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General SAP
Home Archive by Category "General SAP"

Category: General SAP

General SAP

Configure company code for all FICO sub modules

In this blogpost we will see how to configure company code in all FICO sub modules. This blog will be a collection of SAP College YouTube videos, where all sub modules configuration steps explained in sequence.

Setup FI-GL module (Create Company code)

Company code configuration step by step guide in 14 steps. Configure usable company code in 15 minutes. Ready to post documents.

Download free document of configuration steps to setup FI GL AP AR AA CO module:

Configuration steps to setup new company code

Below is the video content:

00:01 Introduction

00:45 Create company code OX02

01:38 Create company OX15

02:24 Assign company to company code OX16

02:58 Create Chart of Account OB13

04:00 Create Account groups OBD4

05:05 Define posting period variant OBBO and maintain post period OB52

07:08 Define field status variant OBC4

07:39 Set Global Parameter OBY6

09:09 Tolerance group OBA4

10:10 Define tolerance group for GL OBA0

10:52 Define additional currencies for Company code OB22

12:50 Define number range FBN1

15:20 Define retained earning account OB53

17:01 Create GL Master record FS00

19:10 Post Document FB50

24:45 Conclusion

Accounts Payable and APP configuration steps

Complete Accounts Payable and Automatic Payment program setup in SAP. Configure AP & APP setup to successfully post AP Invoice and run Automatic payment program (F110).

Accounts Receivable and Dunning setup

What are the mandatory steps to follow for new company code to extend it in SAP AR Module. A brief overview and to the point action items in 10 minute.

Asset Accounting and Controlling Area Setup

Complete setup of Enterprise Asset Management in SAP. Extend your company code to asset accounting in few steps. In this video we have extended our company code to Asset Accounting and Controlling submodule. To test the configuration, we have created asset master data, acquisition of asset and posted depreciation on same asset.

eBook: Classic vs New Asset accounting

What has been changed in New Asset Accounting

Project System Setup

Coming Soon.. on SAP College YouTube Channel, Subscribe to stay tune

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SAP College April 19, 2022 0 Comments
General SAP

How to Install SAP GUI in Windows and Mac?

For Windows:

Install SAP GUI from below link

SAP GUI

Watch below video for installation guide

For MAC M1

Follow this link guide

For MAC

Follow this link guide

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SAP College April 19, 2022 0 Comments
General SAP

Material price calculation in PO, GR, and Invoice

In this blogpost we will see how material price is calculated in procure to pay process

Price determination at purchase order

At purchase order, material price gets determined automatically. So how does it determine?

Material price is determined in below sequence:

If material is maintained with standard price (S)

  • Then PO will have price from material master

If material is maintained with Moving average price (V), then it will be determined in below sequence:

  • Price from contract
  • From info record
  • Condition record
  • Last PO price (depends on parameter maintained)

Price determination at GR

When goods receipt (GR) is performed, the purchase order price is used in posting corresponding accounting document.

Let’s understand amount calculation in good GR:

When good receipt (GR) is performed, below accounting document gets generated (In case of moving average price):

When good receipt (GR) is performed, below accounting document gets generated (In case of Standard price):

In this case price difference will be posted to transaction key PRD (To assigned GL in OBYC)

Inventory account is always posted with standard price of material maintained in material master.

GR/IR clearing account is always posted with PO price.

When invoice receipt (IR) is performed, below accounting document gets generated (In case of moving average price):

Any price difference will be booked on inventory account (material)

Also Read: Useful reports in Material Management

When invoice receipt (IR) is performed, below accounting document gets generated (In case of standard price):

Any price difference will be booked on PRD transaction key (to GL assigned in OBYC)

So in conclusion, GR/IR prices are always influenced through PO except when material is maintained with standard price control.

When material is maintained with standard price control it causes price difference and then that is posted on price difference account which is maintained in OBYC transaction.

Get SAP Server Access – ECC & S4HANA

Read this SAP Help post on same topic for more information.

Hope you enjoy this short post on PO pricing. If so then do sign up with our newsletter below to get notification of new blogposts.

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SAP College March 18, 2022 0 Comments
General SAP

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“Live as if you were to die tomorrow. Learn as if you were to live forever.”

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With this two insightful quotes, we invite you to join our free Newsletter where every week, we explore new topics of SAP world, we explore new technologies that are developing around the ERP world and bring our learnings to you.

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SAP College March 14, 2022 0 Comments
General SAP

Everything about FEBKO & FEBEP Table (Part 2)

This is second part of this blog series. (Read first blog here – FEBKO details)

In continuation with previous blog, we will start this one with FEBEP table.

Introduction

FEBEP table stores line item records of bank statements. FEBKO & FEBEP table can be compared with BKPF & BSEG table, earlier one stores header information and latter one stores line item information.

If you check FEBEP Table fields, you can notice it is hard to directly look into FEBEP table without referencing FEBKO table. So you should always start your search from FEBKO table, where you have various key fields to narrow down your result data as per the requirement. Once you got the relevant entries in FEBKO which you need to further dig into line item level, then you can take the common field ‘short key – KUKEY’ and search for it in FEBEP table.

FEBEP Table field details

Lets execute one record and start checking FEBEP table field

First field is short key, unique key for each statement and common field between FEBKO & FEBEP

Then we can see LC field i.e. line item completed. It will show if the posting of this particular line is completed or not.

So in FEBEP table there will separate line for each transaction of bank statement.

U1 & U2 field represents posting area 1 & 2 postings. If the line item is associated with posting rule, which has accounting entry in two areas, then system will check if both areas are posted or not. This can be verified by x mark in U1 & U2 field.

Document number & posting date  is document posted in SAP against statement transaction.

Read Blogpost: Tips and tricks on Bank Reconciliation in SAP

Further we have fields like account currency, amount of transaction. BTC – Business transaction code is used to determine posting rule based on the mapping in OT83. So here in FEBEP, system will capture the BTC (VORGC) from bank statement and search in OT83 if there is any external transaction code available of same character, if it is available then system will put it into FEBEP external transaction field (VGEXT). Posting rule (VGINT) will be determined from external transaction code.

There are several fields for partner bank details. These will be populated in case of clearing open vendor invoice.

Then there are various BDC fields available, which are supported by search string. If you remember there are various options available in search string setup to manipulate the final posting.

Then there will be fields like interpretation algorithm, it will have interpretation algorithm number which is used to post this line.

This all field data will make sense if you know the underlying configuration and how it evolve in each process. If you want to learn search string configuration, interpretation algorithm & posting rules with multiple posting areas, then you can read this ebook.

With this we have come to an end of this two part series blogpost. Hope you enjoyed reading it and learned few things. You can subscribe below to receive email update of every new blogpost:

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SAP College February 21, 2022 0 Comments