Foreign Currency Transactions in SAP FICO: A Comprehensive Guide
Foreign currency transactions are a crucial aspect of financial operations for multinational companies. In SAP FICO, managing these...
top of page
Meet Parminder
Search
Javesh pal
Aug 203 min read
Tax Procedure - Basic Settings in SAP FICO: A Step-by-Step Guide
Setting up tax procedures is a fundamental part of configuring SAP FICO to ensure compliance with local tax regulations and accurate...
343 views1 comment
Javesh pal
Jun 273 min read
Understanding Posting Period Variant in SAP S/4HANA: A Guide for FICO Consultant
Introduction In the realm of SAP Financial Accounting (SAP FICO), the concept of Posting Period Variants is pivotal for ensuring the...
642 views2 comments
Javesh pal
Jun 174 min read
Understanding Field Status Variant in SAP FICO: A Comprehensive Guide for Consultants
Field Status Variant (FSV) is a critical concept in SAP FICO (Financial Accounting and Controlling) that controls the display and...
761 views1 comment
Javesh pal
Jun 123 min read
Mastering Account Groups: A Crucial Step for Financial Precision in SAP FICO
Account groups are essential in organizing and structuring General Ledger (GL) accounts within the Chart of Accounts (CoA) in SAP FICO....
220 views1 comment
Javesh pal
Jun 74 min read
Understanding Business Area, Credit Control Area, Functional Area & Segments in SAP S/4 HANA: A Guide for FICO Consultant
In SAP S/4 HANA, defining and managing business areas is a fundamental aspect of organizational accounting and financial reporting. This...
636 views2 comments
Rajesh Sharma
Apr 14, 20233 min read
Fiscal Year Variant
What is Fiscal Year Variant? The fiscal variant contains the number of posting periods in the fiscal year and the number of the special...
711 views1 comment
Vishwaraj Gujar
Apr 22, 20214 min read
SAP CO- Controlling Area Setup
Controlling area in SAP CO module is a central organizational unit under which all the internal reporting takes place
3,205 views1 comment
Vishwaraj Gujar
Apr 22, 20214 min read
SAP Controlling (SAP CO) - An Overview
Controlling provides you with information for management decision-making. It facilitates coordination, monitoring and optimization of all pr
7,636 views2 comments
Vishwaraj Gujar
Mar 23, 20216 min read
SAP FICO General Ledger(G/L) Accounting
The central task of G/L accounting is to provide a comprehensive picture of external accounting and accounts.
5,871 views1 comment
Vishwaraj Gujar
Mar 19, 20218 min read
Basics Of Accounting & Golden Rules
Accounting is the process of recording, assessing, and communicating financial transactions — helps individuals and organizations understand
1,738 views2 comments
Vishwaraj Gujar
Feb 20, 20215 min read
SAP Fiscal Year Variant, Posting Period Variant & Tolerance Group
SAP allows a maximum of 16 posting periods in each fiscal year. It consists of 12 regular posting periods and 4 special periods
5,502 views4 comments
Vishwaraj Gujar
Feb 20, 20214 min read
SAP Enterprise Structure
SAP defines the Enterprise Structure as “the definition of specific organizational units that together represent a company’s business units
7,856 views2 comments
Vishwaraj Gujar
Jan 23, 20213 min read
SAP FICO- Chart of Accounts, Account Groups & Field Status Group
COA is a group of General Ledger (G/L) accounts that records the transactions of an organization in a structured way. For each G/L account,
11,612 views3 comments
Vishwaraj Gujar
Dec 10, 20203 min read
ECC Vs S/4 HANA in Finance Module
S/4 HANA has an edge over ECC due to the technology and functionality involved in it.
6,062 views2 comments
bottom of page