Hold Document is one of the required and regular functionality while processing the day to day operations. It will help to temporarily suspend the work without losing the data which already entered. The requisite condition is assigning the temporary number … Read More
Tax Accounts are exclusively used as tax accounts. The collected tax will be credited into these accounts. While determining these accounts we have to specify the Tax type allowed. Accordingly only the system allows the relative tax type transactions … Read More
The application component in financial accounting is accounts payable and accounts receivables. The longevity of an organization more or less will depend on their abilities to manage the accounts payable and receivables of the organization. There is no organization … Read More
The new General Ledger in mySAP ERP has the following advantages over the classic General Ledger in R/3 Enterprise:
a) In the new General Ledger, you can display the parallel accounting using parallel accounts (as … Read More
The goal of information broadcasting in SAP is to distribute the right information, in the appropriate format, to the right people, through different channels, at the right time. With SAP BW 3.5 in SAP NetWeaver 2004, we saw the first … Read More
Document splitting allows you to display documents using a differentiated representation. In the representation, line items are split according to selected dimensions. In this way, you can draw up complete financial statements for the selected dimensions at any time.
Using … Read More
An excise tax in India is levied on the manufacturer of goods when those goods leave the place of manufacture. Formerly called the Central Excise Duty, this tax is now known as the Central Value Added Tax (CENVAT). Manufacturers may … Read More