How to Assign Material Ledger Types to Valuation Area in SAP S/4 Hana After the configuration of the Assignment of currency types and Material Ledger Types, the next configuration step is the assignment of material ledger types to the valuation area in the SAP S4 Hana system. The link between Material Ledger Type “1000” and Valuation Area AP01 will be
Read more →How to Assign Chart of Depreciation to Company Code in SAP Hana After maintaining the chart of depreciation in SAP, the next Asset Accounting Configuration is the assignment of the chart of depreciation to company code in SAP S/4HANA. You must assign a chart of depreciation to each company code that you defined in Asset Accounting Through this assignment, we
Read more →How to Define Condition Types in SAP S4Hana Condition types determine the pricing of a condition record. Based on business requirements, condition types can be created for each kind of price, and discounts that occur in your business transactions. The access sequence key will be linked to the condition type and you will map the access sequence key for every
Read more →How to Activate Business Place in SAP S/4Hana In this SAP tutorial, you will learn how to activate the business place features in the SAP S4 Hana system. The business place is activated at the country level/ Region Level. You can activate the business place by using the following configuration steps: SAP IMG Path: SPRO > SAP Reference IMG >
Read more →Types of Projects in SAP The different types of projects in SAP that are involved are Implementation / Development Project Support and Maintenance Project Roll Out Project Upgradation Project / Migration Project Enhancement project Tip: It is one of the important question that are asked during the real time interviews for freshers and experienced candidates. 1. Implementation Project It is
Read more →How to Check Version of SAP If you have a question what is the present version of SAP system that I am using, then here a complete step-by-step instructions that you can easily check version of SAP that you are using. The SAP software has been evaluating from time to time and upgrading its products from one version to other
Read more →What is Client in SAP A Client is the highest organizational element of SAP system’s organizational structure that contains User Master Data, Customizing data and Application Data. An SAP S4Hana system can contain or more clients in logical systems and you can log on to SAP S4 Hana system in a specific client. In SAP system, a client is identified
Read more →This SAP Fico tutorial guides you on how to define the financial management area in SAP. Financial Management Area in SAP Financial Management Area in SAP {FM Area} is an important organizational unit used in funds management and budget management in SAP. Menu Path: Implementation Guide for R/3 Customizing (IMG) -> Enterprise Structure -> Definition -> Financial Accounting -> Define
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What is SAP FICO ?? SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the complete financial transaction data of an organization. What exactly SAP FICO module is SAP FI is the important module of all SAP implementations SAP FI ( Financial Accounting )
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What does ERP Stands for ERP stands for Enterprise Resource Planning, and ERP is the world’s largest enterprise software used for controlling business processes let’s define what does ERP stands for and the meaning of ERP? The term ERP was coined by Gartner Group in the 1960s. Enterprise Resource Planning (ERP) software places its focus on integrating an organization’s departments
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