in OpenText VIM Introduction: A document in VIM (DP document) can be created using one of the following ways:OCR: Invoices are scanned and read using OCR. The values...
View ArticleClik here to view.
OpenText VIM: Roles creation
Roles in VIM is different from SAP workflow roles. Role in VIM is used to classify the users based on the business activity they are involved in. In VIM roles are based on the product code. VIM offers...
View ArticleClik here to view.
OpenText VIM: Rollout Criteria and Event Linkages
In this document, we are going to discuss Rollout Criteria that will trigger parking (for PO and Non-PO) and blocking (for PO) of documents and setting up of Event Linkages for them. Rollout Criteria :...
View ArticleClik here to view.
Tips & tricks: Hidden "OK Value code" to use for FI documents in the command...
" Sorry I couldn't add screen shots to the post " Hello All, We all know the use of the command field you see in the upper right of the SAP screen: here is where you enter transaction codes!.As the...
View Article20 FICO Tips - Series 2
Hello Community The 2nd set of 20 FICO Tips in this series is right here. For those who missed the 1st series, here is the link. 20 FICO Tips - Series 1 Special thanks to Aleksey Tkachenko for...
View ArticleClik here to view.
Group Asset creation & Dep under Indian Income Tax Act 1961
SummaryWhile there are many documents over the internet that guides us to configure the asset accounting starting from maintaining the chart of depreciation to passing asset transactions. However for...
View ArticleKrishi kalyan Cess configuration
With the encasement of the Finance Bill 2016, Krishi Kalyan Cess @0.5% will be levied on all taxable services. So from 1st june 2016 effective service tax rate will be 15%. The tax break up will be:...
View ArticleClik here to view.
KKC configuration in withholding tax
In continuation to my last document Krishi kalyan Cess configuration ,I want to share configuration of KKC in withholding tax for partial service tax under reverse charge mechanism. 1. Create a...
View ArticleClik here to view.
Break up of TDS information after create Remittance Challan
Some times after creating a remittance challan, the system wont show the TDS related information. In that case if we do the below configuration settings, we will get the information. Here I brief about...
View ArticleClik here to view.
20 FICO Tips - Series 3
Hello Community The 3rd set of 20 FICO Tips in this series is right here. For those who missed the initial two series, here are the links.20 FICO Tips - Series 120 FICO Tips - Series 2Sr. No.Knowledge...
View ArticleClik here to view.
Account ID Field in F-58
After Implementing the note 2035657, Account ID Field in transaction screen will be available as an input field . If the user wanted to select the value from this filed we have to ensure the the table...
View ArticleClik here to view.
Dynamically Overlaying Standard Summarization Rules in FI through Customization
OBCY: FI Summarization rules, for Ref transactions, the Table-field combination drives the summarization rules in accounting document posting. These rules apply to all company codes or org data in the...
View ArticleClik here to view.
Free Selection screen TIP for open items selection (f-32, f-28, f-44, F150)
Hello Friends,I recently encountered one issue related to open items selection -- free selections screens provided by SAP standard programs like f-32, f-28, f-44, f110 and f150. I found an interesting...
View ArticleClik here to view.
Automatic Payment Program use in General, Installment and Multiple Partial...
Hi Folks,This document will be helpful to one who is new to SAP FICO like me and want to do hands on Automatic Payment Program(APP) tcode F110.3 concept are covered in this doc which are as below...
View Article