Category: SAP FICO

Performing Automatic Payment Program (APP) in SAP involves several steps. like(first tell the sub heading then only give the explanation) 2 Maintain Vendor/Customer Master Data: Ensure the master data of vendors and customers have the correct payment terms, methods, and bank details. 3. Execute the Automatic Payment Program: 4. Schedule and Execute Proposal Run: 5.…

Tcode OT83 Steps in EBRS to Upload Bank statement under FF_5 Reconcillation is performed in FEBA / FEBAN/FEB_BSPROC Further question on this topic: What format EBS have you configured? MT940 What does field 32 & 86 represent in MT940?

Inquiry: VA11-No FI Accounting Entry Quotation : VA21 – No FI Accounting Entry Sales Order : VA01 – No FI Accounting Entry Post Goods Issue(Delivery): VL01N – will trigger COGS FI entry, Movement type 601, Dr COGS(Trans. Key GBB-VAX) Cr Inventory – Finished Goods (Trans. key BSX) Based on valuation class off the material sold…

Not for interview, only to learn overall tcode’s In SAP, Order-to-Cash (O2C) is a business process that covers the entire order processing system, starting from customer inquiry and sales order creation to the receipt of payment for the goods or services delivered. Here are some common SAP TCodes (Transaction Codes) used in the O2C process:…

Transaction OBYC defines the integration between the MM, FI, and CO modules Transaction keys  determine the general ledger accounts during goods movements GL accounts are maintained by Transaction Keys and Valuation class. Valuation classes are assigned to the material master in accounting 1 tab, and this will main integration point of the material transactions to generate GL…

In my current role as a Process Lead (SAP FICO Consultant) at xxxxxxxxxxx., I primarily handle day-to-day FICO support tickets. This involves closely collaborating with our clients and team members to resolve any issues promptly. Additionally, I manage change requests and customize SAP configurations to meet user requirements. I also work on RICEFW developments as…

Aspect Cost Center Internal Order What is it?(Imp) is a place or team where money is spent directly. is a temporary project or special task that needs its own budget. Why use it? To see if a part of the company is using money well. To keep track of money for a specific job or…

Purchase Requsition ME51n – No accounting entries Generated Purchase Order ME21n – No accounting entries Generated Goods receipt MIGO – Movement type 101 – Dr Inventory(Transaction Key BSX) Cr GR/IR clearing account ( Transaction Key WRX) Invoice Receipt MIRO – Dr GR/IR clearing account ( Transaction Key WRX) Cr Vendor Account ( is picked from…