So previously, we talked of 3 scenarios. All these three scenarios are also given in the notes. So admin building and, acquired on 01.04 and acquisition value is 22 lakhs, depreciation provided up to 30.09 at 55,150,150. The balance value is this much net book value is on 30.09. And scenario 1, [...]
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So we are going to acquire the asset. For acquiring the asset, Accounts Payable, Fixed Assets, Posting, Acquisition. This is External Acquisition. Why specifically it is stated as external acquisition? Because asset can be developed within house also. Say, for example, in my factory premises, [...]
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Okay, now we will go to our next topic, which is foreign currency invoice posting. We will see how to post the invoice which is not in the local currency. This is our invoice posting screen under the accounts payable document entry. Financial accounting, accounting, let’s go [...]
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We are going to look at an interesting topic, which is exchange rate maintenance. We’ll see how the exchange rates are maintained in SAP. Exchange rates are maintained in SAP so that foreign currency invoices or payment can be posted. See this field here next to amount [...]
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So under depreciation, we have multilevel method. So yesterday, we have created multilevel method key, multilevel method means nothing but, that’s what we have discussed. At different levels, we can have different depreciation percentages also. We can have separate percentages. So in the [...]
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So basically, I’m starting the FI config-2 documents which is a very short document. Basically, it goes over how to set up your AP so you can create your vendors. So those things are already set to do anything. I will go over it. Basically, we go into Financial Accounting and then [...]
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So, like I said, we have done the basic configuration for the GL side. In FI, we have done the GL configuration, we have created a GL account, we are ready to post a GL transaction; a debit one account and credit another account. This is the basic GL transaction, and the transaction code is [...]
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Let me give you some brief overview of FICO, what FICO is, and then we’ll first start FI and then we will go to CO area. As you already may know that SAP is an ERP, Enterprise Resource Planning system, where you have multiple systems under one umbrella and they are all integrated. FICO, I […]
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So we need to assign the GL accounts. For the GL account that whatever you have created in yesterday’s class, all those things we are going to integrate with asset accounting. The path is going to be financial accounting (new), asset accounting, integration with general ledger accounting, [...]
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Okay, now we have seen changing documents. It’s a very simple topic. I’m going to custom account group. Custom account group is not something new for you. Remember, when I created a customer master data in the basic session, I told you I’m going to explain about [...]
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