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SAP S/4 HANA Public Cloud is SAP’s software-as-a-service (SaaS) ERP solution. When we talk about “Public Cloud Finance,” we refer to the financial management capabilities available in this cloud-based ERP.

Here's a step-by-step process on How to add a Fiori app role to a user in SAP.

A Field Status Variant (FSV) is a configuration object in SAP FI that defines how field status groups are applied across company codes. It acts as a container for multiple Field Status Groups, and it determines which fields appear during document entry and how they behave. It is Created at Client Level and can be Used for Multiple Company Codes.

A Fiscal year is the accounting year used by a company to record and report financial transactions. It's the period for which financial statements like the Balance Sheet and Profit & Loss ( P&L ) are prepared.

In the world of SAP, data migration plays a critical role during implementation, rollout, and support projects. One of the most popular tools provided by SAP for this purpose is LSMW (Legacy System Migration Workbench).

The chart of accounts is a variant that contains the structured list and basic information of a general ledger accounts.

Overview of Controlling Module of SAP.

The Pricing Procedure in SAP MM determines how the system calculates the price of a material during purchasing or procurement.

Open items are line items in an account that are not yet cleared or offset by a corresponding transaction.

List of T-Codes in SAP FICO

Credit Check refers to the process of evaluating a customer’s creditworthiness before approving a sales order, delivery, billing document.

Payment terms are the conditions agreed upon between a company and its business partners regarding the payment of invoices.

SAP Activate is a comprehensive methodology designed to help organizations efficiently and effectively implement SAP solutions, such as SAP.

Goods Receipt without reference is in context when some material are left while migration of data to SAP system

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

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

MASS refers to the transaction code, used to perform mass maintenance or mass changes to master data or organizational data in SAP systems.

Accrual & Deferral is a document method that involves making provisions at the end of a month and reversing them on the first working day...

Controlling is a module in SAP that helps Planning, Managing, Analyzing and Reporting related to Costs and profits. It is used for Internal

Optimize financial management with SAP FI Global Settings.