How to Manually ‘Clear’ ‘Open Items’? When?
Under ‘Manual Clearing’, you will select the open items, based on the incoming ...
SAP FICO
Explain ‘Intercompany Postings’.
‘Intercompany Postings’ arise when a Company Code, for example, in a centralized procurement, ...
What is an ‘Intermediate Bank’?
‘Intermediate Banks’ are used in SAP in addition to the house banks and ...
How to Configure the GL A/C for the ‘House Bank’?
A ‘House Bank’ is defined using transaction code FI12. A ‘bank key’ represents ...
Which are the two uses of ‘Blocking’ an Account?
You may use ‘Blocking’ to: Block an account from further postings. Block the ...
What is ‘Archiving’? How does it differ from ‘Deletion’?
‘Archiving’ refers to deleting data from the documents in the database and storing ...
What is ‘Line Item Display’?
To display line items of an account, you need to set the indicator ...
What do you mean by ‘Balances in Local Currency’ Only?
When you create GL account master records, it is necessary to decide whether ...
What is a ‘Field Status Group’?
The ‘field status’ of an individual field or a group of fields is ...
What is a ‘Screen Layout’?
The ‘account group’ determines which ‘Screen Layout’ should be used while creating a ...