The Product Cost Controling (CO-PC) application component of SAP generally divided into 4 components (for learning purposes only) namely: Product Cost Planning (CO-PC-PCP) Cost Object Controlling (CO-PC-OBJ) Actual Costing/Material Ledger (CO-PC-ACT) Product Cost Controlling Information System (CO-PC-IS) ♦♦♦ Product Cost Planning (CO-PC-PCP) – this is an area of Product Cost Controlling which you can use to: analyze the [...]

Here’s a list of commonly used terms in SAP. These are abbreviations you would have encountered and looking for their meanings. »»» ABAP – Advance Business Application Programming Language »»» ALE – Application Link Enabling »»» APO – Advanced Planning Optimizer »»» ASAP – Accelerated SAP »»» ATP – Available to Promise »»» BADI – [...]

The maximum length character of bank account number in the SAP system is 18 charaters. You can lower your maximum lenght of bank account number e.g. up to 10 characters only. However, you can not increase the SAP standard of 18 characters. There might be instances that you will encounter this error message related to [...]

Real internal order in SAP should be settled to the final receiver periodically. The final receiver could be cost centers, business process, assets, etc. The settlement rule should be maintained first in the internal master record before a setllement can be executed. After you’ve run final settlement of your Internal Order, you can still reverse the last posted [...]

Error Message: “Aquisition Value Negative in Area 01″ Analysis: During settlement of internal order values to an asset, error message “acquisition value negative in area 01″ appeared. The error occured because the current settings of depreciation area 01 of the asset does not allow posting of negative values. You have maintained in your settlement profile [...]

In general accounting, balance carry forward for all G/L accounts is a must. You can run FAGLGVTR multiple times specially if there are posted adjustments after FAGLGVTR. REQUIREMENTS: 1. Posting Periods »»»»  The appropriate posting periods must be open in the new fiscal year (period 01). 2. Accounts »»»»  There are no prerequisites for balance sheet [...]