- Sap fico black book covers sap ecc 6.0 free download pdf code#
- Sap fico black book covers sap ecc 6.0 free download pdf series#
Modifying the SAPdelivered posting key is not recommended. This determines whether a line item entry is debit or credit as well as the possible field status for the transaction. On the other hand in G/L accounts diffrerentiation is made by field status groups. Since the sub-ledgers (AR, AP) do not have a field status group, differentiation is made mainly by different posting keys. No postings can be made until this is done. This field status variant is assigned to the company code. The field status groups are collected under one field status variant. Field status groups are assigned on the the respective G/L master records.
Sap fico black book covers sap ecc 6.0 free download pdf series#
There are a series of such rules which are grouped under field status group for each category of G/L account. Thus it determines the screen layout of the G/L accounts. For ex: will text be required, suppressed or optional etc.
Field status determines the status of every document entry field for G/L account. It is always advisable to keep as many field as possible optional, and make only the important fields required or suppressed. It is important that field status of accounts mesh withįield status group of the posting keys or movement types. This controls additional account assignments. SAP gives the possibility of utilizing multiple retained earning accounts (Each G/L account would be assigned to one retained earning account) It is used in relation to an income account.
Sap fico black book covers sap ecc 6.0 free download pdf code#
The field status for account groups controls the field that can be configured in the company code setup of G/L accounts. Unlike other number intervals, G/L Account interval number ranges can overlap.ĥ. At a minimum it is necessary to have at least two account groups. Give COA name, description, length of GL account numberĬonfiguring SAP R/3 System Financial Controlling (FICO) (Business Processes & Transaction Codes) Compiled by SAP FICO Consultant Ademola Oduyemi Profit (Revenue) Loss (Expenses).Īccount group contain a number interval specified by a lower and upper limit that controls the numbering for the G/L account Account group determines which fields you can configure on the G/L master record. A Chart of Accounts may have many Company Codes assigned to it. One or more Chart of Accounts can be created per Client, but a Company Code can be assigned to only one Chart of Accounts. Ass Assign ign Com Company pany Code Code (T. Financial statement version is used used by SAP to form a s company’s standard balance and P/L statements.ģ. Make sure you select the financial statement version that goes with your COA. Code –OBY7) AccountsĮffect in FICO Generally, each SAP-delivered Chart of Account has a corresponding financial statement version already created. General ledger Configuration Description/Task Transaction code 1. If each fiscal year of a Fiscal Year Variant uses the same number Having 4 special period gives a lot of flexibility, you may want to use one special period for each quarterly and and year – end audit and tax adjustment.
12 of which are regular, the remaining 4 are special posting periods which are used for things such as posting audits or tax adjustments to a closed fiscal year. SAP allows a max of 16 Posting periods each fiscal year. Company code is the smallest organizational unit for which complete, selfcontained set of accounts can be drawn up for external reporting purposes When you copy from an existing company code the it copies the following :Definition Global parameters Customizing tables (approximately 315) General ledger accounts (if desired otherwise you can create on your own) Account determination Fiscal year variant determines the posting periods to be used by client, it should be configured to meet the client’s fiscal year. Configuring SAP R/3 System Financial Controlling (FICO) (Business Processes & Transaction Codes) Compiled by SAP FICO Consultant Ademola Oduyemiġ) Defi Define ne a Com Compa pany ny Enterprise Enterprise StructureĢ) Defi Define ne, Copy Copy Del Delet etee Company Codeģ) Crea Create te Fis Fisca call Year Year VariantĬompany is the smallest organizational unit for which individual financial statement can be drawn according to the relevant commercial law.