Now the system closes the fiscal year in a company code if it satisfies some of the conditions. The first condition is the system found no error during calculation of a depreciation like incorrectly defined calculation keys and incorrectly defined numbers. Then next is the planned depreciation [...]
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Hello everyone! In today’s session, we’ll learn about year end activities related to the finance domain. Now we have learned about month end activities in our previous session. In month end activities, it consists of finalizing financial accounting postings, then settlements of [...]
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Hello, everyone. In today’s session, we’ll learn about month end activities and the finance model. Now month end activities itself means finalizing financial accounting processes, now under month end activities we can have finalizing the financial account postings, we can finalize [...]
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After WIP calculation and month end process, next we’ll see how to do the settlement of orders which are in WIP, that is work in process. Now here we have seen that in month end process if we need to calculate the finance report, we need to use a transaction code CO88 and KO88. So […]
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Next, we’ll see how to get the actual cost of production order settled. Now for this, we’ll use the transaction code KO88. Let us see how to do that. So this is the actual order settlement screen, that is of production. Here we’ll have to provide the order number and [...]
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Hello everyone, in today’s session, we will learn about controlling and costing in SAP Finance. Now before moving ahead with this session, let us summarize what we have learnt from our previous session which was on Dunning Process. As we all know that dunning is a process of reminding the [...]
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Calculate Interest on Areas without Posting (F.4C) After correspondence and interest calculation on MSMED, next, we’ll explore about calculating interest on areas without postings. So we’ll use the transaction code F4C. This is the navigation i.e. the SAP menu path for calculating [...]
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Restrictions for Payment Notices We have seen about payment notices, which are sent to the business partners, but we have certain restrictions for payment notices. Let us see what are the restrictions applied to the notices. First is, only incoming payment postings made with the functions [...]
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Hello everyone. In our today’s session, we’ll learn about the Dunning process related to sales and distribution. Now dunning in simple terms is a process of reminding the customers about the outstanding payments period wise. So dunning process is nothing but reminding the customers [...]
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Hello, everyone. In our today’s session, we’ll learn about reversals techniques and editing documents in SAP Finance. Now before moving ahead with this session, let us summarize what we have learned from our previous session, which was on sales and distribution. We have seen the process [...]
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