Profit Center A profit center is a part of a business that generates revenue while also taking on its own costs, making it possible to calculate the department's profit as a self-contained unit. Profit centers may include a general or specific field in which a business operates or a specifi...
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...
It captures line-item details in a first layer, which we refer to as table ACDOCA. The Universal Journal is structured along the typical business dimensions, likecompany code, profit center and other organizational dimensions, customer, product, and so on. This is the place to retrieve all the...
SAP S/4HANA FinanceSAP S/4HANA Finance is SAP’s flagship financials solution and successor to SAP ERP Financials. First released in 2014, it boasts many process improvements for the financials world, including the introduction of a single source of financial truth, real-time financial close, ...
Solved: Hello SAP Gurus what is GL account and how it is used and can you plz give me an example of GL account how it is used in company. 2. when we create a company
SAP Controlling (SAP CO) - An Overview The SAP Controlling module is part of SAP Finance in the ERP system (Enterprise Resource Planning). While
In this tutorial, you will learn how to create and delete bank keys in SAP. A bank key is a key that uniquely identifies your bank in a specific country. It is the detailed address information about the bank account with the account number.
Profit Center Accounting: In case New GL and Document splitting is ON, we need to assign Profit Center in all of the GL, AP, AR and Asset Balances. No separate PCA transactional data upload may be needed. Data Migration in SAP is a big subject, I understand it can’t be covered in ...