Saturday, May 9, 2020

How to define Field Status Variant/ what is the Use of Tcode ( OBC4) and (OBC5)

Ø Field status variant is use to define the fields which are use for input like cost center, profit center, plant etc., which are optional fields, suppressed/hidden fields and required fields.

Ø Field status variant will have field status groups. Field status group is maintained in G/L accounts and it defines the fields while postings to the G/L.



Friday, May 8, 2020

How to define chart of account in SAP-FI /What is the use of tcode (OB13) & (OB62)


Chart of accounts is a list of G/L. All G/L will be created with in COA. The chart of accounts must be assign with each company code,

There are 3 types of COA.
Operational COA: All the day to day operational entry posted in operational COA .
Group COA: This COA contains list of all G/L that are used by entire company. It is use for consolidation purpose.
Country specific COA: It is use to meet country specific local legal requirements.

Step -1 Edit Chart of Account List(OB13)
Step -2 Assign Chart of account with company code ( OB62)

Thursday, May 7, 2020

How to define special posting period/ use of tcode (OB52)


 Basic settings related to special posting period:
 *Special posting period is use for adjustment entries at the time of auditing. Beside the normal 12 posting period SAP allows for defining a maximum four more such as 13,14,15,16 posting periods, which are known as Special Posting Periods, these are used for year-end closing activities.
*The special posting periods cannot be determined automatically by the system based on the posting date of document.The  special period needs to be manually entered into the posting period field in the document header.

How to define special posting period:
 *Run Tcode OB52 ( define maximum four special period)
*From period 2…Enter Year ……..Enter To period 2….Enter year ( Give 13 to 16 ) as special period
*Save
Note:
For posting in special period you have to enter special period explicity,and your posting date should fall in last actual period (March or December)


How to define posting period in SAP FI

In 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 for opening and closing period in the fiscal year for posting purpose. You can assign these posting periods to one or more company code.



Wednesday, May 6, 2020

Define SAP history



Define SAP OVERVIEW

In 1972, five entrepreneurs in Germany (Dietmar Hopp, Hasso Plattner, Hans-Werner Hector, Klaus Tschira, and Claus Wellenreuther) had a vision for the business potential of technology. 

Starting with one customer and a handful of employees, SAP set out on a path that would not only transform the world of information technology, but also forever alter the way companies do business. Now 48 years and more than 440,000 customers stronger, more than ever, SAP is fueled by the pioneering spirit that inspired its founders to continually transform the IT industry.

How to create company and company code in SAP - FI / Tcode - OX15 / OX02