Untitled

In the past few posts, I focused on the various BAPIs that allow us to post the normal as well as the clearing accounting documents. Starting from today, I will focus on bank accounting. If you remember, I posted a tutorial on the creation of bank keys last year. A bank key is basically a bank master data where you

In the previous two posts, I discussed the BAPI concept for posting clearing postings and simulating the accounting entries. Today, I will give you a brief tutorial on how to use the BAPI to post an accounting entry in SAP. BAPI_ACC_DOCUMENT_POST allows you to post any kind of accounting entry, i.e., GL postings, Customer or Vendor postings, etc.The only drawback

Hi All, today I have come up with a different topic that can help you in clearing the transactions in custom developments. I'm sure you might have searched about BAPIs while working on the implementation projects. There are numerous BAPIs available in SAP that allows you to post different kinds of accounting entries. Today, I will show you how you

Since we all know how to create an internal order in SAP, we can proceed with today's tutorial on how to settle an internal order. In the previous post, we created one internal order number 1234001 for the assets under construction (AuC). Today, I will show you how you can perform the Internal Order Settlement in SAP to an AuC

In day-to-day SAP consulting, you might have heard about Internal Orders. But, what is an Internal Order? It is another sub-module in SAP Controlling (CO) that collects costs. Today, I will show you how you can create an internal order in SAP using t-code KO01.To start off with a basic definition, an Internal Order is a cost object in the

If you have gone through my last couple of posts, I explained about the Unplanned Depreciation and Asset Revaluation. Both of these processes are used to post asset adjustments. Today, I will show you another process that the companies use to post the asset adjustments. I will show you how you can post the write-up of an asset using t-code

In the last couple of posts, I explained how you can process the Inter-Company and Intra-Company asset transfer. I also shared the tutorial on AFAB that allows you to post depreciation for fixed assets. Today, I will show you how you can post an unplanned depreciation in SAP using t-code ABAA.As you already know that AFAB is used for posting

I uploaded the tutorial on the Intra-Company Asset Transfer using ABUMN a couple of weeks ago. If you have gone through it, you will be having a fair amount of idea on how the asset transfer process works. Today, I will show you how you can process the Inter-Company Asset Transfer in SAP using t-code ABT1N.Unlike Intra-Company transfer where you

Have you ever searched for the BAPI or FM to post the reversal accounting entry and still not found anything substantial? If yes, then this post is related to the same topic. Today, I will show you how you can use the Function Module or CALL_FB08 FM to reverse an accounting entry in FB08.I'm sure when you googled it, you

As I had promised in the last post that I will bring you the tutorial on the asset transfer process. In SAP, you can either do an inter-company or an intra-company asset transfer. Today, I will show you how you can process an Intra-Company Asset Transfer in SAP using t-code ABUMN.Before I proceed, it is important to understand the difference

In the last post, I talked about asset retirement using sales to a customer. You can use the transaction F-92 when you need to sell the asset to a customer with some revenue. But, sometimes organizations tend to scrap an asset. Scrapping of an asset is a process where you decompose an asset without any revenue. Today, I will show

If you have gone through my previous tutorials on asset accounting, you will be having a fair idea about the creation of asset master, asset acquisition, and Depreciation calculation process. Asset accounting follows this process in the same order to work properly. Now, you must be wondering what comes next after the depreciation process. Today, we will focus on the

Hi Everyone, I hope you are doing well and staying safe! I have been posting articles related to asset accounting lately. The idea is to continue the flow so that you can understand the complete end-to-end process. In the last few articles, I explained how you can create a new fixed asset, acquire it using ABZON or purchase it from

In any organization, it is a common practice to procure fixed assets from a vendor. In my last post, I showed you how you can acquire an asset using ABZON with an asset clearing account. This had nothing to do with a vendor code. Today, I will show you how you can acquire an asset from a vendor using transaction

Hi All, as you know that the last post was my first tutorial on asset accounting. I showed you how you can create a new fixed asset in SAP using AS01. AS01 only allows you to create an asset master data where you can enter the asset description, depreciation details, capitalization date, cost center, etc. But, what about the asset