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...
SAP Managed Tags: FIN (Finance) FIN (Finance) Software Product Function View products (1) Dear all, Please can clarify my dough. What is the WRICEF when we use it in FICO Module and how we use Thanks & Regards, Raja Know the answer? Help others by sharing your knowledge. Answer Ne...
Based on the (FI) transactions you use in the system, it gives an advice which business functions in an enhancement package should be activated. See http://www.sap.com/solutions/business-suite/erp/enhancement_packages/business-function-prediction.ep... and http://service.sap.com/erp-ehp rega...
Disadvantages of using SAP: High costs:Generally, SAP is not for individual workers sincethe software is expensive. Thus, in most cases, companies and business firms use this to accomplish business processes. Complex Suite:SAP iscomplex and has difficult implementation. Thus, it also involves addit...
accounting entries in SAP S/4HANA. The familiar tables BKPF (journal entry header) and BSEG (journal entry line item) from the SAP ERP world continue to exist in the context of SAP S/4HANA. Table BSEG is still relevant for specific operational finance processes, including open item ...
3. Release for Payment with Accounts Payable in SAP There may be situations when you want to release a payment that had been blocked earlier. Once released you can then pay for that line item. For this, you need to configure the workflow with the document types for payment release. This ...
Apart from normal GL accounts, we need one or more Data Migration GL Accounts, which must have a ZERO balance after the data migration. It’s a key check for accurate data migration in FICO. The data migration GL Accounts must have line item display and Open Item management ON in their ...
Nonetheless, as a general guideline, a good credit utilization ratio is typically considered to be 30% or lower. Does Credit Utilization Impact Your Credit Score? Yes, your credit utilization ratio does impact your credit score. It is a significant factor incredit scoring modelslike FICO and Va...
Company code: –Enter 4 digits alphanumeric code that identifies company in SAP Company name:– Update the name of the company City: –Enter the name of city in which the company is located.spaceman slot Country: –Enter the name of country. Press F4 for possible entries and you can sele...