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Understanding Parallel Accounting in International Business

Validation and Substitution are functionalities used to enforce business rules and automatically modify data entered in SAP system

Document splitting in SAP S/4 HANA allows you to display documents using a differentiated representation.

SAP Document Change Rules refer to the configuration settings that determine which fields in financial documents can be changed

Withholding Tax Configuration in SAP S4 HANA

Taxes on Sales & Purchase GST Configuration in SAP S4 HANA FI

Accrual & Deferral is a document method that involves making provisions at the end of a month and reversing them on the first working day...

In SAP, there are various types of projects based on their nature and objectives.

Recurring document in SAP is a business transaction that repeats regularly. Sample document is a reference document for original document.

Hold Document - Hold Document refers to a Temporarily saved document for incomplete data or contain valid information but are not ready...

General Ledger document posting refers to the process of recording financial transactions in the G/L accurately, and it provides a basis. ..

General Ledger Account Master Data : G/L Master data in SAP FICO is the information that records transactions. Transactions are posted on...

Automatic Payment Program (APP) is functionality of posting accounts payable like payment to a vendor based on vendor invoices...

Data Migration Cockpit (DMC) in SAP is a tool within the SAP system that is used to migrate data from Legacy data system into the SAP

In order to Manage Bank in SAP S/4 HANA we need to configure in SAP system and in Fiori. STEP 1: Using T-Code FBZP >> In House Bank...

A Profit Center in SAP is a key organizational unit used for internal management accounting and reporting purpose.

Cost Center Accounting in SAP S/4 HANA is a component of SAP CO module, which is used to manage and control expenses associated with Costs.

"APP" stands for "Automatic Payment Program." It is a functionality within SAP that allows organizations to automate the payment process...

Controlling is a module in SAP that helps Planning, Managing, Analyzing and Reporting related to Costs and profits. It is used for Internal

To Personalize your SAP screen's look, follow these Steps to change the SAP Screen Theme: STEP 1: Go to More> SAP GUI Settings and...