In accounting point of view, Financial Accounting (FI) and Management Accounting/Controlling (CO) are two branches of accounting. Each branch has different purpose, serves different type of information users and uses different types of data and information. The following clearly distinguish the two branches of accounting: Financial Accounting output such as the financial statements generally used [...]

Every Consultant involves in a SAP project implementation should have an idea and understanding of the phases and activities of the project. This will help every one to be in the same boat and help the completion of the project efficiently and effectively. Listed are the basic general phases (activities) during tranditional SAP project implementation, for [...]

Error Message: “No postings can be made to profit center 1234 in company code BP01″ Diagnosis and Analaysis: You’re using a profit center where it’s not assigned to the company code you’re posting. Ensure that the company code in the profit center master data is activated. You’re trying to post to a profit center where [...]

Error Message: “In Table T030R the entry xxxx SKE is missing” Analysis: The above error occur during processing of outgoing payment either manual payment or through F110, Automatic Payment program. The error is caused by missing configuration settings in cash discount taken from vendors. It depends on the payment terms agreed with the vendor, your [...]

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