What is Post automatically only in SAP FIco?
If you will select Post Automatically check box in FS00, it means that this account can only be posted by the system using account determination and the system will not allow posting the entries manually for this GL.
What is supplement auto posting in SAP?
This field refers that when you post accounting transaction based on automatic account determination then you will have option to insert account assginment like cost center, profit center in the line item of this GL account manually…..
What is the transaction code to configure automatic postings?
SAP Automatic Posting Transaction Codes
| # | TCODE | Description |
|---|---|---|
| 1 | MIGO | Goods Movement |
| 2 | FNM1 | automatic posting |
| 3 | OBYB | Maintain automatic postings accounts |
| 4 | OBYC | C FI Table T030 |
What is posting without tax allowed in SAP?
Suppose tax category in GL master of purchase account is not blank, it means purchase account is tax relevant account. Hence whenever you try to post to purchase account, system will ask for tax code. Without entering tax code, document will not get posted.
What is Open Item Management in SAP?
Open item management ensures that all items that have not yet been cleared are available in the system. You can only archive a document after all the open items have been cleared. You can see whether an item has been cleared in the line item display or document display.
How do you set up an automatic post in SAP?
Path to Configure Automatic Posting Step 1 − On the Display IMG screen, select Configure Automatic Postings by following the above path. Step 2 − Click Account Assignment. Step 3 − Here you can maintain the transaction for which automatic account determination is there. Click on Save.
What is automatic account determination in SAP MM?
7 9 26,615. When a goods movement is entered, the G/L accounts need not be entered manually since SAP automatically determines the correct accounts.
What is SAP tax category?
Tax category is nothing but the tax condition type like MWST/MWVS OUTPUT/INPUT which we use in pricing procedure.In FI terms it is called as tax category. A tax category should be assigned to a particular country and only then the tax category be used in Customer or material master.
How do I assign GL to tax code in SAP?
assign the tax code you need in the GL account master data (FS00 / Control data, field “tax category”). The checkbox “posting w/o tax allowed” allows to post without tax code so if you wnat postings to a particular account number with only one defined tax code, do not set this flag.
What is GR IR clearing in SAP?
GR/IR (goods receipt/invoice receipt) clearing is a function that you execute in order to clear the Purchases in Transit and Unbilled Payables accounts when both the goods received and the associated invoices have been recorded in the system.
What is the use of line item display in SAP FICO?
You use line item display to display the document line items from the account. For line item display, the system lists all the line items for an account. For accounts with line item display, the system uses special indices to define the link between the account and the document.
How do SAP Fico consultants use this skill in their work?
This example of how sap fico consultants use this skill comes from a sap fico consultant resume, “because analysts are tasked with finding innovative solutions to computer problems, an ability to “think outside the box” is important.”
What is the sap Fico entry role for SAP Ides?
So while you read and practice in the SAP IDES environment you should also look for SAP FICO entry Role such as FICO Super user/Analyst. By the way, SAP already announced next generation Business Suite – S/4HANA which is expected to have wizard based implementation Fiori menus where several steps are combined into one.
What does post automatically mean in fs00?
If you will select Post Automatically check box in FS00, it means that this account can only be posted by the system using account determination and the system will not allow posting the entries manually for this GL. I hope it will help. Help to improve this answer by adding a comment.
Is the “post automatically only” option modifiable?
However, it is often not modifiable in the Edit mode of the Manage G/L Account Master Data (150001) configuration step. If you want the “Post automatically only” to be modifiable, you can choose an Account Group that is not set to “Display” with the Post Automatically Only field.
