FICO (Financial Accounting and Controlling) Tutorial
Accounting Entries
1.1 All the Inventory transactions will look for the valuation class and the corresponding G.L. Accounts and post the values in the G.L accounts.For E ...
General setting for SAP system, Date Time, Currency and Number format
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General setting for your SAP system, Date Time, Currency and Number format You can do the general setting for currency, date time, number format ...
SAP FICO Career, Scope and become Certified Consultant
Scope and Opportunity of a Career in SAP FICO In depth knowledge of essential ERP Systems is a must for those wanting to get their hands on the imp ...
SAP FICO Training Material with Screen Shots
This tutorial contains the Complete list of SAP FICO Training Material with Screen Shorts Create a Company Code (OX02) T-code (OX02) Path Enter ...
SAP FI (Financial Accounting) Module
SAP FI (Financial Accounting) IntroductionThe SAP FI CO (Financial Accounting & Controlling) Module has the capability of meeting all the accounti ...
SAP FICO Certification Fee and Course Duration in India
The SAP FI/CO course begins with a business analysis by defining business environment, procedures and planning methodologies. Then financial ...
ASSET ACCOUNTING Configuration Steps
How to Configure ASSET ACCOUNTING in SAP FICO?Step 1 – COPY CHART DEPRECIATIONEC08 – IMG>Financial Accounting > Asset Accounting > ...
Withholding Tax in SAP
Detail information about Withholding Tax1. Types of withholding Tax a. Standard Withholding Tax provides the following features:i. Withholding ta ...
Create New Tax code in SAP
T.code FTXP is used to create Tax code.All the Taxes are divided into two categories. Input tax: All taxes related to purchase are considered as Input ...
Indian Tax Procedure Migration from TAXINJ to TAXINN.
Tax Migration as a prequisition to legal change GST.1. The TAXINJ tax procedure is currently in use. What are the prerequisite changes that need to be ...
Configure SAP Cash Journal
In the SAP SAP tutorial, we will learn the step-by-step procedures to configure SAP Cash Journal with proper screenshots of every configuration s ...
Configure the Electronic Bank and Manual Bank Statement
Electronic bank statement – It is an electronic document sent by the bank which gives details of the transactions done by the account holder. Th ...
Transactions FBL1N/ FBL3N/ FBL5N or as of ERP2004 FAGLL03: Defining Special Fields
How to define Special Fields for the Line Item Transactions FBL1N/ FBL3N/ FBL5N or as of ERP2004 FAGLL03?I. Basic information1. Depending on your rele ...
TAX and Pricing Procedure Configuration for GST
Tax Procedure Configuration for GST 1) Create Condition Table These condition table combinations are for user reference with the help of these a ....jpg)
Configuration of Foreign Exchange
Foreign Currency Valuation Configuration Step-I: Define standard quotation for exchange rate Path: General Setting> Currencies> Defi ...
Define Document Number Range
T-code(FBN1)PathFinancial Accounting -> Financial Accounting Global Setting -> Documents -> Document Number Ranges -> Define/Copy (co code ...
Asset Accounting (FI/AA) Create view
Organizational Structure:Check- Country Specific SettingsMaximum LVA amount for posting: Here we define the maximum amount for checking posting to low ...
SAP FICO Tree Menu
Sap tree_ficoSAP standard menu||-- Office|-- Logistics|-- Accounting| || |-- Financial accounting| | || | |-- General ledger| | | || | | |-- Document ...
Leading ledger vs Non-leading ledger in ECC 6.0
Difference between Leading ledger and Non- leading ledger New General Ledger has all functions of the Classic General Ledger but has been enhance ...
Define Document Types
What is Document Types in SAP? Document type is a key used for classifying accounting documents & differentiate between trade transactions to b ...
Configuring Withholding Tax (TDS)
Two types of Withholding tax. Classic and Extended. Classic W/T means when the tax is deducted only at the time of payment and extended W/T means when ...
Open and Close posting Periods
Posting periods in fiscal year variants are used to establish a framework for managing your financial activities. You have the ability to define these ...
Business Process Procedure (BPP)
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Business Process ProcedureBPP is Business Process Procedure. It is created at the time of configuration and it helps other Consultants to know what ha ...
Define Posting Rules for Bank Transactions
What is Posting Rules? Posting Rules in SAP are used to determine how financial transactions are posted to different accounts. A posting rule is a ...- Work Flow Creation Steps
How to create WorkflowTrigger custom workflow when a Document is ParkedIntroductionThis document shows step by step process for the creation of workfl ... 
FICO Bank Accounting Configuration
Bank Accounting: Bank accounting is a module in SAP which maintains the accounting transactions processed with the associated bank. This account ...
Tax on Sales/Purchases
Configuration Steps 1. Check Calculation Procedure 2. Assign Country to Calculation Procedure 3. Check and Change Settings for Tax Processing 4. Speci ...
Automatic Payment Program (T Code FBZP)
Automatic Payment Program (T Code FBZP)..........................................................................1 1. Set up all Company Code for pay ...
Define Posting Keys
T-code(OB41)PathFinancial Accounting Financial Accounting global Setting Document Line Items ...- What are Functional Specifications?
Functional specifications (functional specs), in the end, are the blueprint for how you want a particular report and transaction to look and work. It ...
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