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Email us: sap.learningside@gmail.com
How to Create Business Area in SAP S4 HANA, using T code: OX03. A Business Area in SAP S/4HANA is an organizational unit used to represent separate areas of operations or lines of business within a company. It allows businesses…
Posting in SAP Special Periods: A Step-by-Step Tutorial Company code follows a calendar fiscal year from January 1st to December 31st. Company code year 01-JAN-2025 to 31-DEC-2025 On March 12, 2025, the user noticed that some adjustment entries related to…
How to Create Retained Earnings Account in SAP, using T code: OB53. Meaning: FAGLGVTR is the transaction code used at year-end to carry forward Profit & Loss (P&L) account balances into the Retained Earnings account. This process ensures that the…
How to Maintain Currency Exchange in SAP S4 Hana. In this blog, we guide you through the step-by-step process of ‘Maintenance of Currency Exchange’ in SAP S Topics to be covered are: 1. Currency Translation Exchange Rate Type, T code:…
How to do Document Splitting in SAP. In this blog, we guide you through the step-by-step process of the following two points: 1. How to Classify the GL accounts for Document splitting. Go to T code: SPRO. SPRO Path –…
How to Create the Chart of Account in SAP, using T code: OB13. Meaning: A Chart of Accounts (COA) contains the list of General Ledger (G/L) accounts that are maintained with a structural form under account groups. The COA is…
How to Assign Posting period variant to company code in SAP, using T code: OBBP. Understanding: In SAP, transactions are posted within specific posting periods. This means that: This control ensures accurate financial reporting, prevents unauthorized changes to historical data, and…
How to Create field status variant in SAP, using T code: OBC4. In this blog, we guide step by step process of field status variant creation. Once created, we need to assign field status group in GL master record and…
How to Assign company code to field status variant in SAP, using T code: OBC5. By using Field Status Variants/groups you can customize the posting screen (Ex: FB60, FB70 etc..). In this blog, we guide step by step process of…
How to Create Posting period variant in SAP, using T code: OBBO. Understanding: In SAP, transactions are posted within specific posting periods. This means that: This control ensures accurate financial reporting, prevents unauthorized changes to historical data, and maintains the…
How to create Calendar fiscal year variant in SAP, using T code: OB29. Explanation: In SAP, a fiscal year variant is a configuration that allows companies to maintain their transactions within a specific year. It should starts from Jan-01 and…
How to Assign company code to Fiscal year variant in SAP, using T code: OB37. Explanation: In SAP, a fiscal year variant is a configuration that allows companies to maintain their transactions within a specific year. It typically consists of:…
How to Open and close posting periods in SAP, using T code: OB52. Understanding: In SAP, transactions are posted within specific posting periods. This means that: This control ensures accurate financial reporting, prevents unauthorized changes to historical data, and maintains…
How to Create Fiscal year variant in SAP, using T code: OB29. Explanation: In SAP, a fiscal year variant is a configuration that allows companies to maintain their transactions within a specific year. It typically consists of: Types of Fiscal…
How to Create Company in SAP, using T code: OX15. Meaning: In SAP, a company is also referred to as a trading partner. A company group enables the consolidation of financial statements from multiple Company codes. SPRO Path -> SAP…
How to Assign Company code to Company in SAP, using T code: OX16. Company/Trading partner: In SAP, a company is also referred to as a trading partner. A company group enables the consolidation of financial statements from multiple Company codes. Company…
How to Create a Company Code in SAP, using T code: OX02. Meaning: Company code is one of the smallest units in a company and it is used to generate external financial statements like Balance sheet and Profit and Loss.…
Sap FICO Enterprise structure Tcodes S. NO Name/Description T code 1 Company OX15 2 Company code OX02 3 Business area OX03 4 Functional area FM_FUNCTION 5 Assign company code to company OX16 6 Creation of plant OX10 7 Fiscal year…