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. Pe...
in sap fico we have three types of chartof accounts> group chart of accounts> country specific chart of accounts > operative chart of accountsgroup chart of accountsthe purpose of GCOA is to consolidate all the company codes balance sheet into one. the main purpose of this one is to extern...
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense. Achart of accountslists all of the ...
the SAP system just follows the accounting rules to do the inventory cost postings. The logic itself of moving average price or standard price is mainly the SAP standard function. Meanwhile, the system still needs some basic MM-FI integration configurations for GL accounts. ...
An 8-digit GTIN, also known as GTIN-8, is a unique product identifier used for small-sized products. Primarily used outside of North America, it is intended for point-of-sale items. 12-Digit Numbers Commonly known as UPC (Universal Product Code), a 12-digit GTIN is widely used in Nor...
Accounts receivable (AR) is an item in thegeneral ledger (GL)that shows money owed to a business by customers who have purchased goods or services on credit. AR is the opposite of Accounts payable, which are the bills a company needs to pay for the goods and services it buys from a ve...
You may have come across the latest blog post by Pierre Col titled " What's in SAP Build for our Partners? Insights from AGILITA. " Pierre and AGILITA have
General Ledger (FI-GL) Accounts Receivable (FI-AR) Accounts Payable (FI-AP) Asset Accounting(FI-AA) Expand New Tab Important Concepts of SAP FI Chart of Accounts: –Minimum onechart of accountsto be defined in SAP system. Each G/L is configured according to the chart of accounts. The ...
Tick the Post. Bank Acct checkbox if the Bank is from Germany or Switzerland Click theSaveicon or pressCntrl+S. A newBank Keyis created. How to Delete Bank Key? Please follow the step below to delete the bank key: Enter the t-codeFIO6in theSAP Command Fieldand pressEnter ...
An event is also raised when API API_PLND_I NDEP_RQMT_ SRV or RAP business ob- ject I_PlndInde pRqmtTP are used to change or create PIRs. More infor- mation on SAP Business Accelerator Hub Side-by-side extensibility OData V4 API FI-GL-GL- POA (Pur- chase Order Accruals) API_...