Real depreciation area is commonly used depreciation area that actually stores values in database. Derived depreciation areas do not store values in database. The values are calculated using mathematical formula based on 2 or more real depreciation area. Read More »
Scenarios are assigned to ledgers and determine which fields are updated when postings are received from different modules. Read More »
There have been some key changes regarding Profit Center Accounting in SAP New G/L. PCA is integrated within GL eliminating need to manually reconcile GL with PCA. Profit Center tables GLPCT/GLPCA/GLPCP are no longer used. These have been replaced by new GL tables. Profit Center accounting scenario should be activated to take advantage of the newly enhanced functionality. Read More »
When you activate New GL accounting, system creates a new path for Financial Accounting and activates new transactions specific to New GL such as FB01L for ledger specific posting. However old cofig path is not automatically removed for smooth transition. Read More »
When you switch from Classic GL to New GL, here are functionalities that can be covered under standard SAP Fixed price Service based migration scenarios. Read More »
Migration is divided in six phases. Read More »
Migration Cockpit is a tool to simplify migration to New GL. SAP delivers the tool when you buy service based migration. Read More »
Document splitting is key concept in SAP New GL. To configure Document splitting, you need to understand following key concepts. Read More »
When you define value date in Bank determination config (OBVCU or FBZP), value date is calculated using daily calendar. So, value date can fall on weekend or holiday. Read More »
When you move data for a company from a Non-SAP accounting system to SAP, you need to bring existing asset to SAP. SAP delivers following key transactions for legacy asset transfer.
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You get this error when you try to post value to asset such as special or unplanned depreciation which will make the Net book value of asset negative. Read More »
You get this error while posting when there are restrictions on type of tax codes allowed for GL account. Read More »
Field status can be controlled using Posting Key Field status as well as Field status Group assigned to G/L. Read More »
If you have created text module in SO10, it will not be transported automatically and you generally have to create text module in each client. Read More »
Document type is a 2 character key in SAP to differentiate business transactions.
Document type configuration controls Read More »
ASKB is the transaction in SAP used for periodic posting of Asset APC values to G/L. Read More »
Cross System Depreciation Area can be used to assign depreciation areas from different Chart of Depreciation to a single key (Called Cross-System Depreciation Area) thereby giving these areas same meaning across the system. Read More »
Cost object is nothing but a cost or revenue collector in SAP. Read More »
Transfer variant is used to define the way SAP handles Asset transfer. Read More »
The error occurs when you try to post an Invoice and the tax code has not been maintained in Config. Read More »
Transfer methods are assigned to Transfer Variant and determine what values are posted to receiving assets. Read More »
In SAP, Cost Objects are assigned to Assets in asset master record. All the cost posting (APC and Depreciation) requires a Cost Object. The setting need to be maintained in ACSET for the system to post to relevant Cost Object such as Cost Center, WBS element or Internal Order during Depreciation run and APC postings. Read More »
Transaction type is required for Asset transactions. Transaction type defines the type of transaction such as Acquisition, Retirement, and Transfer of Asset. Settings for how to process these transactions are also maintained in Transaction type. Read More »
Chart of depreciation in SAP Fixed Asset is an umbrella under which all Fixed asset settings and configurations are maintained. Read More »
You receive this error, when you try to post intercompany posting, but one of the company code is on standard withholding tax setting while other one is on extended withholding tax setting. Read More »
