Skip to main content

Posts

How to Search SAP Notes for Contract Accounts Receivable and Payable

How to Search SAP Notes for Contract Accounts Receivable and Payable Refer the SAP Note: 515046. To help you find relevant solution SAP notes more efficiently, SAP have created a resource that provided a list of terms and topic related to FICA. Some times, SAP notes searches can be unsuccessful due to differences in terminology between your description of the problem and in the SAP notes.  SAP has provided list of search topics. To further refine your search you can combine multiple search terms simultaneously.  Here is the list of search terms,  FMIGALL Migration workbench FIN-FBCM-FI Collection procedure public sector, internal collection FI/AR/IV Invoicing FP01P Open item evaluation, general FP04 Write off FP04 Open item evaluation, closing FP04 Open item evaluation, general FP04 Item list on a key date FP04M Write - off, mass run FP05 Payment lot FP05-DAU Payment lot, standing order FP05-NOTE Note to payee FP05-SEL Payment lot, selection FP06 Clearing, manual FP06-DIA...
Post a Comment
Read more
Recent posts

OAXE

OAXE is the Trasaction code in Asset Accouning.  I wanted to discuss the use of Transaction codes in Asset Accounting, specifically OAEX. This code can be useful for extending Depreciation areas based on Transaction types. One approach to controlling Transaction types for each Depreciation area is to limit the Depreciation area in the Transaction type. Example: To control the One Depreciation area for transaction type, you can remove the depreciation area in the transaction type. This will prevent the system from allowing you to post a depreciation entry in that area, as it will then throw an error. Here you can restract the deprecation areas by Trasaction types.  Table: TABWA Error Message:                          FAA_POST For instance, if we target one Depreciation area, we can remove the Depreciation area field from the Transaction type. I believe this could provide a useful solution to our current ...
Post a Comment
Read more

Understanding percentage factor and period factor involved in calculation of Asset Depreciation in SAP

Understanding Asset Depreciation Calculation in SAP In this post, I’d like to explain how asset depreciation calculation works in SAP, with a specific focus on the percentage factor and period factor involved in the calculation. Note: This example assumes that the depreciation key is maintained for day-wise calculation. Introduction Brief Overview of Asset Depreciation :  Asset depreciation is a method used to allocate the initial cost of a tangible asset over its estimated useful life. This process takes into account the decrease in value of an asset due to factors such as wear and tear, obsolescence, or aging. By depreciating assets, businesses can account for the expenses of acquiring and maintaining them in a manner consistent with the revenue generated over time. This approach is utilized for both accounting and tax purposes, enabling businesses to accurately reflect the economic value of their assets. Key Terminology Depreciation Key: The depreciat...
1 comment
Read more