system automatically calculate the planned depreciation as per the new rate...
Let’s say you have changed the depreciation rates in one of the depreciation keys due to changes in legal requirements. Does system automatically calculate the planned depreciation as per the new...
View ArticleIs it possible to calculate multiple shift depreciation in SAP?
Is it possible to calculate multiple shift depreciation? Is any special configuration required?Yes it is possible to calculate multiple shift depreciation in SAP for all types of depreciation except...
View ArticleHow do you maintain multiple shift depreciation in asset master in SAP?
The following steps are needed to maintain multiple shift depreciation:1. The variable depreciation portion as a percentage rate is to be maintained in the detail screen of the depreciation area.2. The...
View ArticleWhat are evaluation groups in SAP FICO?
What are evaluation groups?The evaluation groups are an option for classifying assets for reports or user defined match code (search code). You can configure 5 different evaluation groups. You can...
View ArticleWhat are group assets in SAP?
The tax requirements in some countries require calculation of depreciation at a higher group or level of assets. For this purpose you can group assets together into so-called group assets.
View ArticleIntegration with the general ledger in SAP FICO?
What are the steps to be taken into account during a depreciation run to ensure that the integration with the general ledger works smoothly?For each depreciation area and company code, specify the...
View ArticleHow do you change fiscal year in Asset Accounting in SAP FICO?
Run The fiscal year change program which would open new annual value fields for each asset. i e next year The earliest you can start this program is in the last posting period of the current year. ...
View ArticleIs it possible to have depreciation calculated to the day in SAP FICO?
Is it possible to have depreciation calculated to the day?Yes it is possible. You need to switch on the indicator “Dep to the day” in the depreciation key configuration.
View ArticleHow are Capital Work in Progress and Assets accounted for in SAP?
How are Capital Work in Progress and Assets accounted for in SAP?Capital WIP is referred to as Assets under Construction in SAP and are represented by a specific Asset class. Usually depreciation is...
View ArticleHow do you create 10 asset masters at the same time in SAP FICO?
The company has procured 10 cars. You want to create asset masters for each of this car. How do you create 10 asset masters at the same time?While creating asset master there is a field on the initial...
View ArticleHow do you go about setting the FI MM account determination ?
FI MM settings are maintained in transaction code OBYC. Within these there are various transaction keys to be maintained like BSX, WRX, GBB, PRD etc. In each of these transaction keys you specify the...
View Articlecapitalization be posted in the subsequent years in SAP FICO?
Is it possible to ensure that no capitalization be posted in the subsequent years?Yes it is possible. You need to set it in the depreciation key configuration.
View ArticleFI-MM, FI-SD account determination settings
At what level is the FI-MM, FI-SD account determination settings?They are at the chart of accounts level.
View Articlecreating the GL codes for Inventory accounts in SAP FICO
What are the additional settings required while maintaining or creating the GL codes for Inventory accounts?In the Inventory GL accounts (Balance sheet) you should switch on the ‘Post automatically...
View ArticleSAP Consultant job -Sage Consultant / Leading CRM / ERP
SAP Consultant job -Sage Consultant / Leading CRM / ERP An experienced, enthusiastic and versatile individual is required to join an established team providing the full range of technical services...
View ArticleSAP ERP Consultant PP / MM Jobs
SAP ERP Consultant PP / MM JobsJob Description: Our client, a major international manufacturing and research organisation, requires a permanent SAP Consultant to ensure the continued smooth-running and...
View ArticleSAP Consultant Real Estate module Brussels EUR500 / day
SAP Consultant Real Estate module Brussels EUR500 / dayThis 6 month contract is to work for a well respected IT Solutions provider in their Brussels office. We are looking for a SAP Consultant that is...
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SAP EDI Inter-Company Billing - Automatic Posting To Vendor Account
SAP EDI Inter-Company Billing - Automatic Posting To Vendor AccountInter-Company Billing - Automatic Posting To Vendor Account (SAP-EDI)Automatic posting to vendor account is done by EDI. In our case...
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How to Copy or Upload Excel Journal Entry to SAP
Copy or Upload Excel Journal Entry to SAPSAP F.02 Copy from .XLS Excel Journal EntryYou can copy journal entries from Excel (.xls) and & paste them into SAP FB50 and F-02.-when in FB50, fill out...
View ArticleSAP SD important transaction codes
SAP SD related transaction codesCustomerXD01 Create Customer (Centrally)XD02 Change Customer (Centrally)XD03 Display Customer (Centrally)XD04 Customer Changes (Centrally)XD05 Block customer...
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SAP SPRO Chart of Accounts & Company Code
SAP SPRO Chart of Accounts & Company CodeThough you can have multiple Charts of Accounts in SAP,company codes are assigned to only one chart of accounts.This is done in configuration (SPRO)(T-code:...
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SAP F.81 Reverse Accrual Defferal Doc
SAP F.81 Reverse Accrual Defferal DocumentPrevious month you have entered accrual entries using SAP T_code : FBS1To reverse the accrual documents do the following :1. Go to T_code : F.81.or from Menu...
View ArticleSAP LSMW Example with Description
SAP LSMW Example with DescriptionLSMW read documents and convert the contents to the target structure and the corresponding fields.Then the data from the target structure create a SAP format of the...
View ArticleSAP LSMW Data migration for Create Vendor (XK01)
SAP LSMW Data migration for Create Vendor (XK01) SAP LSMW for data migration for XK01 transaction.You can create lsmw for data migration as follows (using session method):Example for xk01 (create...
View ArticleSAP SD relationship tables of SO, Delivery & Invoice
SAP SD Relationship between sales order number, delivery number and billing number tablesVBELN is the field name in the tables of VBAK (sales order), LIKP (delivery) and VBRK (billing).VBFA table...
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