So the sales invoice looks like basic price, discount,, Add sales tax, then there is the sale price, then add transportation charges, this is the kind this will be done through the sales and distribution module. Your taxes etc will be calculated. But here, the tax, what we are going to [...]
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So we have customer account, we have outstanding balance of the customer and customer address, everything is available here. Hence, right, just generating the letter and sending, so it’s not a difficult job. A simple process. In case of, say, bills of exchange, we have seen bit heavy, [...]
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Here, company is DRLB, sale made to customer. And, when we make the sale, we’ll be receiving the payment, say, 90 days or 30 days, whatever it may be. And what we do as soon as we receive it, we discount the bill of exchange with the banker, and the banker gives me, out of […]
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Right. So, the scenario is advance received from customers. The normal entry, whenever we make any sale, customer account is debited and sundry debtors account also debited. So, customer account returned to sales. So already we have seen that we have established the link between customer [...]
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So, we have, done 5 steps. Number 1 is find, define account groups with screen layout customer. And there, we have created the customer account groups. So just I’ll recap fast. Define account groups for the customer’s this is. Account groups is nothing but for the purpose of say for [...]
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So, master record. So, we have created tolerance groups, document number ranges, and, account groups we have created, 2GL accounts we have created. Then now we are going to create the customer master record. Financial accounting, Accounts receivable. And, see we have created FS002 GL accounts [...]
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First of all, these are the topics which we are going to see. Then let us go through the business process. The general business process in a manufacturing company, it doesn’t mean it’s the same process everywhere, but 90% of the cases. Say, for example, we are going with the Doc Reddy [...]
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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, in F-02 I’m posting. You see document. Company code DRLB. Now here, what I’m doing, I’m posting in US dollars, USD, what is the rate? Here, there are 2 things. Now let me update the rate in foreign exchange rate tables. So first, I can update the foreign exchange. So, [...]
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