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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
What is a Retained Earnings Account? The retained earnings account is used to post the income and expenditure for the year. It holds the balance of […]
In this article, we will learn: To create a new G/L account To display changes To Delete and block the G/L account How to create a […]
General ledger payroll posting involves posting the payroll results to the appropriate General Ledger accounts and cost centers. Following a payroll run, one of the following […]
Introduction The SAP FI chart of accounts represents the list of the company’s GL accounts used to meet the daily needs and legal requirements of a […]
