Planned Delivery Costs and Un-Planned Delivery Costs
Planned delivery costs are entered at the time of Purchase order. At goods receipt, a provision is posted to the...
Finance (FI)
FICO Configuration
SAP FICO Configuration Manual (Download Here) on Financial Accounting, Asset Accounting, Controlling and Profit Center Accounting. Financial Accounting Configuration on:...
Taxes
SAP allows the consideration of following taxes: Tax on sales and purchases US sales tax Additional taxes Withholding tax SAP...
Configure The Automatic Payment Program
Steps for configuring the automatic payment program: First, Set up the following: Co. code for Payment transaction. Define sending and...
Account Group and Field Status Group in SAP Customizing
An Account group controls the data that needs to be entered at the time of the creation of a master...
Document Change Rule and Change Control
What is the Document Change Rule? The functionality Document Change Rules configured in the system maintains the information relating to...
Posting Periods in SAP Finance
Postings in SAP are controlled by the ‘opening’ or ‘closing’ of posting periods. Normally, the current posting period is open...
Difference between Cost Element, Cost Center & Profit Center
Cost Element A component of Controlling (CO) that collects and summarizes postings that arise within controlling in a reconciliation ledger....
