Category: SAP Modules

  • Action Control in SAP

    Introduction In the vast world of SAP, Action Control serves as a mechanism to automate specific actions based on certain conditions or events. Whether it’s sending out notifications, changing the status of an order, or triggering workflows, Action Control plays a pivotal role in enhancing SAP’s efficiency and minimizing manual interventions. Let’s delve deeper into…

  • SAP Next-generation Just-In-Time Supply to Production

    SAP Next-generation Just-In-Time Supply to Production

    Introduction In the modern, fast-paced manufacturing world, companies strive to optimize their processes for efficiency, cost-saving, and customer satisfaction. SAP’s next-generation Just-In-Time (JIT) Supply to Production provides an integrated solution that allows manufacturing entities to streamline their production processes, reduce inventory costs, and ensure that the right components arrive just when needed. Let’s dive into…

  • Inbound Vs Outbound JIT

    Inbound Vs Outbound JIT

    Introduction Have you ever wondered about the intricate dance of products and materials moving in and out of a manufacturing facility? It’s not just a matter of stocking up and shipping out. In the world of Just-In-Time (JIT) manufacturing, the flow is finely tuned to perfection. Let’s delve deeper into the realm of Inbound and…

  • Just-In-Time (JIT) and Just-In-Sequence (JIS) Processing in SAP S/4HANA

    Just-In-Time (JIT) and Just-In-Sequence (JIS) Processing in SAP S/4HANA

    Introduction The automotive industry is all about speed, precision, and meeting customer needs. A significant part of this involves ensuring that components are available exactly when they’re needed, and in the correct order. This is where Just-in-time (JIT) and Just-in-sequence (JIS) processing come into play. Today, we’re diving into how SAP S/4HANA, a leading enterprise…

  • Journal Entry Posting in SAP

    Preface – This post is part of the SAP FI series. Introduction Journal Entry posting in SAP FI is the process that takes a batch, validates it for consistency, then generates appropriate FI documents and posts entries in line-item accounts required for subsequent business processing. In this article, we will learn about G/L posting. How…

  • How to Open and Close Periods in Posting Period Variant in SAP

    Preface – This post is part of the SAP FI series. Introduction The Posting Period Variant is used to maintain the opening and closing period in the fiscal year for posting purposes. To learn how to a create Posting Period Variant, click < link to Create Posting Period Variant> In this article, we will learn…

  • How to Define Posting Period Variant in SAP

    Preface – This post is part of the SAP FI series. Introduction SAP Financial Accounting (FI) posting period variants are used to maintain the accounting periods. These accounting periods are open for posting and thus balance all the closed periods. Also, one or more company codes can be assigned to these posting periods. How to…

  • Field Status Variant and Field Status Group in SAP

    Preface – This post is part of the SAP FI series. Introduction SAP has provided a tool to assign the same properties to multiple objects, often termed a field status variant tool. The field status variant defines the input fields such as cost centre, plant etc. The field status group defines field type as a…

  • How to Define Document Type and Number Range in SAP FICO

    Preface – This post is part of the SAP FI series. Introduction In this article, we will learn: List of Account Types in SAP List of Standard Document Types in SAP How to define Document Type How to describe a Number Range List of Account Types in SAP Account Type Description A Asset D Customer…

  • Financial Statement Versions in SAP

    Preface – This post is part of the SAP FI series. Introduction Financial statement versions (FSV) help to group related accounts prepare the balance sheet and income statements for reporting purposes. SAP has provided a standard financial statement version for all the countries. As per the requirement, you can use the SAP standard FSV or…