Accounts receivable process in SAP is crucial for your financial record keeping. It helps most of the businesses to maintain their cash flow in correct order. The end-to-end AR process begins with the creation and maintenance of customer master data (general, company code, and sales area data) in transaction XD01/FD01. Sales orders created in SD […]
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SAP FICO transaction codes (Financial Accounting and Controlling) is a core module in SAP ERP that manages financial transactions, reporting, and cost control. Transaction Codes (T-Codes) are alphanumeric shortcuts (e.g., FB01, KO88) used to quickly access specific functions, bypassing complex menu navigation. In FI, key T-Codes handle general ledger (GL) postings (F-02), accounts payable (F-53), […]
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In today’s digital economy, SAP FICO—SAP’s Financial Accounting and Controlling module—stands as the gold standard for enterprise resource planning (ERP) in finance. Why smart finance pros are rushing to learn SAP FICO will no longer be a puzzle for you once you read this article. Savvy professionals are flocking to master it amid surging demand […]
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Year end activities in SAP FICO is quite a complex process. These activities involve closing the fiscal year, reconciling accounts, and preparing financial statements. Now, it sounds quite complex and while you implement the process it becomes more complex. So you need to break down your work step by step. Key tasks include finalizing general […]
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SAP FICO vs SAP HANA Which software is better for a student to learn? This is one of the debatable and confusing topics among the students. If you are also facing the same issue then this article can be a great solution for you. You need to understand the core differences between the two concepts […]
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The order to cash process in SAP is one of the most critical business processes that helps to manage the lifecycle of the customer order. It helps you in order placement to payment collection as it involves complete sales and distribution models. A sales order is there to document the request of the customer that […]
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