Anyone with a credit card is a potential target for fraudsters. It is vital that you guard your credit card in the same manner that you guard the key to your home. In recent past, many fraudster use fraudulent, but authentic-looking, branded emails and web sites from parties pretending to be legitimate companies whereas it is a malicious attempt to collect your credit card … [Read more...] about How to prevent Credit card fraud – 11 things to remember
Archives for June 2013
Difference between Financial and Management Accounting
Accounting is a systematic process of measuring the economic activity of a business to provide useful information to those who make economic decisions. Based on the nature of decisions, accounting is divided into following three major types; Financial accounting is the language of business and focuses on reporting to external parties such as investors, government agencies, … [Read more...] about Difference between Financial and Management Accounting
What is Accounting Cycle
The accounting cycle is a series of steps by which the company initially identifies, analyzes, records information for every accounting event and convert it to financial statements. The steps of the accounting cycle begin when a financial transaction occurs and ends when you prepare financial statements. Here are all most all the steps that a company follow in it's accounting … [Read more...] about What is Accounting Cycle
Transaction Code for Profit Center Accounting
Sl.No. Particulars Transaction Code I TCode For Basic Settings 1 Maintain Controlling Area Settings 0KE5 2 Creation of Dummy Profit Center KE59 3 Set Control Parameters for Actual Data 1KEF 4 Maintain Plan Versions OKEQ 5 Maintain Number Ranges for Local Documents GB02 6 Change PCA Standard Hierarchy KCH5N 7 Display PCA … [Read more...] about Transaction Code for Profit Center Accounting
Transaction Code for Internal Order Management
List of tcodes used in internal order configuration. By using these tcodes you can configure internal order in sap. Sl.No. Particulars TCode I TCode For Basic Settings 1 Creation of Internal Order Types KOT2 2 Creation of Internal Orders KO01 3 Creation of Internal Order Groups KOH1 4 Posting of Transactions in FI F-02 5 To … [Read more...] about Transaction Code for Internal Order Management
Transaction Code for Cost Center Accountings – SAP CO
List of SAP transaction codes for customization of cost center accounting in sap. Sl.No. Particulars TCode I TCode for Basic Settings 1 Creation of Cost Center KS01 2 Creation of Cost Center Group KSH1 3 Posting of Transactions in FI F-02 4 To View Cost Center Wise Report KSB1 5 Repost CO Line Items KB61 6 Repost … [Read more...] about Transaction Code for Cost Center Accountings – SAP CO
Transaction Code for controlling area Settings
By using following tcodes you can customize your controlling area related to your controlling module. Sl.No. Particulars TCode I TCode For Basic Settings 1 Maintain Controlling Area OX06 2 Activate Components/Control Indicators And Assignment of Company Codes to Controlling Area OKKP 3 Maintain Number Ranges KANK 4 Maintain … [Read more...] about Transaction Code for controlling area Settings
Transaction Code for MM to FI Integration
You can integrate both MM and FI by using following transaction codes. This is a step by step procedure related to both the modules where you can create all the necessary components and use it for MM and FI integration. Sl.No. Particulars Transaction Code I Transaction Code For Basic Settings from MM Side 1 Define Plant OX10 2 Define … [Read more...] about Transaction Code for MM to FI Integration
Transaction Code for Financial Statement Version and Other Important Reports
Sl.No. Particulars Transaction Code I TCode For Financial Statement Version 1 Creation of Financial Statement Version OB58 2 To view Balance Sheet and Profit and Loss Account F.01 S_ALR_87012284 II TCode For Closing Procedures Transaction Code 1 Carry Forward of Vendors and Customers Closing Balances F.07 2 Carry Forward of Asset … [Read more...] about Transaction Code for Financial Statement Version and Other Important Reports
Transaction Code for Asset Accounting
Sl.No. Particulars Transaction Code I Transaction Code For Basic Settings 1 Copy Reference Chart of Depreciation/Depreciation Areas EC08 2 Assign Tax Codes for non-taxable transactions OBCL 3 Assign Company Code to Chart of Depreciation OAOB 4 Maintain Number Ranges for Asset Master Data AS08 5 Maintain Asset … [Read more...] about Transaction Code for Asset Accounting