SAP is an ERP software. Its components have seamless integration with other components. This article explains the flows of information from Sales and Distribution (SD) to Financial Accounting and Controlling (FICO). Do remember that all business transactions with an accounting impact are posted in Financial Accounting and Controlling. E.g. sales to customer on credit. An [...]

Here’s a guide to help you understand and perform Asset Revaluation Transaction in SAP. A. Ensure that the configuration settings are propertly set-up. You need to do the following configuration: Determine Depreciation Areas for Revaluation (OABW) Define Revaluation Measures (AUFW) Maintain Accounts for Revaluation Define Transaction Types for Revaluation (AO84) Limit Transaction Types to Depreciation [...]

“Posting only possible in periods 2009/03 and 2009/02 in company code BP01″ The above error would be encountered during posting of transactions in Material Management (MM) component. E.g. you’re posting goods receipt (GR) in April 2009, you would be prompted with the above error if period 04 2009 has not yet opened.  The said error has nothing to do with [...]

To those new to SAP, this article will help you find SAP standard report. To display the various standard SAP reports, use transaction code SE43N. The “Area Menu Maintenance“ screen appears: On the “Area Menu” selection press the button or press F4 on your keyboard. The “External key for area menu” dialog box appears.  For examaple you [...]

Error Message: “Posting not possible (Asset does not manage postable areas)”. Diagnosis and Analysis: Transaction type xxx determines that posting must be performed in specific areas. None of these areas are managed for the specified asset. The above error occured during posting of asset revaluation using transaction code ABAW. Procedures to fix the above error: [...]