One or more document types can assign to number range. The number range is defined by document type and is responsible for generate the document number.
Category Archives: SAP FI
Almost every country has taxable transactions. The taxable transactions can be incoming or outgoing where input or output tax should apply. For example, customer/vendor transactions. The creation of tax codes for taxable transactions includes the below steps –
Almost every country has some transactions which are non-taxable. The non-taxable transactions can be incoming or outgoing where input or output tax should not apply. For example, Government transactions. The creation of tax codes for non-taxable transactions includes the below steps –
Segment is a division of a company for which the financial statements can be created for external reporting.
The General Ledger accounting task is to provide a comprehensive picture of external accounting and accounts. General Ledger accounting used to record all business transactions in a software system of a company and ensures the accounting data is always complete and accurate. General Ledger Accounting achieves other requirements for modern accounting:
Below process is to change P&L statmt acct type from X to XX in the G/L account 78787878.
Below process is to block the G/L Account 78787878.
Chart of Accounts(COA) is a list of all General Ledger accounts used by one or several company codes. The chart of accounts contains the account number, account name and the information that controls an account functions and a General Ledger account is created in a company code.
Below process is to delete the G/L Account 79797979.
Once the chart of account created, the next step is to assign a company code to the chart of account. Assigning company code to the chart of account is mandatory. The link is established between the company code and chart of account through assignment.