Carry forward receivables and payable balances can be executed through transaction code F.07 or through following path; SAP Used Menu > Accounting > Financial Accounting > Accounts Payable > Periodic Processing > Closing > Carry Forward > F.07 – Balances F.07 is used to carry forward balances of both customer and vendors. Through this transaction code … [Read more...] about Carry forward receivables and payable – F.07
Archives for July 2013
General Ledger Account Line item Display – FBL3N
Through transaction FBL3N (General ledger Account Line Item Display) you can display the balances of those general ledger accounts which are managed with line item display. All the line items for reconciliation accounts can also be viewed with this transaction code. The line item display configuration is done while creating a general ledger account with transaction code … [Read more...] about General Ledger Account Line item Display – FBL3N
What is the use of Sort Key in General Ledger Master – Company Code Segment
You assign the sort key to a general ledger master in company code segment related to a particular company code. When you assign this sort key, the assignment field of a line item is automatically filled in based on the selection of sort key. If you select the sort key as posting date then the assignment field in the line item is filled with the posting date and all the line … [Read more...] about What is the use of Sort Key in General Ledger Master – Company Code Segment
Important fields in a Customer Account Master Data – SAP FI
While creating a customer account master you need to give specific attention to certain fields which are enumerated below; You have to define a name or an abbreviation for the customer a/c in this field so that the customer a/c can be searched by that word or abbreviation. Line item display and open item management are configured as a default for every customer a/c you … [Read more...] about Important fields in a Customer Account Master Data – SAP FI
How to create a posting key in SAP
Posting key in SAP is used to control the entry of a document line item. In SAP a posting key determines the account type, debit and credit of a line item and the screen layout or filed status of the entry screen. While posting a document to Sap you need to enter a posting key before entering each line items and by that the debit and credit entry of the item will be known to … [Read more...] about How to create a posting key in SAP
Maintain Number Ranges for controlling area
Number ranges are defined for a controlling area to get posting all the controlling documents generated and posted to controlling module. You can track any controlling document by the document number created with the help of number range. To define it for controlling area, you use the transaction code KANK. You can also follow the following path to create number range for … [Read more...] about Maintain Number Ranges for controlling area
How to define a operating concern in SAP
Operating concern or OPCON is the highest organizational structure in SAP controlling module if you want to implement SAP Profitability Analysis (COPA). Your business will be divided into different segments (i.e. by product, marketing and other segments) and each segment’s profitability can be analyzed through this module. It's creation is client independent i.e. if you create … [Read more...] about How to define a operating concern in SAP
Public Limited Company – Minimum requirements and Advantages
Public limited companies are incorporated or registered in India under the Indian Companies Act 2013. As per the present law, Public limited company are defined as a type of organization which is not a private ltd company i.e. It's not managed privately by group of individuals. Shares are freely traded by the public and the organization registered as a public limited … [Read more...] about Public Limited Company – Minimum requirements and Advantages
Private Limited Company Requirements
Private Limited Company is registered in India under the companies act, 1956 with not less than 2 members and not more than 50 members as its subscriber. It's less cumbersome to organize and operate as there are certain legal exemptions to follow. In India most of the family businesses are run in the name of a private limited company. It does not trade in a stock exchange and … [Read more...] about Private Limited Company Requirements
Company Registration Procedures in India – For Private Limited Company
Company form of business is the most common corporate structure in India. A company is a business entity which has its own legal identity and registered under the companies act 2013. Out of the options available to register, private limited company is the most popular type of corporate legal entity registered in India. Registrations of these companies are overseen by the state … [Read more...] about Company Registration Procedures in India – For Private Limited Company