Journal Entry Posting in SAP

by | May 1, 2022 | SAP, SAP FI, SAP Modules

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...

How to Define Posting Period Variant in SAP

by | May 1, 2022 | SAP, SAP FI, SAP Modules

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...

Financial Statement Versions in SAP

by | May 1, 2022 | SAP, SAP FI, SAP Modules

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...
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