General Ledger Accounting is essentially functions as a complete record for all financial business transactions. All business transactions that have financial impact are posted to the appropriate general ledger account. On my opinion, SAP is the best ERP business software in the world. All components are fully integrated. The general ledger accounting of the system receives automatically all financial transactions from other component i.e. [...]

The Financial Accounting application component of SAP satisfies the requirement of the accounting department of your organization. Each Company is required to provide and submit financial statements to the government who has jurisdiction over the company’s operation. The financial statements is a result of all financial transactions recorded by the company. The Financial Accounting component of [...]

Navigating SAP System is an article that is really helpful to all Beginners and to other Advance SAP Users and Consultants. Share these basic knowledge on Navigating the SAP system to others through referring this post.

If you want to display transaction codes for SAP transactions (not IMG Customizing) read article “How to Display SAP Transaction Codes?“. This post you’re currently reading will guide you how to diplay transaction codes in SAP Reference IMG (Implementation Guide). You might have been wondering how you could display the transaction codes for each of the IMG [...]

Take a look at these basic procedures for new fiscal year in a SAP system. Familiarity of these procedures is more advantageous. These procedures should be done inorder to post transactions in the new fiscal year; thus, avoiding any error during transaction entry. 1. Open and Close Posting Period – In this procedure, you close [...]