Goods Receipt / Inventory Receipt (GR/IR) clearing account
GR/IR is an interim account. In the legacy system of a client if the goods are received and the invoice...
SAP General
Offsetting Entry for Inventory Posting
Double click the Transaction Event Key    GBB Select your chart of accounts (CANA for this example) Select Rules button Verify Valuation...
Inventory Posting
Double click on Transaction Event Key        BSX Select your chart of accounts (INT in this example) Select Rules button Verify "Valuation...
Setup Payment Program in SAP Finance
From the IMG screen: Financial accounting è Accounts receivable and accounts payable è Business transactions è Outgoing payments è Automatic...
Display Account Balances (or Line Items)
From SAP Easy Access: Accounting è Financial accounting è General Ledger è Account è Display balances On this screen, enter...
Create Tolerance Groups for Account Posting, AR & AP
Freely definable group code for customers and vendors, or G/L accounts. Tolerance groups are unique within a company code. Each...
Document Types and Number Ranges
A Document type is specified at the Header level during transaction entry and serves many purposes. It defines the numbe...
Field Status Variant and Field status Groups
Field status groups are used to control the screen appearance for document posting. The achieved through general ledger account by...
Creating Chart of Accounts
Chart of Accounts is set of Accounts or Account Group. This chart of accounts, also known as an Alternate Chart...
Configuring Account Groups in SAP Finance(FI)
When we are creating GL accounts we must specify account group. The chart of account contains different types of a...
Retained Earnings Account
At the end of fiscal year the balance in the profit & loss account must be transferred to balance sheet...
Configure Currencies in SPRO
To Configure currencies the currency table must have entries for all currencies which occur in your business transactions. In the...
Overview of SAP Business Process Management
A well managed business process can standardize the business process across different countries of a global organization, bring visibility and...
Configure Countries in SPRO
You must configure countries with which your company has business relationships. You require the following information for each country: General...
Manual Testing or Automated Testing
Once it is clear that load testing is absolutely necessary for the project, the project will then have to decide...
Technical Challenges in Integrating SAP with .NET
SAP NetWeaver and SAP.NET Connector is an effort by SAP to address this shortcoming in its technical architecture. It enables...
Enable SAP RFID in Supply Chain Management
As part of the optimization effort, RFID technology, which enables the noncontact identification, control, and tracking of goods and items...
What is RFID? Components, Benefits & Pitfalls
What is RFID? RFID stands for Radio Frequency Identification. Today, RFID Tags are already used for a variety for dedicated...
6 Methods to Trace and Troubleshoot Problems in SAP System
SAP Trace analysis(ST05) is used to perform following traces. RFC Trace , Buffer Trace Available in ST01 and ST05, Enqueue...
14 Transactions to Monitor SAP Systems
Monitoring SAP system is a must to make sure that everything is running as perfectly as possible. Any of these...
OSMONITOR – ST06
OS Montior Fetches the data using service SAPOSCOL and it displays CPU Utilization, Memory Utilization and disk response time. The...
