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SAP FICO

SAP FI – Company Basics

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016032
A company is defined as the smallest unit for which financial statements can be created in accordance with commercial legal regulations. In SAP FI, a...
Createdelete a company codeeditLogin to SAP FICOSAP FI - Company BasicsSAP FI – Create CompanySAP FI – Create Company Code
SAP FICO

SAP FI – Define Business Area

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016018
Business Areas are used to differentiate transactions that come from different lines of business in a company. Example There is a big company XYZ which...
How to create a new Business Area in SAP FI?SAP FISAP FI - Define Business Area
SAP FICO

SAP FI – Define Functional Area

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016018
Function Areas in finance accounting are used to define the expenses in a company according to individual function units. The most common Functional Areas are...
How to Define a Functional area in SAP FI?SAP FI - Define Functional Area
SAP FICO

SAP FI – Define Credit Control

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016018
Credit Control in FI is used to check the credit limit for the customer and it can use one or more codes. It is used...
How to define a Credit Control Area?SAP FISAP FI - Define Credit Control
SAP FICO

SAP FI – General Ledger

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016021
The General Ledger is used to record all the business transactions in a software system. SAP FI – Chart of Accounts The FI chart of...
How to create a new Chart of Accounts?SAP FISAP FI - General LedgerSAP FI – Chart of Accounts
SAP FICO

SAP FI – COA Group

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016011
You can create a SAP FI chart of accounts group as per your requirement. To effectively manage and control a large number of G/L accounts,...
How to define Chart of Accounts Group?SAP FISAP FI - COA Group
SAP FICO

SAP FI – Retained Earnings Account

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016014
Retained Earnings Account is used to carry forward the balance from one fiscal year to the next fiscal year. You can assign a Retained Earning...
How to define Retained Earnings Account?SAP FI - Retained Earnings Account
SAP FICO

SAP FI – G/L Account

Vivek RaMMay 21, 2016
by Vivek RaMMay 21, 2016013
General Ledger (G/L) accounts are used to provide a picture of external accounting and accounts and to record all the business transactions in a SAP...
How Posting is Evaluated?How to Create a New G / L Account?P&L Statement AcctPosting to General LedgerSAP FI - G/L Account
SAP FICO

SAP FI – Block G/L Account

Vivek RaMMay 20, 2016
by Vivek RaMMay 20, 2016016
In SAP R/3, go to Accounting → Finance Accounting → General Ledger → Master Records → G/L accounts → Individual Processing → Centrally. In G/L...
SAPSAP FISAP FI - Block G/L Account
SAP FICO

SAP FI – Deleting G/L Accounts

Vivek RaMMay 20, 2016
by Vivek RaMMay 20, 2016011
In SAP R/3, go to Accounting → Finance Accounting → General Ledger → Master Records → G/L accounts → Individual Processing → Centrally. In the...
SAP FISAP FI - Deleting G/L AccountsSAP FI – Modify a G/L Account

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