Bank Accounting in SAP (FI-BL) – Introduction Bank Accounting in SAP is a sub-application within SAP Financial Accounting (FICO or S/4HANA Finance). It deals with managing accounting transactions with your banks. Further, it helps you to manage both incoming and Read more
Due to the similar terminology and functionality, one of the top questions these days people search is SAP Central Finance vs S4 HANA Finance or what is the key difference between Central Finance and Simple Finance. To answer it in Read more
What is SAP Product Costing? Product Costing in SAP is a core module that relies on the correct setup of master data in logistics modules to create cost estimates. These cost estimates help plan and analyze costs and their different Read more
What is SAP S4 HANA Finance? SAP S4 HANA Finance, also known as SAP Simple Finance is the new generation Finance module on the HANA Platform. It is one of the most important modules of the SAP Business Suite. It Read more
This list of SAP FICO Questions and answers mainly covers topics such as Foreign Currency Valuation, Documents Clearing, Open Items, GR/IR Clearing, Accounts Payable, Accounts receivable, Vendor Payment, APP (Automatic Payment Program), Payment Terms, etc. SAP FICO is the most Read more
This is a comprehensive list of SAP Product Costing Interview Questions that are truly based on the technical aspect of the subject. In these questions, I have focused on the most important segments of Product Costing (like configurations & settings). Read more
Like SAP’s other Projects, the Central Finance application requires a full environment of systems to function. The main components in the SAP Central Finance System Set up are: The Central Finance instance The SAP Landscape Transformation Replication Server (SAP LT Read more
To get a job in SAP FICO, you first learn the subject. Whenever you plan to do something, make a to-do list. This would help you to move systematically and you can see your progress too. I have made a Read more
Is a Career in SAP FICO good? Yes, a career in SAP FICO is still very good and demanding. It is even better if you are from an account or finance background. SAP is the leading ERP worldwide and its Read more
SAP FICO vs. S4 HANA Finance The main difference between SAP FICO and S4 HANA Finance is the technology used in them. SAP FICO works on the ECC model, while SAP S4HANA Finance (Simple Finance) is based on the in-memory Read more