FICO

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...

SAP CO- Controlling Area Setup

Controlling area in SAP CO module is a central organizational unit under which all the internal reporting takes place

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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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.

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Basics Of Accounting & Golden Rules

Accounting is the process of recording, assessing, and communicating financial transactions — helps individuals and organizations understand

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

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SAP Enterprise Structure

SAP defines the Enterprise Structure as “the definition of specific organizational units that together represent a company’s business units

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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,

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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.

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