Everything that a cost center or profit center owes, owns or expects to pay in the near future is listed on the business's balance sheet. For a profit center, balance sheet items may include assets such as product inventory, cash, and buildings or facilities for doing business, while liabi...
SAP FICO Stands for FI (Financial Accounting) and CO (Controlling).It is an important module of ERP and both Finance and Controlling modules store the financial transaction data. The ‘FI (Financial Accounting)’ records, collects, and processes financial transactions or information on a real-time...
If we go by your MBA Finance education then learning SAP FICO should be good however I would say learning SAP FI would be good not CO. Once you have learnt SAP FI and your comforrable level is good then you can think about learning CO. As CO is purely related to Management Accounting...
When a user performs a transaction in SAP, there is a good chance that the transaction is creating a debit or credit against one of the GL Accounts. It is beyond the scope of a forum to explain the workings of General Ledger, and how SAP implements this functionality. Peop...
In SAP S/4HANA, the Universal Journal provides the basis for what is essentially an enterprise-wide pivot table. Let’s take a high-level look at why it’s needed and how it relates to the structures you know from SAP ERP. Reporting Dimensions ...
SAP S/4HANA Finance introduced to the financial world the tangibility of a single source of truth—that is, an aggregated total of all financial data across departments, ledgers, and even continents. This was enabled by SAP HANA’s ability to store large amounts of data in-memory and to ...
Different issuers, though, require different scores for their Visa cards. TheChase Sapphire Preferred® Card, a Visa Signature card, requires a good to excellent credit score, as does theChase Freedom Unlimited®. A good FICO credit score is in the 670 to 739 range. ...
SAP-Concur integration is something many customers and even more would-be customers in Europe have been waiting for. The old Dell Boomi based Financial Connector between Concur and SAP has never convinced anybody I talked to, but help is nigh! The new integration package, hoped to be available...
SAP Financial Accounting (SAP FI) - An Overview SAP FI (SAP Financi... by Ragavendiran Kulothungan Shakila August 20, 2020 Posted inSAP Related Blogs What is SAP ABAP on HANA? Ever heard the term ABAP but not sure what it refers to or what it rea... ...
In other words, the identification of the bank branch is the bank key, each bank key represents a particular bank branch. The bank key is country-specific for each country there is a different bank key. How to Create Bank Key in SAP?