SAP FICO End User

This document briefly explains the required configuration process and, the end-user’s transactions with respect to Withholding Tax Configuration in SAP which is commonly known as Tax Deduction at Source (TDS) in India. Following processes is covered in this guide with screenshots:

• Maintain Withholding Tax Countries
• Define Withholding Tax Keys
• Define Withholding Tax Codes
• Portray Dependencies Between Withholding Tax Types
• Define Min/Max Amounts for Withholding Tax Codes
• Assign Withholding Tax Types to Company Codes
• Activate Extended Withholding Tax
• Define Accounts for Withholding Tax to be Paid Over
• Check Recipient Types

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Being offered in mySAP ERP, Document Splitting is one of the most powerful feature in New General Ledger. Document Splitting allows users to split accounting line items according to specific characteristics. This way users can create financial statements for entities such as ‘Segments’ and meet the legal requirements.

Starting with constructing concepts, the author provides crystal-clear notes understanding features, processes of Document Splitting. See the content below:

• Document Splitting – Basic Steps
  • Passive Splitting
  • Active Splitting – Rule-based Splitting
  • Splitting Using Zero Balancing
• Document Splitting – Important Elements
  • Splitting Rules
  • Item Category
  • Business Transaction and Business Transaction Variant
  • Zero Balancing G/L Account
  • Splitting Method
• Document Splitting – How does it work?
  • Document Splitting Example – Vendor Invoice
  • Document Splitting Example – Vendor Payment
  • Document Splitting Example – Zero-Balancing
  • Document Splitting – End-user Perspective
• Document Splitting – Setting Up
• Document Splitting – Tips and Tricks
  • Tip: Zero-Balancing Accounts
  • Tip: Document Simulation in the New GL
  • Tip: Testing Document Splitting
  • Tip: Review Document Splitting Rules

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This document explains steps to be followed for closing the Fiscal Year in SAP Finance and Controlling (FI & CO). For each activity, you will find descriptive notes and screenshots from SAP ECC 6.0. See the content below;

• Activities In Finance

1. Maintain Opening & Closing Of Posting Periods [OB52]
2. Copying Number Ranges for New Fiscal Year [OBH2]
3. Valuation Of Foreign Currency [FAGL_FC_VAL]
4. Asset Year Closing
   • Settlement Of Assets Under Construction [AIBU]
   • Depreciation Run [AFAB]
   • Closing the Asset Year and Change the New Year [AJAB]
5. Carry Forward Receivables and Payables balances [F.07]
6. Carry forward the GL balances [FAGLGVTR]
7. Reports

• Activities In Controlling
  1. Assessment Run
  2. Over Head Run
  3. WIP
  4. Settlement

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