General ledger creation in sap fico
Accounts receivable general ledger creation in sap fico a sub ledger accounting and also called as sundry debtors. Step 3 Now you are required to update the following details.
Step 6 After maintaining all the required details for sundry debtors, click general ledger creation in sap fico save general ledger creation in sap fico. What is client in SAP. Define Company in SAP. Assign company code to company in SAP. Define business area and consolidation business area in SAP. Assign business area to consolidated business area in SAP. Define credit control area in SAP.
Assign company code to credit control area in SAP. Define functional area in SAP. Assign financial management area to company code in SAP. How to create segments in SAP. Assign company code to chart of accounts. What is Fiscal year in SAP? How to maintain fiscal year variant. Assign company code to fiscal year variant. Define account group in SAP. Define retained earnings account. Define posting period variant PPV. Assign variants to company code in SAP. Open and closing posting period variants.
Define field status variant and field status groups in FICO. Assign company code to field status variant. Define Tolerance group for employees. Check company code global parameters. Check exchange rate types. Define translation ratios for currency translation. How to maintain exchange rates in SAP. Define accounts for exchange rate differences.
Define foreign currency valuation methods. Define accounting principles and assign to ledger group. Define valuation areas and assign to accounting principles. Define ledgers for general ledger accounting. Define account group for customers. Maintain number ranges for customer account groups. Assign number ranges to customer account groups. Define tolerance group for Customers. Create sundry debtors accounts. Define vendor account groups. Maintain number range intervals for vendor accounts.
Assign number ranges to vendor account groups. Define accounts for cash discount taken. Define Vendor reconciliation account. Define tax calculation procedures. Assign general ledger creation in sap fico to calculation procedure. Assign tax codes for non taxable transactions. Maintain tax codes for sales and purchases. Define house bank in SAP. Define Chart of Depreciation.
Assign chart of depreciation to company code. Number range intervals for Assets.