Foreign currency transactions are a crucial aspect of financial operations for multinational companies. In SAP FICO, managing these...

Controlling area in SAP CO module is a central organizational unit under which all the internal reporting takes place

Controlling provides you with information for management decision-making. It facilitates coordination, monitoring and optimization of all pr

The central task of G/L accounting is to provide a comprehensive picture of external accounting and accounts.

Accounting is the process of recording, assessing, and communicating financial transactions — helps individuals and organizations understand

SAP allows a maximum of 16 posting periods in each fiscal year. It consists of 12 regular posting periods and 4 special periods

SAP defines the Enterprise Structure as “the definition of specific organizational units that together represent a company’s business units

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,

S/4 HANA has an edge over ECC due to the technology and functionality involved in it.