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| FICO Certification,FICO Modules,FICO Responsibilities,FICO Tables,Finance,Fixed Assets,FICO Free Downloads,General Ledger,FICO Integration,Invoice,Master Data,Negative Stock, Organizational Management,Payments,Periods,Position Management,FICO Problems,Profit Accounting,Purchase Order,FICO Questions |
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| Creating SAP FI General Ledger Acct Master Record - 1 Step Centrally |
| 2008-04-08 23:13:34 |
To create a G/L account master record in one step (in the chart of accounts and in the company code-specific area), proceed as follows:From the menu bar of the General Ledger screen, choose Master records ® Create. The initial screen appears. Enter the G/L account number and the company code, and choose ENTER. The entry screen for the master data record is displayed.Enter data as required For more information, read Overview of G/L Account Master Data Choose ENTER. The entry screen for company code-specific master data is displayed. Enter data as required For more information, see Data in the Company Code. The local currency is the default value in the currency field. You can overwrite this default value. If you have assigned a sample account to a...
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| Creating a Master Record in the Chart of SAP FI General Ledger Accounts |
| 2008-04-08 23:13:21 |
If you want to create a G/L account master record separately in a chart of accounts, proceed as follows:From the General Ledger menu, choose Master records ® Chart of accounts ® Create. The initial screen appears. Enter the G/L account number and the chart of accounts. Choose ENTER. The entry screen for the master data record appears.Enter data as required For more information, read Overview of G/L Account Master Data After you have entered your data, choose G/L account ® Save.Changes to the Chart of SAP FI General Ledger Acco...Changing SAP FI General Ledger Account Master Data...Creating a Master Record in the SAP FI General Led...Creating a Master Record in the Chart of SAP FI Ge...Creating SAP FI Ge...
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| Creating a Master Record in the SAP FI General Ledger Company Code |
| 2008-04-08 23:13:03 |
You can create G/L master records in company codes separately from G/L master records in a chart of accounts. The master record has to exist in the chart of accounts before you can create a G/L account master record in the company code. For details about creating a G/L account master record in a chart of accounts, see Creating a Master Record in the Chart of Accounts.To create a G/L account master record in the company code, proceed as follows:From the General ledger menu, Select Master records ® Company code ® Create. The initial screen appears. Enter the G/L account number and the company code, and choose ENTER. You must have already created a G/L account master record with this number in the chart of accou...
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| Changing SAP FI General Ledger Account Master Data |
| 2008-04-08 23:12:46 |
You can change master data in a G/L account both at chart of accounts level and at company code level. Changes in the chart of accounts apply to the respective master record in all company codes. The following explains the prerequisites for making changes.For most fields, changes are logged. In exceptional cases, such as for text fields, this is not necessary so the facility is not provided. For each change, the system records the time of change, the user name and the old field value. You can display these changes.For more information on changes, see: Changes to the Chart of Accounts Changes to the Company Code-Specific Area Changing a G/L Account Master Record Centrally Changing a G/L Account Master Record in the Char...
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| Changes to the Chart of SAP FI General Ledger Accounts |
| 2008-04-08 23:12:34 |
You can change any fields in the chart of accounts of the G/L account master record with the exception of the account number.In the following cases, you must consider certain requirements:As long as no master record was created in the company code for the entry in the chart of accounts, you can change the chart of accounts entry. If you change the account group, it may be necessary to maintain all master records in the company codes. You can change the account group specified in the chart of accounts. In addition, you can change the definitions of the account group. This might be necessary, for example, if you install a new SAP application such as Materials Management or Sales and Distribution. After changing the account group, it is possible that ...
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| Changes to the SAP FI General Ledger Company Code-Specific Area |
| 2008-04-08 23:12:19 |
You can change certain specifications in the G/L account master record at any time. Changes to the following specifications, however, require certain prerequisites, which are specified by the system.You can only change the currency key for accounts that have not yet been posted to. You can only change the tax category for accounts that have not yet been posted to. You can only identify an account as a reconciliation account if it has a zero balance. However, you can only cancel the indicator defining an account as a reconciliation account for accounts that have not yet been posted to. You can make or cancel the specification that an account is managed on an open item basis for accounts with a zero balance.Marking a SAP FI General Ledger Account Master Rec...Archiving and Deleting a ...
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| Changing a SAP FI General Ledger Account Master Record Centrally |
| 2008-04-08 23:12:07 |
To change a G/L account master record in the chart of accounts and in the company code in one step, proceed from the General Ledger menu as follows:Select Master records ® Change. The initial screen appears. Enter the G/L account number and the company code, and choose ENTER. The system displays the screen for entering chart of accounts data. Change one or more fields in the chart of accounts, and then choose ENTER. The system displays the first screen for company code data. Change the desired data and choose ENTER. Save your changes by choosing G/L account ® SAVE.Marking a SAP FI General Ledger Account Master Rec...Archiving and Deleting a SAP FI General Ledger Acc...Blocking SAP FI General Ledger AccountsBlocki...
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| Changing SAP FI General Ledger Acct Master Record in Chart of Accts |
| 2008-04-08 23:11:55 |
To change a G/L account master record in the chart of accounts, proceed as follows:Choose Master records ® Chart of accounts ® Change. The initial screen appears. Enter a G/L account number, the chart of accounts, and choose ENTER. The system displays the screen for entering the chart of accounts data. Change the necessary field contents. Save your entries by choosing G/L account ® Save.Marking a SAP FI General Ledger Account Master Rec...Archiving and Deleting a SAP FI General Ledger Acc...Blocking SAP FI General Ledger AccountsBlocking a SAP FI General Ledger Account Master Re...Displaying a SAP FI General Ledger Account Master ...Displaying Changes to SAP FI General Ledger Accoun...Changing SAP FI General Ledger Acct Master Record .....
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| Changing SAP FI General Ledger Acct Master Record in Company Code |
| 2008-04-08 23:11:43 |
Change a G/L account master record in the company code as follows:Select Master records ® Company code ® Change. The initial screen appears. Enter a G/L account number and the company code, and choose ENTER. The system displays the first screen to enter company code data. Change one or more fields and then choose ENTER. Save your entries by choosing G/L account ® Save. If you have created master records in one company code and need exactly the same master records in another company code, you can use the Master records ® Compare company code ® Send function within the General Ledger menu to distribute the newly created master records to other company codes.Marking a SAP FI General Ledger Ac...
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| Displaying Changes to SAP FI General Ledger Account Master Records |
| 2008-04-08 23:11:29 |
The system logs all changes to G/L master records. For each changed field, it stores the time of change, the user's name, and the current and previous field contents.You can display the changes to:A certain field A master record All accounts for various master records When you display or maintain a G/L master record, you can also see the changes made to an entire master record or to a particular field. To do this, select Environment ® Change documents ® To field or Environment ® Change documents ® To account.Change documents allow you to see what changes were carried out and when.Display changes to G/L account master records from the General Ledger menu as follows:Select Master records ® ...
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| Displaying a SAP FI General Ledger Account Master Record |
| 2008-04-08 23:11:13 |
G/L account master record data is contained in a chart of accounts and in a company code specific area. You can display the following:Only data in the chart of accountsOnly data in the company codeThe entire master record (chart of accounts and company code) If you want to display a G/L account master record, choose one of the following functions in the General Ledger main menu depending on which data you want to see:Display functions Area Selection Chart of accounts area Master data ® In chart of accts ® Display Company code area Master data ® In company code ® Display Entire master record Master data ® DisplayMarking a SAP FI General Ledger Account Master Rec...Archiving and...
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| Blocking a SAP FI General Ledger Account Master Record |
| 2008-04-08 23:10:42 |
G/L accounts can be blocked on two levels:Chart of accounts level. This block applies to all company codes using the chart of accounts. Company code level. This block applies to this account in the respective company code only. In the chart of accounts, you blockA master record for creating in the company code An account for posting An account for planning In the company code, you can only block an account for posting.You can set or cancel the block indicator at any time.Marking a SAP FI General Ledger Account Master Rec...Archiving and Deleting a SAP FI General Ledger Acc...Blocking SAP FI General Ledger AccountsBlocking a SAP FI General Ledger Account Master Re...Displaying a SAP FI General Ledger Account Master ...
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| Blocking SAP FI General Ledger Accounts |
| 2008-04-08 23:10:19 |
You can block a G/L account in a specific company code as follows:Select Master records ® Block/unblock. Enter the G/L account number and the company code, and choose ENTER. You reach the screen for blocking a G/L account.Mark the required block fields. These block fields have the following functions:– The All company codes field in the Creation block section prevents you from creating this G/L account in any company code.– The All company codes field in the Posting block section prevents you from posting to this G/L account in all company codes. – The Selected company code field prevents posting to this G/L account in the company code you already specified. – The All company codes field in the Planning block section prevents you from entering planning data for this G/L ac...
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| Archiving and Deleting a SAP FI General Ledger Account Master Record |
| 2008-04-08 23:10:07 |
You can archive G/L account master records that you no longer need. Archiving data means it is deleted from the SAP database and placed in a file. You can then transfer this file to an archive system.You cannot physically delete the master record of a G/L account from the system without first carrying out certain preparatory steps. First, the system must check whether the master record can be deleted. Initially, you can only mark a master record for deletion. You can do this at two levels:If you want to delete a master record for all company codes, you must mark it for deletion in the chart of accounts. If you specify that the record of the account in the chart of accounts should also be archived, this is also deleted fro...
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| Marking a SAP FI General Ledger Account Master Record for Deletion |
| 2008-04-08 23:09:52 |
The following describes how you can mark master records for deletion, thus marking the corresponding G/L account for deletion as well. The documentation on Archiving and Deleting Application Data describes how you delete and archive G/L account master records. You find this documentation in the R/3 library under CA Cross-Application Functions.To delete a G/L account master record, proceed as follows from the general ledger menu:Select Master records ® Mark for deletion. Enter the G/L account number and the company code, and press ENTER. If you set the Mark for deletion indicator in the Status in chart of accounts section, the system deletes the G/L account master record in all company codes that use this chart of ac...
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| Search Function Matchcode: SAP FI General Ledger Account Master Data |
| 2008-04-08 23:09:40 |
If you want to change or display a G/L account master record, you must know the number of the master record. If you want to post to a G/L account, you must know the number of the G/L account.If you do not know the G/L account number (or have forgotten it), you can search for it using a matchcode. The system stores certain fields of a G/L account master record in the matchcode. You can search for the G/L account using these fields, the ‘matchcodes’.If you want to search for a number, you place the cursor on the field Account number. The Possible entries pushbutton (F4), provides an overview of the matchcodes available:Matchcodes for G/L accounts Matchcode searches for G/L accounts according to =K. Key words =N. G/L account number i...
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| Special Features in Income Statement SAP FI General Ledger Accounts |
| 2008-04-08 23:09:26 |
Before you can include income statement accounts in the chart of accounts, you need to specify the retained earnings account to which profits or losses are transferred. There is a special program designed to transfer these amounts to this account. Therefore, you must define the number of the retained earnings account in the system. You will assign every income statement account to a retained earnings account by entering a key in the P+L statement account type field in the chart of accounts section of master records for these accounts. This key is assigned the number of the retained earnings account to which profits and losses are automatically posted. For more information, see the General Ledger Accounting Implementation...
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| Using Several Retained Earnings SAP FI General Ledger Accounts: Example |
| 2008-04-08 23:09:10 |
Expenses for special taxation provisions are relevant to income in the US but not in Germany. These provisions for taxation are posted to special income statement accounts which are needed in the US only. For all other postings you use income statement accounts which are used both in Germany and in the US.To report profits or losses of the prior year on your financial statements for Germany, you would assign the P+L statement accounts valid for all countries to one retained earnings account (see illustration above, retained earnings account (1); to report profits or losses in the US, you would assign the P+L statement accounts that are valid only for the US to a separate retained earnings account (2).In generating th...
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| Sample SAP FI General Ledger Account And Data Transfer Rules |
| 2008-04-08 23:08:56 |
Sample accounts and data transfer rules are optional. Generally, you use account groups to set fields centrally for all company codes as required, optional, or suppressed fields. You use a sample account if you work with several company codes and want to set data centrally. More information can be found in the Implementation Guide for General Ledger Accouting. The following topics on sample accounts and data transfer rules are relevant only if you work with several company codes and you use sample accounts. For more information, see: Sample Account Data Transfer Rules Differences Between Account Group, Reference And Sample Account How Do Changes Take Effect?Account Balances an...
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| SAP FI General Ledger Sample Account |
| 2008-04-08 23:08:44 |
A sample account is a master record containing data that is transferred when you create G/L account master records in the company code area. Sample accounts have the following special features:Sample accounts depend on the chart of accounts. You must not enter sample accounts in the chart of accounts as G/L account master records. Sample accounts have an effect only when you create a master record. Sample accounts are assigned to the corresponding G/L account master records in the chart of accounts. You can create as many sample accounts as you require. You cannot post to sample accounts. Allocation of a Sample Account You allocate a sample account to the required G/L account master record in the chart of accounts.When you create a G/L account ma...
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| Data Transfer Rules SAP FI General Ledger |
| 2008-04-08 23:08:29 |
Data transfer rules determine which values are transferred from the sample account and how. You specify a rule for each field that is to be transferred. The rules are grouped into rule types.Data transfer rules have the following special features:You define rule types independent of the sample account. You allocate a rule type to a company code. Consequently, rule types are company code-specific. You can define as many rule types as you require. Several company codes can use the same rule type. The rules take effect when you create a master record and also when you change a master record in the corresponding company code. The following table explains individual data transfer rules.What do the data transfer rules mean? ...
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| Sample SAP FI General Ledger Account And Data Transfer Rule: Example |
| 2008-04-08 23:08:11 |
The following example describes how a sample account works.In your company, you have several company codes that use the same chart of accounts. From the company head office, you want to specify data for foreign currency balance sheet accounts in USD for the company code area of the master records. The following table shows the data that is transferred.Values and rules for the sample account example Field Value Rule Currency USD Field cannot be changed, if set Open item management Field cannot be changed if value is initial Line item display X Field cannot be changed, if set Sort key 003 Value is transferred from sample account Field ...
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| Differences Between SAP FI General Ledger Account Group, Reference And Sample Account |
| 2008-04-08 23:07:48 |
The FI system offers several procedures to support you in creating and maintaining G/L account master records. These include the account group , the reference procedure and the sample account with data transfer rules. You should note the following differences: Account groups are used to set the status of fields for creating, changing and displaying master records. You can suppress fields or define them as required or optional fields. Account groups are defined when installing the system, before creating the master records. Every master record must be assigned to an account group in the chart of accounts, so you must use the account group. An account group always applies to one or more company codes which use a particular chart of accounts.When you cr...
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| How Do Changes Take Effect SAP FI General Ledger? |
| 2008-04-08 23:07:35 |
The sample account and the data transfer rules take effect when you create a G/L account master record in the company code. The most current sample account and rules always apply. After the master record is created, the sample account no longer has an effect. However, changes to the rules continue to have an effect on the master record. The valid rule type is always the most current one.This is necessary since you may have transferred data from the sample account as fixed data. If you have made a mistake, you revise the rule and then change the transferred data.Account Balances and Line Items SAP FI General Led...How Do Changes Take Effect SAP FI General Ledger?Differences Between SAP FI General Ledger Account ...Sample SAP FI General Ledger Account And Data Tran...Data Transfer Rules SAP ...
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| Account Balances and Line Items SAP FI General Ledger |
| 2008-04-08 23:07:22 |
When you post documents to an account, the system automatically updates the account balance. In addition, for G/L accounts that are managed with line item display, the system notes which items from the document were posted to the account. It is therefore possible to view the account balances and (depending on the specifications in the master record) the line items for every G/L account.The following topics describe account balances and how to call up a balance. You also see how to display line items and the functions which are available in conjunction with the line item display.Account Balances and Line Items SAP FI General Led...How Do Changes Take Effect SAP FI General Ledger?Differences Between SAP FI General Ledger Acc...
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| Report Painter, changing the tables assigned to libraries SAP FICO Report Painter |
| 2008-04-03 05:10:45 |
Dear Report Painter folks, If I assign the wrong table to a Library, howdo I correct this mistake ? Regds, -----Reply Message-----Subject: RE: Report Painter, changing the tables assigned to libraries If you just created the Library and assigned an existing table to it, youcan delete the Library using Report Writer, and start over. -----End of Message-----SAP FI Functional Consultant ResponsibilitiesReport Painter,Relationship between Report Groups ...Report Painter, changing the tables assigned to li...Library for Report Painter/Writer SAP FICO Report ...Report Painter, How to reverse +/- signs SAP FICO ...Cost Component Split In FICO SAP FICO ControllingSAP Controlling FAQ SAP FICO...
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| Report Painter,Relationship between Report Groups and Reports SAP FICO Report Painter |
| 2008-04-03 05:10:34 |
What is the relationship between Report Groups and theReports assigned to them ? My problem is that, when I leave EMPTYcharacteristics in one Report, I cannot Execute ALL other reportsassigned to the same Report Group as the First Report (the report withthe empty characteristics) So it seems that whatever mistakes I make in one report, affectsALL the other reports within the same Report Group. Can someone verifythis for me ? Thanks in advance ! -----Reply Message-----Subject: RE: Report Painter,Relationship between Report Groups and Reports I have found that by far the safest way to proceed is to have a one to onerelation ship between a report gro...
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| SAP FI Functional Consultant Responsibilities |
| 2008-04-03 05:10:21 |
What is the meaning of SAP FICO Functional and SAP FICO Technical? SAP FICO Functional means functional knowledge, by which one can proceed in terms of functional process with FICO area as well as FICO configuration knowledge. Whereas SAP FICO Technical consultant may be an ABAPER, who have short of knowledge of FICO configuration and functional knowledge as well and can proceed for technical jobs e.g. reports development, client requirement, system modification etc. To become a Pure Hard Core FI functional consultant Q: Can via T.Code FBL1N by selecting vendor with plant reference in selection using search help field group. Plant is not a field for finance or in sap it is FI module - this is for PP and MM module, In case required, please define that a...
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| Library for Report Painter/Writer SAP FICO Report Painter |
| 2008-04-03 05:07:40 |
I just have one question regarding Report Writer/Painter
Is it possible to create new library based on whatever table we want which
is not SAP installed. For exmaple, in PCA, there is standard library
8A2 which si based on GLPCT. Is it possible to create new library based on
table say GLPCA? If so, what's menu path to add table in Library?
I am on 3.1H. TIA -----Reply Message-----
Subject: RE: Library for Report Painter/Writer As consultants always say:
"Do you really want to create reports on table GLPCA?".
All the information is in GLPCT and in addition performance with reporting
on GLPCA would probably be very bad. I wanted to get period information form PCA. And it looks like GLPCT does
not give records per period (period field is 16 or other value) but only the
cumulative values per period are stored in specific fields. So i thought I
needed a report on GLPCA, but I use libraries based on GLPTC to get the
information from GLPCA. Apparently by selecting periods (RPMAX) in reports,
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| Report Painter, How to reverse +/- signs SAP FICO Report Painter |
| 2008-04-03 05:06:57 |
I am trying to reverse the +/- signs in my P/L statement, which Icreated using Report Painter. Could someone please help me out ? Regds, -----Reply Message-----Subject: Report Painter, How to reverse +/- signs Try using the Absolute value in your formula as follows: Ex: (X003 / ABS X002)) * 100, or whatever variables you need to use. I find that this usually reverses the appropriate signs. In the report, there is also formatting available that will reverse thesigns.Do: In Report Writer: Change report screen, (transaction GRR2), Formatting-->Row-->reverse signs. However, this will reverse all signs in the statement. You may not wantthat. Try both to see what happens. Hope...
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| Entering Exchange Rate SAP FICO |
| 2008-04-03 05:05:38 |
You used OB08 to enter the exchange rate ratio (from) and ration (to). There are three type of Exchange rate :- 1. EURO Euro Dollar 2. M Standard translation at average rate 3. R Exchange rate for currency revaluationChange in Tax in sap ficoDifference between Withholding Taxes and Extended ...CO-PA Transfer of Incoming Sales Orders SAP FICOFI Document: List of Update Terminations Error Mes...Entering Exchange Rate SAP FICOWhat is Valuation Area and Valuation Class SAP FIC...Explain The Difference In Currency SAP FICO Compan...Change in Company Code Currency SAP FICO Company/B...Meaning and Creation of Company codes SAP FICO Com... ...
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| FI Document: List of Update Terminations Error Message |
| 2008-04-03 05:05:24 |
To analyze the FI update error posting, make use of report RFVBER00, FI Document: list of update termination. Execute the report with transaction code SA38 or SE38.Change in Tax in sap ficoDifference between Withholding Taxes and Extended ...CO-PA Transfer of Incoming Sales Orders SAP FICOFI Document: List of Update Terminations Error Mes...Entering Exchange Rate SAP FICOWhat is Valuation Area and Valuation Class SAP FIC...Explain The Difference In Currency SAP FICO Compan...Change in Company Code Currency SAP FICO Company/B...Meaning and Creation of Company codes SAP FICO Com......
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| CO-PA Transfer of Incoming Sales Orders SAP FICO |
| 2008-04-03 05:05:11 |
-----Original Message-----Subject: CO-PA Transfer of Incoming Sales OrdersFrom: sarita Hi, In IMG, I assigned1. value fields2. quantity fieldsand activated transfer of incoming sales orders for "CO-PA transfer of Incoming Sales Orders". In CO-PA information system, I defined and executed a report (record type A, actual data). The actual line item showed revenue amount 36,000. But when I drilled down to the value fields. The system showed revenue = 0. Do I miss something in Configuration? Best regards,Sarita P.S As we are not implement PP/PC, I do not maintain "valuation using prodcut cost estimates" in CO-PA configuration. -----Reply Message-----Subject: Re: CO-PA Transfer of Incoming Sales OrdersFrom: Peter Fisher Sarita...
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| Difference between Withholding Taxes and Extended Taxes SAP FICO |
| 2008-04-03 05:04:54 |
What is the difference between Withholding Taxes and Extended Withholding Taxes? Please read this for the same. I have mentioned prominant difference between the two. Withholding Tax Classic Withholding Tax (All release)Extended Withholding Tax (from release 4) Difference between the two S.No Individual Function Classic Extended1 Withholding Tax on Outgoing payment Yes Yes2 TDS on Incoming payment Yes3 TDS at the time of Invoice ...
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| Change in Tax in sap fico |
| 2008-04-03 05:03:59 |
The transaction code to change your tax rate is FTXP. It is reference to your tax codes. Tax rates are always updated with reference to FROM DATE. You need not specified the To Date as the current From date becomes the To Date for the earlier rate. Cost Component Split In FICO SAP FICO ControllingSAP Controlling FAQ SAP FICODifference Between Primary and Secondary Cost Elem...Requires an Assignment to a CO Object SAP FICO Con...How does one Deactivate a Cost Center SAP FICO Con...What is Production Order Settlement?Populating Transaction Type during Order Settlemen...Difference between Cost Centers and Internal Order...Simple Overview of Product Costing SAP FICO Contro...Using 1099 MISC Reporting in SAP FICOEntering Invoice Receitps for PO sap ficoWhat is Central Value-added Tax and how ...
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| What is Central Value-added Tax and how it is configured? sap fico |
| 2008-04-03 05:03:44 |
What is CENVAT (Central Value-added Tax) and how it is configured? Before I am going to explain what is cenvat, you have to under stand the Indian tax Central Excise Duty (BED). It is called as basic excise duty. Every manufacturer is liable to pay the excise duty in various kinds namely Basic Excise Duty, Special Excise Duty, Additional Excise Duty etc., Just think over a product which is reached to a end user, how many manufacturing activities are done. So to reduce the tax burden of the end user, the Govt. of India introduce the MODVAT scheme which is now called CENVAT scheme. Based on this, if any manufacturer purchased a material, which is duty paid, and if it is used for his further manufacturing activity, he...
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| Entering Invoice Receitps for PO sap fico |
| 2008-04-03 05:03:25 |
The Invoice Verification component is part of the Materials Management (MM) system. It provides the link between the MM component and the Financial Accounting, Controlling, and Asset Accounting components. Invoice Verification in Materials Management serves the following purposes: - It completes the materials procurement process - which starts with the purchase requisition, continues with purchasing and goods receipt and ends with the invoice receipt - It allows invoices that do not originate in materials procurement (for example, services, expenses, course costs, etc.) to be processed - It allows credit memos to be processed, either as invoice cancellations or discounts Invoice Verification does not handle the payment or the analysis of invoices. The information required for these pr...
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| Using 1099 MISC Reporting in SAP FICO |
| 2008-04-03 05:03:05 |
In order to use 1099 MISC reporting is something that needs to be configured or set up in the vendor master records? I am trying to run the report and I don't get anything. To flag a vendor in SAP as a 1099 vendor, two fields need to be populated. 1. On the Control screen of the vendor master, populate either "Tax Code 1" field with his social security number if his social security number is his tax id. or "Tax Code 2" field with his corporate tax id. if he has been issued a corporate tax id. Input either of the two in their correct format i.e. social security as xxx-xx-xxxx or corporate id as xx-xxxxxxx. 2. On the Accounting Info. screen, populate the "W.tax code" field under the "Withholding Tax" box with the value "07" if it is a US vendor or "42" if it is a foreign vendor. These are...
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| Simple Overview of Product Costing SAP FICO Controlling |
| 2008-04-03 05:02:51 |
SAP Product Costing deals with Plan Costing + Actual Costing of Finish products or Services. CO comprises Product Costing + cost accounting integrated with FI. It uses Integrated Cost Accounting. Product costing also has 2 phases depending on the Mfg Scenarios. If you are a normal mfg comp, making goods to stock & sale, you have to first do planning of the costs of products initilally as a STD COST of a product. This is used in many phases in SAP CO acounting. In simple terms, you cost a product by different methods depending on different LIFE CYCLE phases of product. These are Development of new product. Growth stage by modifying it. Mature stage (mass prod). Decline Retirement of that product from Mfg+Mktng) The whole CO process starts with this PLA...
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| Difference between Cost Centers and Internal Orders SAP FICO Controlling |
| 2008-04-03 05:02:02 |
Would any one please tell me that 1. What is the basic difference between Cost Centers and Internal orders? 2. I understand that their functionality is same like assessments, distribution etc. then why there are divided into Cost Centers and Internal orders? 3. How the data flows from Cost Centers and Internal Orders? ie is it first into Internal orders then to Cost Centers or Vice versa? or else the data is maintained independently? 4. Does settlement means running the Assessment cycle and distibuting the costs to various cost centers from an internal order? 5. How you determine the cost of an Order or cost for an order? ie how an Cost in Order is determined? A cost center as you will know is for fixed reporting for a long time span as part of your company structure (cost center usually ...
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