SAP FI – Define Business Area
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...
Tag : SAP FI
SAP FI – Define Credit Control
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...
SAP FI – General Ledger
The General Ledger is used to record all the business transactions in a software system. SAP FI – Chart of Accounts The FI chart of...
SAP FI – COA Group
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,...
SAP FI – Block G/L Account
In SAP R/3, go to Accounting → Finance Accounting → General Ledger → Master Records → G/L accounts → Individual Processing → Centrally. In G/L...
SAP FI – Deleting G/L Accounts
In SAP R/3, go to Accounting → Finance Accounting → General Ledger → Master Records → G/L accounts → Individual Processing → Centrally. In the...
SAP FI – Financial Statement Version
General Ledger accounts can be used as per legal regulations to generate the final statements. Financial statement versions are used to create the financial statements,...
SAP FI – Journal Entry Posting
The use of Journal Entry (JE) posting in SAP FI is to take a batch, validate it for consistency, and create FI documents and post...
SAP FI – Fiscal Year Variant
Fiscal year variant contains the number of posting periods in a fiscal year and the number of special periods. You can define up to 16...
SAP FI – Posting Period Variant
SAP FI Posting period variant is used to maintain accounting periods that are open for posting and all closed period are balanced. This is used...