In SAP standard, billing document numbers can only be assigned internally by the SAP system. Basic Explanation: Bear in mind that the Sales & Distribution module and the Financial Accounting module are seamlessly integrated. An accounting entry is posted in Financial Accounting during Release of Billing to Accounting procedure. The basic entry that will be created is: Dr. [...]

Purpose In this activity you define and/or edit field status variants and groups. You group several field status groups together in one field status variant. You assign the field status variants to a company code in the activity Assign Company Code to Field Status Variant. This allows you to work with the same field status [...]

SEARCH_SAP_MENU is a transaction code in  SAP system use to search for a specific key word or transaction code. Here’s the specific procedure:  On the command field, type SEARCH_SAP_MENU or /NSEARCH_SAP_MENU then press Enter on your keyboard. A pop-up window “Enter transaction code or menu text” appear. Then enter the text or transaction code you [...]

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 [...]

‘Version zero is not defined for the fiscal year YYYY’. This error is encountered when you post transactions in SAP system that has an impact to CO module for new Fical Year e.g. 2009. Here’s the definition and recommended solution for the error: In the SAP standard system, each Controlling Area has a version for [...]