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    sap general ledger

    What is SAP R2R
    SAP FICO

    What is SAP R2R in S/4HANA? – Repord to Report

    What is SAP R2R? SAP R2R (Record-to-report) is a financial and accounting management process which ensures that all business transactions are recorded completely and accurately within an accounting system and its sub-ledgers. It includes sales, purchases, payments etc. Subsequently, all these transactions are ultimately collected and recorded in the general Read more…

    By Pradeep, 2 yearsApril 24, 2023 ago
    SAP-GL-Master-data-skillstek-450-×-350px
    SAP FICO

    GL Master Data in SAP

    GL Master Data – SAP General Ledger Accounts GL Master data in SAP control the posting & Processing of accounting transactions to G/L accounts. In order to post anything to General Ledger, GL Master data is mandatory. G/L Accounts General Ledger (G/L) accounts are the fundamental master data in FI. Read more…

    By Pradeep, 3 yearsSeptember 9, 2022 ago
    SAP New GL- Featured in Skillstek
    SAP FICO

    SAP New GL Overview – Benefits. Functions. Types

    SAP New GL – Solution to Classic GL Shortcomings SAP New GL addresses the shortcoming of the traditional accounting systems in SAP ERP. It provides the required flexibility in accounting and reporting with enhancement packages including EHP 7 – ECC 6. The primary task of SAP General Ledger accounting is Read more…

    By Pradeep, 4 yearsAugust 2, 2021 ago
    SAP New GL Migration Featured Image - Skillstek
    SAP FICO

    SAP New GL Migration – A Quick Overview

    What is SAP New GL Migration? SAP New GL Migration is the migration of data from the classic General Ledger Accounting to New General Ledger Accounting in SAP FICO. It helps to integrate Managerial Accounting and Financial Accounting while reducing the cost of the project. When do we need to Read more…

    By Pradeep, 4 yearsFebruary 28, 2021 ago

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