AUC stands for Asset under construction where some assets are in construction phase and cost needs to capture through internal order for...

The cash journal is a subledger of Bank Accounting. It is used to manage a company's cash transactions. The system automatically...

Dunning is a process used by businesses to systematically communicate with customers or vendors to ensure the collection of overdue payments

The O2C process refers to the series of steps a business takes to process customer orders, deliver products or services and receive payment.

Bank Reconciliation in SAP S/4 HANA

The Procure to Pay (P2P) process is a series of steps that a company follows to acquire goods or services from external suppliers.

Low value Asset in SAP S4 HANA

Asset Sale Without Customer in SAP s/4 HANA

1:-Current Asset (AS01) AS01 is used to create a new asset master record in SAP. It allows you to define the characteristics and...

Asset Accounting Configuration in SAP S/4 HANA

How to Create Vendor in SAP S/4HANA: A Step-by-Step Guide

Financial Statement Version configuration in SAP

Partial payment refers to paying only a portion of an invoice or bill, Residual payment involves paying part and leaving Balance paid later.

An advance payment received from a customer or an advance payment made to supplier, part of full payment and rest of money paid later.

Understanding Parallel Accounting in International Business

Validation and Substitution are functionalities used to enforce business rules and automatically modify data entered in SAP system

Document splitting in SAP S/4 HANA allows you to display documents using a differentiated representation.

SAP Document Change Rules refer to the configuration settings that determine which fields in financial documents can be changed

Withholding Tax Configuration in SAP S4 HANA

Taxes on Sales & Purchase GST Configuration in SAP S4 HANA FI