Tax Procedure - Basic Settings in SAP FICO: A Step-by-Step Guide
Setting up tax procedures is a fundamental part of configuring SAP FICO to ensure compliance with local tax regulations and accurate...
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Javesh pal
- Jun 27
- 3 min
Understanding Posting Period Variant in SAP S/4HANA: A Guide for FICO Consultant
Introduction In the realm of SAP Financial Accounting (SAP FICO), the concept of Posting Period Variants is pivotal for ensuring the...
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Javesh pal
- Jun 17
- 4 min
Understanding Field Status Variant in SAP FICO: A Comprehensive Guide for Consultants
Field Status Variant (FSV) is a critical concept in SAP FICO (Financial Accounting and Controlling) that controls the display and...
288 views0 comments
Javesh pal
- Jun 12
- 3 min
Mastering Account Groups: A Crucial Step for Financial Precision in SAP FICO
Account groups are essential in organizing and structuring General Ledger (GL) accounts within the Chart of Accounts (CoA) in SAP FICO....
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Javesh pal
- Jun 7
- 4 min
Understanding Business Area, Credit Control Area, Functional Area & Segments in SAP S/4 HANA: A Guide for FICO Consultant
In SAP S/4 HANA, defining and managing business areas is a fundamental aspect of organizational accounting and financial reporting. This...
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Rajesh Sharma
- Apr 14, 2023
- 3 min
Fiscal Year Variant
What is Fiscal Year Variant? The fiscal variant contains the number of posting periods in the fiscal year and the number of the special...
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Vishwaraj Gujar
- Apr 22, 2021
- 4 min
SAP CO- Controlling Area Setup
Controlling area in SAP CO module is a central organizational unit under which all the internal reporting takes place
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Vishwaraj Gujar
- Apr 22, 2021
- 4 min
SAP Controlling (SAP CO) - An Overview
Controlling provides you with information for management decision-making. It facilitates coordination, monitoring and optimization of all pr
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Vishwaraj Gujar
- Mar 23, 2021
- 6 min
SAP FICO General Ledger(G/L) Accounting
The central task of G/L accounting is to provide a comprehensive picture of external accounting and accounts.
5,283 views0 comments
Vishwaraj Gujar
- Mar 19, 2021
- 8 min
Basics Of Accounting & Golden Rules
Accounting is the process of recording, assessing, and communicating financial transactions — helps individuals and organizations understand
1,458 views1 comment
Vishwaraj Gujar
- Feb 20, 2021
- 5 min
SAP Fiscal Year Variant, Posting Period Variant & Tolerance Group
SAP allows a maximum of 16 posting periods in each fiscal year. It consists of 12 regular posting periods and 4 special periods
4,959 views2 comments
Vishwaraj Gujar
- Feb 20, 2021
- 4 min
SAP Enterprise Structure
SAP defines the Enterprise Structure as “the definition of specific organizational units that together represent a company’s business units
7,128 views0 comments
Vishwaraj Gujar
- Jan 23, 2021
- 3 min
SAP FICO- Chart of Accounts, Account Groups & Field Status Group
COA is a group of General Ledger (G/L) accounts that records the transactions of an organization in a structured way. For each G/L account,
10,223 views1 comment
Vishwaraj Gujar
- Dec 10, 2020
- 3 min
ECC Vs S/4 HANA in Finance Module
S/4 HANA has an edge over ECC due to the technology and functionality involved in it.
5,582 views0 comments
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