SAP New GL Migration Scenarios (General Ledger Accounting) is used to define the ledger to be updated during posting. Though we cannot define our scenarios, we can use customer-specific fields. These New GL Migration scenarios are an important part of Read more…
SAP Central Finance – Introduction SAP Central Finance is a standard SAP solution delivered for easier, faster, better and cheaper adoption and subsequent operation of the central system for Finance. Hence, it reduces the effort and risk of customized project Read more…
Master Data in SAP FICO – Introduction There are two types of Data available in SAP. Master Data & Transactional Data. Master Data is the base for any posting of Transactions. In SAP, different dedicated tables are available for Master Read more…
What are Ledgers in SAP S4 HANA? Ledgers in SAP S4 HANA store different types of accounting documents. With this, the primary responsibility of General Ledger accounting is to provide a comprehensive picture of external accounting and accounts by reconciling Read more…
Why you should choose a career in SAP and what are its major benefits? Lets us learn in detail. SAP is known as a trending skill today. This profession carries lots of career opportunities and worldwide acceptance. Hence, it is Read more…
SAP Business Partner – Introduction The SAP business partner in S4 HANA is now a new way of managing master data for Business Partners, Customers, Vendors, etc. With current development, BP (Business Partner) is the single point of entry to Read more…
What is Document Splitting in SAP? Document Splitting in SAP is the new functionality introduced in SAP ECC 6.0 New GL to create segment financial statements. However, now it is mandatory in SAP S/4HANA technology. It is used to allocate Read more…
Profit Center Accounting in SAP is an important topic of SAP CO. Thus, usually, interviewers ask questions on this subject, considering important questions in SAP FICO interviews. Let’s learn a few of them with explanations. Q1. What is Profit Center Read more…
This article presents the top 14 SAP CO Interview Questions with practical-oriented answers. Controlling is an important part of SAP FICO configuration in any industry. Not only, does it needs in-depth knowledge of the subject, but also the practical know-how Read more…
Why is SAP S4 HANA Finance Certification Required? SAP S4 HANA Finance Certification is an authentication of your knowledge of the S4 HANA Finance module. It gives an edge over the non-certified people, who may have the knowledge but don’t Read more…