what is the relation between fi & co and ho the accounting
flow takes place?
Answers were Sorted based on User's Feedback
Answer / sridhar
FI and CO are related through G/L Accounts which are called
as primary cost elements in Controlling.
| Is This Answer Correct ? | 3 Yes | 1 No |
FI contains 4 components that is GL, AP, AR and AA where we post the documents to know the financial status of our Business where as CO Contains 6 components that is CEA, CCA, OM, EC-PCA, PC and PA. FI can be done without using CO, whereas CO need information from FI to take appropriate decisions related to Cost Controlling.
| Is This Answer Correct ? | 0 Yes | 0 No |
What are the major components of the chart of accounts?
please any body can tell me ,what reponsibilities and roles should a sap fico consultant do in the job
When I post any transaction in F-02. Showing error as "No amount tolerance range entered for company code" and if i press enter again for the 2nd time, its showing error as "Company code not assigned to country or country to calculation procedure". Please provide me a solution for this? For this I got the answer "remove tolerance group from GL account and to assign some tax procedure to country with out this sap system does not allow any transactions in system.so procedure for assigning tax procedure is mentioned below. --->Financial Accounting---->Financial A/c Global Settings---->Tax on Sales/ Purchases---->Basic Settings---->Assaign Country to Calculation Procedure----> Select Position Button Country----> IN Press Enter For Counry IN Assaign Procedure ----> TaxUS-Sales Tax Select Save Button or CTRL+S. Press Enter to save in your request. I've done following the same procedure However, Now I am getting New error as "Maintain conversion factors for EUR/INR (Currency type M)". I am unable to go further. Please give me the solution for this? (Thanks to Mr prasad for your valuable answer)
3. In SD-FI integration goods are delivered to the customer is there any posting in FI
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Hai i completed MBA finance and done SAP FICO than i want start my carrer with sap fico entry level .Is there any openings such jobs .suggest me any one plz................
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