FI CO (Financial Accounting & Controlling) Forum
Assessment Cycle Vs Profit Center
Answered
Difference between Assessment Cycle and Profit Center in SAP FICOWhile creating the cost center master record we give the profit center in that by whi ...
Difference between Classic GL and New GL
New GL Vs. Classic GL in SAP In SAP ECC5 and ECC6 New GL and Classic GL are two ways to implement General Ledger functionality. Over classic GL, ...- GR/IR Accounting Entries and Journal Entries
Answered
What is GR/IR Accounting Entries and What Journal Entries One Should Pass for This?The GR/IR – the goods receipt/Invoice Receipt account is used ... 
TR 6 Challan Usage and Process
Answered
What is TR 6 Challan Usage and Process?Hi All,Can anyone explain that what is TR 6 Challan usage and process. If anyone knows it then please let me so ...
Difference between FEBA and FEBAN tcode in SAP
Answered
HI All,SAP FEBA vs FEBANCan you pls tell me the difference between FEBA/FEBAN? .I know FEBAN is used for post processing of Bank Statement.--Than ...
Use of FB60, FB65, MIRO, FK03 and FBL1N Transaction
Answered
What transaction are FB60, FB65, MIRO, FK03 and FBL1N used for?Can you please help answer this for me?Thanks! ...- Use of Functional Areas in SAP
Answered
Functional areas are used to segregate expenses by functions (eg. production and R&D, etc.) instead of showing as lump sum on the P&L statemen ... - Posting not possible (Value date earlier than Post Capitalization Date)
Hi, When I was trying to settle the AUC to Asset thru Internal Order (Investment Measures) in KO88, I get the error: "Posting not possib ... - Vendor Account Group
Answered
Hello Experts,If anybody can tell me how to find the particular vendor for which account groups has been assigned. There are lot of Vendor Account Gro ... 
COPA Configuration and Profit Center Configuration Steps
Answered
Dear all,Can anybody plz give me COPA and PCA Configuration steps?Thanks in advanceSravas ...- Journal entry for Customer Credit Memo and Vendor Credit Memo
Answered
Hi, Vendor Credit Memo: Vendor a/c dr to Exp/Purchases a/c Customer Credit Memo: Sales/ Income a/c dr to Customer a/c. Bye ... 
Master Data available in FICO
Answered
Hello SAP Experts,What is the master data available in SAP for FICO? I have faced so many times this question in interviews.Please, friends, anyone ca ...
Balancing field Profit Center in line item 003 not filled Message no. GLT2201
Hello SAP Experts,I am getting the below error - Balancing field "Profit Center" in line item 003 not filled Message no. GLT2201, while post ...- Purchase order number with document number
Answered
I am really struggling to pull the purchase order number with document number and vendor code. Is there any way we can pull report in SAP where we ... - How does Alternative Account no. work.
Hi, If say, GL account 110000~Cash was created in Chart of Account level, how can i create GL accounts in company code level? example= Cash- Deuts ... - COGS (Cost of Goods Sold) Report in SAP
What is COGS? Cost of goods sold (COGS) is the total amount spend to manufacture a product which can be sold. COGS includes only direct costs ... - Need a Dummy Project just for Practice SAP FICO
Answered
I need a dummy project on SAP fico which covers every detail from start to end for practice only.Thanking everyone for their help in advance. ... - Preciso gerar balancetes no SAP qual a transação que emito esse relatório?
Preciso gerar balancetes no SAP qual a transação que emito esse relatório? ... - SAP FICO FRESHER RESUME
Seeking assignments in SAP FI/Co Implementation Fresher in SAP. I having 2 years SAP Enduser in AP and FA and d ... 
Differences between Credit Memo and Sales Invoice
Answered
Hi Friends,Credit Memo vs Sales InvoiceCould you please tell me the differences between CREDIT MEMO and SALES INVOICE. Your help is highly apprec ...
Reverse a Cleared Documents
Reversing a cleared document is a process that allows you to undo a previously posted transaction, which was cleared through a payment or clearing doc ...
What is SAP Accounts Receivable Process Life Cycle?
Hello SAP Experts, I want to know the SAP Accounts Receivable Life Cycle. If anyone from you guys know about that then please give me your opinion ...- Transaction Code to get the chart of account
Question: Can anybody provide me the T-code to get the chart of account with full details. Solution: Chart of Accounts are created in the Transa ... - Difference between Account and Costing based Profitability in COPA
Answered
Account Based Profitability vs. Costing Based Profitability Hello Experts,What is the difference between account based profitability and costing ... 
How to Create, Display & Change House Bank in SAP?
Answered
What is House bank on SAP? The House bank is a branch of the bank in which your company has an account. You can process all bank-related transactio ....jpg)
GL entry posting with F-02
Hi When I try to post an entry, after enter the details,click the Post button gettng message as " Balancing field "segment" in line it ...- How to reverse F.12 or S_ALR_87012357 report?
I am doing F.12 or S_ALR_87012357 (Advance return for tax on sales/purchase) . I have run the report and payment entry also got generated. But due to ... - Maintain conversion factors for EUR / INR (currency type M)
Answered
HI All, I am getting the below error message, When I am trying to create PO. I know solution is to maintain exchange rates for this currency pair ... - Open Line Item Management and Clearing Open Line Items
Answered
Open item management is further reconciliation function. OIM allows you to display the open and cleared items and amounts in an account. OIM should be ... 
Message no FR257, F5543, FR008 in Foreign Currency Valuation
During FCV, I have got the below 3 errors. Can you pls check below mentioned error messages and advice me. ***Incorrect account determination: IN02 V ...
×