@ Gs} SCRIBD | search Q =§ Download now W SAP FICO THEORY Client The client is the highest level in the SAP System hierarchy. Clients are. == a_—s commercially, organizationally, and technically self-contained unit within an SAP System and definition of the same Is obligatory. Clients have their own master records and set of tables. Specifications that are made or the data that Is entered at this level are valid for all company codes and for all other organizational structures. Company The definition of the company organizational unit is optional in SAP. Company is the organizational unit for which Individual financial statements are created according to the relevant legal requirements, all of the company codes within a company must use the same chart of accounts and fiscal year, It can have a different local currencies. Company Code: Company code Is assigned to company. Transactions are posted at company code level Company code Is used for identifying a legally independent entity, the smallest organizational unit of extemal accounting for which a complete, self- contained set of accounts can be created and maintained, thus including entry of all transactions that must be posted and the creation of all items for legal individual financial statements, such as the balance sheet and the profit and loss statement. Thus the company code Is the central organizational unit of external accounting within the SAP System. Scribd xk aK Books, audiobooks, and more. x Get our free app § oO & G Home Books Audiobooks Documents4:15 Si £22 Me @ Bo} = §3 SCRIBD ( search Q Download now A {Im SD- An indicator that deines the characterises oF a document item. For example, the tem category contels the type and scope of 2) Pricing ) Biting ) Dalivery 4) Inventory posting 8) Transfer of requirements Items instock an value and text items are item categories, 11. What do you mean by Movement Type? The movement type ix theedigit hey used to differentiate between good rmovetnens inthe 13 System. Examples ofthese goods movements are Eoods ress, goods ies nse postings The movement type determines which stocker consumption accounts are updated in Financial Accounting, 2, What sth effet of tnvoie Vetiton? Invoice Veritication creates ink betwsen Mates Management and external or intemal accounting, 1 Cam you enter vedo invoice with out ecip of gods? the indicator for goods-revsinl-based invoice Verification was aot set i the purchase order the Yendor invoice can be siteted before oe after the goods ar resid 1H, What isthe configuration stings equired Foran automatic payment prog? 1a) _AllCompany Codes b) Paying Company Codes (9) Payment Methods / Country 1d) Payment Methods Company Code (e) Bank Soloction 1S What do you mean by Special G/L Trunsstons? Special G/L unettons ar amactionn acount oscvable and wosount py abe tha ar plays inthe pent edger and th subeiry ledger. Tie may be nevasty for rporting or intemal esos, For ekarple, down pays Ms ok 16, How many ess of Special GIL Trnsucons rete in an SAP Rye? § oO & G Home Books Audiobooks Documents