Solved: Hi Experts Could you please share what is the latest version of SAP FICO. Currently we are using ECC 6.0. if any new version came ..if yes ...what are the major
SAP ERP Central Component (SAP ECC) is an on-premise enterprise resource planning (ERP) system -- commonly referred to as simply "SAP ERP." SAP FICOaids ECC in financial accounting and controllingfunctions. SAP FICO consists of two sections, SAP Finance (FI) and SAP Controlling (CO). Each...
This allows the company to provide reports for the entire corporate group. However, the assignment of group chart of accounts to company code is optional. Was this answer useful? Yes Replysantosh Feb 20th, 2007 in sap fico we have three types of chartof accounts> group chart of accoun...
Hello, I'm thinking to learn SAP FI/CO, but I don't have accounting knowledge and also my education background is computer science. To get basic knowledge of Accounting,
SAPis a popularEnterprise Resource Planning (ERP)system used for various business applications. ERP software is recognized for its role in managing companies effectively. The nameSAPrefers to the company headquartered inWaldorf, Germany,known for creating solutions such asEnterprise Resource Planning (ERP...
Real time integration is nothing but the data posting to all the affected areas instantly when an activity is performed. For E.g. When you do a FI-SD integration, when a PGI is posted, the following entry is affected : 1. Cost of Goods Sold Dr 100 To Inventory Account Cr 100 ...
Closing old credit accounts: Another mistake to avoid is closing old credit accounts. While it may be tempting to close unused accounts, doing so can harm your credit utilization ratio. Closing an account reduces your total available credit, which in turn increases your overall credit utilization ...
Company code is an independent organizational unit which is registered under companies act 1956. Under company code you can generate individual financial statements like profit & loss account and balance sheets. The definition of company code in SAP is mandatory. ...
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What is Company Code in SAP About Company Code:–Company Codein SAP is the smallestorganizational unitof Financial Accounting for which you draw individual financial statements like Balance Sheet and Profit & Loss Account for purpose of external reporting. TheCreation of company code in sapis mandat...