Account assignment in controlling module includes both a cost element and a real cost object assigned to it. The principle rule of SAP is that, transactions posted into controlling module through a primary cost element must be assigned with a real cost object. Following cost objects are used in SAP controlling module; Cost Center Internal Order Sales … [Read more...] about Real vs. statistical posting in SAP controlling module
Archives for June 2013
OSS Notes – Where I can see SAP Note
OSS stands for Online Support System. OSS is a tool provided by SAP to help the customer for solving there problems. Through OSS notes sap provides update on patches and provide up to date information. A SAP Customer can login with his ID and Password to raise a ticked for there issues in SAP but this service are not extended if you have modified or extended the functionality … [Read more...] about OSS Notes – Where I can see SAP Note
How to create Profit Center master and Group in SAP
Profit center is an organizational unit in accounting that reflects a management-oriented structure of the organization for the purpose of internal control. Example In a company we have different plants and each plants are responsible for there product produced or the services they render. If you want your company to be divided into different responsibility area based on … [Read more...] about How to create Profit Center master and Group in SAP
What is ERP and Why SAP is a best ERP Package?
ERP stands for enterprise resource planning. ERP is a system which integrates management of a business as a whole, for effective use of management resources, and to improve the efficiency of an enterprise. Initially, ERP was targeted for manufacturing industry mainly for planning and managing core business like production and financial market. As the growth and merits of ERP … [Read more...] about What is ERP and Why SAP is a best ERP Package?
Change or Display a Cost Center Standard hierarchy
After creating a CCA standard hierarchy, the name of the hierarchy can not be changed. Only possible changes that can be done is the description of the standard hierarchy. By using this screen the cost center master and it's groups can be assigned to a CCA standard hierarchy can also be changed. Please remember if you created cost centers and then tried to change the CCA … [Read more...] about Change or Display a Cost Center Standard hierarchy
How to Define Cost Center Standard Hierarchy in SAP Controlling
Cost Center Standard Hierarchy play a major role in SAP controlling area. Cost Center should be assigned to any one of the group available in CCA Standard Hierarchy. Once you assigned it the name cannot be changed. CCA hierarchy is used for the following purpose; Cost booked under a group or several group of a CCA standard hierarchy can be obtained in one report. Cost … [Read more...] about How to Define Cost Center Standard Hierarchy in SAP Controlling
Statement of deduction of tax under subsection (3) of section 200
Every person responsible for deduction of tax under Chapter XVII‐B, shall, in accordance with the provisions of sub‐section (3) of section 200, deliver, or cause to be delivered, the following quarterly statements to the Director General of Income‐tax (Systems) or the person authorised by the Director General of Income‐tax (Systems), namely:‐ Statement of deduction of tax … [Read more...] about Statement of deduction of tax under subsection (3) of section 200
Statement of collection of tax (TCS) – Form 27EQ under Section 206C (3)
Every collector, shall, in accordance with the provisions of the proviso to subsection (3) of section 206C, deliver, or cause to be delivered, to the Director General of Income‐tax (Systems) or the person authorised by the Director General of Income‐tax (Systems), a quarterly statement in Form No. 27EQ Statements referred to above for the quarter of the financial year ending … [Read more...] about Statement of collection of tax (TCS) – Form 27EQ under Section 206C (3)
How to protect your credit card CVV number from any misuse
CVV stands for Card Verification Value. Credit card CVV number is an extra three or four digit security code printed on the back of your debit card or credit card which you need to enter each time a payment is made or you are not present to sign a receipt like in the case of online transactions. Credit card CVV number is used as an authentication method to establish the … [Read more...] about How to protect your credit card CVV number from any misuse
OBY6 – How to maintain Company Code Global Settings in one T Code
Company code global setting is a place where you can assign various fields to your company code or you can see what things assigned to your company code. If you are a not finance person and wanted to see the setting specific to a company code then this is the place for you. Path for Company Code Global Settings: SPRO > Financial Accounting > Financial Accounting Global … [Read more...] about OBY6 – How to maintain Company Code Global Settings in one T Code