March 1, 2024 SAP FICO Tutorials 0 Comments Explain ‘Tolerance’ in Transaction Processing. ‘Tolerances’ are defined in the system to facilitate dealing with the differences arising ... Read More
March 1, 2024 SAP FICO Tutorials 0 Comments What is the ‘Trading Partner’ concept? The ‘Trading Partner’ concept is used to settle and reconcile ‘inter-company transactions,’ both ... Read More
February 26, 2024 SAP FICO Tutorials 0 Comments Who is an ‘Alternate Payee’? A customer who pays on behalf of another customer is known as an ... Read More
February 26, 2024 SAP FICO Tutorials 0 Comments Explain ‘Customer/Vendor Master Records’. There are three categories of data maintained in a typical master record for ... Read More
October 26, 2023 SAP FICO Tutorials 1 Comment Procure-to-Pay (PTP) process (T-codes) in SAP Knowledge for the day: “Procure-to-Pay (PTP) process (T-codes) in SAP” Read More
May 12, 2023 SAP FICO Tutorials 0 Comments What is the ‘New FI-GL’ in FI in ECC? The traditional or ‘Classic FI-GL accounting’ in FI has been focused on providing ... Read More
December 22, 2022 SAP FICO Tutorials 3 Comments Top 50+ SAP FICO Interview Questions with their Answers 1. What do you understand by the term SAP FICO? SAP is the ... Read More
December 14, 2022 SAP FICO Tutorials 0 Comments Explain ‘Managerial Closing’. In ‘Managerial closing’ you will: Do a preliminary Controlling period closing Settle/re-allocate costs ... Read More
December 14, 2022 SAP FICO Tutorials 1 Comment How to Perform ‘Annual Closing’ in SAP? ‘Annual Closing’ is like any other ‘period closing’ and you will be performing ... Read More