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Email us: sap.learningside@gmail.com
How to Assign Payment Term to Vendor (BP) in SAP S4 HANA. Payment term is a 4-digit alphanumeric field in SAP. It is an agreement between a company code with the business partners (customer master/vendor master) and which includes due date…
How to Post Foreign Currency Vendor Payment in SAP, using T code: F-53. Understanding: The currency maintained in a company code is considered Local Currency, while all others are classified as Foreign Currencies. Here Company code currency is INR (T…
How to Post Foreign Currency Vendor Invoice in SAP, using T code: FB60. Understanding: The currency maintained in a company code is considered Local Currency, while all others are classified as Foreign Currencies. Here Company code currency is INR and…
How to Create Sensitive field or Dual Control for Vendor Master. Scenario: Here a company have junior and senior users in finance team. Requirement is, if junior user made any changes like payment term, reconciliation account or any other field…
How to Post Vendor Credit Memo or Purchase Returns – FB65. Understanding: When purchase goods or services from vendor (T code: FB60) and for some reason (like Damaged, perished, Over quantity delivered etc) user may return the purchased goods SAP…
Bank Charges Automatic Postings Configuration – OBXK. Explanation: By default, SAP does not allow posting of bank charges. To enable this functionality, you need to configure automatic postings for bank charges using transaction code OBXK. In this blog, we walk…
How to Post Outgoing payment with Partial Payment. Scenario: Understanding: Final result in T code: FBL1N should be displayed with two line items (KR -> -10000) and (KZ -> +4000). 1. Post Vendor Invoice using T code: FB60. Check the…
How to Post Outgoing payment with Residual Payment. Scenario: Understanding: Final result in T code: FBL1N should be displayed with KZ -> -8000 INR remaining and the original document will be cleared. 1. Post Vendor Invoice using T code: FB60…
Configuration for Cash Discount Received from Vendor – OBXU. Understanding for Cash Discount Received: Cash Discount refers to a reduction in the amount payable to a vendor, offered as an incentive for early payment within a specified period, as per…
Down payment: Advance is termed as Down payment in SAP. Sometimes we need to pay Partial or full amount to vendor if requested for the goods to be delivered. Steps to follow for Down payment and Down payment request configuration:…
How to Create a Vendor Business Partner in S4 Hana, using T code: BP. In S4 Hana, Business Partner configuration is mandatory along with the vendor/customer account groups configuration. Now we are extending or adding the Business partner role to…
How to Create a Business Partner in S4 Hana. In ECC, we create customer master (FD01/XD01) and vendor master (FK01/XK01)separately. While in S4 Hana, we create customer/vendor as a business partner using T code: BP. Go to T code: BP…
How to Change/Edit a Vendor Invoice data in SAP, using T code: FB02. Scenario: In this scenario, the user previously posted a vendor invoice but mistakenly used the wrong payment term. Later, upon reviewing the invoice or receiving clarification from…
Business Partner(Vendor) Configuration in S4 Hana. In S4 Hana, Business Partner configuration is mandatory along with the vendor/customer account groups config. Note: If we have a business partner configuration, we can use it for both vendor or customer provided number…
How to Create Payment Term in SAP. Understanding: Payment term is a 4-digit alphanumeric field in SAP. It is an agreement between a company code with the business partners (customer master/vendor master) and which includes due date and discount rates…
How to Post Vendor Invoice in SAP using T code: FB01. In this blog, we’ll demonstrate how the user can post the vendor invoice in SAP in T-code FB01. This process ensures that the vendor’s account is credited and the…
How to Hold the Vendor Invoice in SAP, using T code: FB60. Go to T code: FB60. SAP Easy Access Path -> SAP Menu -> Accounting -> Financial Accounting -> Account Payable -> Document Entry – Double click on Invoice.…
How to park the Vendor Invoice in SAP. Park Vendor Invoice T code: FB60. SAP Easy Access Path -> SAP Menu -> Accounting -> Financial Accounting -> Account Payable -> Document Entry – Double click on Invoice. Click on company…
How to Reverse Vendor Invoice in SAP, using T code: FB08. Pre requisites: First, we should have a Vendor Invoice: FB60 (How to Post Vendor Invoice: Click here) Check open item in SAP T code: FBL1N. Reverse the Invoice document…
How to Assign No. Ranges to Vendor Accounts in SAP ECC, using T code: OBAS. Explanation: In the previous blogs, we covered the creation of vendor account groups and number ranges. Now, we will focus on assigning the number range…