Step 1:– Enter sap transaction code “KCH1” in the SAP command field and click on execute. Step 2: – Now enterSAP controlling areafor configuration of standard hierarchy. Step 3: – On create profit center group initial screen, enter profit center group key of standard hierarchy for cont...
Note:Once data is posted to the cost center we cannot change the categories. SAP IMG Path for Cost Center Categories Please follow the following SAP IMG path to define Cost Center Categories in SAP: Controlling > Cost Center Accounting > Master Data > Cost centers > Define cost center categor...
The MRP Controller in SAP, Material Requirements Planning Controller, is a mandatory field in Material Master...
A zero-balance clearing account is a balance sheet account that is maintained for posting additional clearing entries in the event of the documents are not balanced with the respect to different dimensions used for your reporting such as profit centre, business area, etc. How to Define Zero Bala...
Profit Center WBS Element Business Area Note When you choose a differentiation criterion here, make sure that it is also an additional differentiation criterion for the exposure positions in Exposure Management 2.0 and that the field is also filled in the financial transaction data of the hedging in...
SAP users have to define the document types at the client level. The standard system produces several document types that you can utilize or modify as per requirement. By customizing the default document type in SAP against each transaction type, SAP users can release the user from keying each...
This SAP FICO tutorial explains to SAP users the step-by-step process to define a new Group Ledger in the SAP system with proper screenshots at every step.
In SAP there are several ways of handling prices. The first one is a simple or basic way of pricing is Price List. In SAP Price List Types is used to create the price list of the product. The price list is required to view the list of the price of the fr
This SAP FICO (Financial Accounting) tutorial, explains to the Stechies users the step-by-step procedure to Document Types for Enjoy Transaction in the SAP system with the proper screenshots.
In this SAP FICO tutorial, we will learn the step-by-step procedure to create a Contract Type in the SAP Real Estate Management system with proper screenshots.