Cost Component Splits in Controlling area Currency (OKYW tcode)

This document is about how we can activate the cost component split in CO area Currency. Also we will see how it affect to Cost Component Split in CK11N.

If your controlling area currency is not the same as the company code currency, CCS is always updated in company code currency. If we would like to see CCS in CO area Currency, we should maintain it on OKYW tcode.

Before maintain OKYW,    CK11N screen is as follows.

Steps to configure Special Purpose Ledgers

Special Purpose Ledger

Special Purpose Ledgers are ledgers that you can define for your specific business and organizational requirements. The ledgers contain the dimensions you enter. You can create Special Purpose Ledgers in your FI-SL system.

Step 1) Define Table Directory

IMG Path: Financial Accounting (New) -> Special Purpose Ledger->Basic Settings->Tables->Execute Express Installation

In this activity, you can perform an express installation for a FI-SL system. The system performs the express installation for the respective functions using default settings and values.

How to resolve CK466 error during confirmation production order

This time I will share my experiance for resvoling CK466 error which puzzled me a lot once before. I was serach CK466 in this community and found quite often questions casued by missing activity price in KP26.  In this case, you can use COFC to postprocess the CO document when you update price without reverse previouse confirmation.

However still some CK466 casued by mistical reason behind.  The solution given by the blog is not only valid for CK466 also valid for other CK errors during confirmation process.

Manual JV for Reverse Tax / Reverse Charge Mechanism posting

To Correct Accounting in Wrong Tax posting below Scenarios will help to satisfy your Requirement.

Below procedure explain you how to rectify the tax Posting within Tax codes like Input to Output or Vice Versa.

Reverse Charge Mechanism also will work here as like below scenarios. ( Example Scenarios with Screen shot provided).

We will post such kind of posting using the JV solution Document Type SA and Transaction Code F-02

News for FICO Friends: ERP for Financials Customer Connection

I attended this SAP webcast this morning and was surprised at the low attendance.  There are many improvements in FI-CO and no, I am not talking "Simple Finance" but the core FI-CO modules.

See below: Customer Connection for Financials started last December

The usual Legal Disclaimer applies

Figure 1: Source: SAP

Financial Statement Analysis by using Report Painter

Report painter is an excellent reporting tool that is equipped with useful features which can help us in designing analytical reports quickly without ABAP help.Financial reporting requirement varies as per local accounting practices and GAAPS. In order to cope up with these requirements report painter let us design reports like

1. Profit & Loss Accounts
2. Balance Sheet
3. Cash Flow Statements
4. Ratio Analysis
5. Sources & Application of Working Capital
6. Consolidated Financial statements

In order to make the user familiar with this reporting tool i would restrict this blog to Ratio Analysis. While designing ratio analysis for ratios based on profit and loss figures and balance sheet , one thing has to kept in mind that profit and loss figures are period based and balance sheet figures are taken on To Date basis. Hence we need to handle this behavior while designing ratio analysis report in report painter. I will use start with designing the form and the setting necessary parameters for a classified report output.

Tax Number Duplicity Restriction (CNPJ, CPF, State Inscription)

Since the companies in Brazil must not have 2 partners to the same CNPJ and/or State Inscription (IE), or CPF, you can prevent that 2 customer master records or 2 vendors created to the same Tax ID using SAP Standard (Configuration). Some time ago, this was only possible with coding / user exit.

First, let me explain about the TAX IDs in Brazil:

-Tax Number 1 (STCD1) – CNPJ -- Only for legal entities (companies)

-Tax Number 2 (STCD2) – CPF -- Only for Natural Person

-Tax Number 3 (STCD3) – State Inscription -- Only for legal entities (companies)
If exempt, must contain word “ISENTO”

-Tax Number 4 (STCD4) – Municipal Inscription -- It can contain RG (ID) if vendor is Natural Person
If exempt, must contain word “ISENTO”

 -Sole Proprietr (STKZN) – Natural Person indicator -- Must be active when vendor is not a legal entity but a Natural Person