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The requirements for SAP FI configuration are chart of accounts, fiscal year variants and currencies. When the configuration is done, the doc submitting will immediately be posted thereafter. Enterprises should be able to see its true-time monetary standing. This allows enterprises to maintain a keep track of of each monetary transaction and aids in finance reporting at the conclusion of fiscal year.
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SAP CO is nh business consultant another significant module in SAP. SAP controlling incorporates SAP CO configuration and SAP CO user and is made up of learn info, configuration and reporting. Grasp data described here could be Price tag factors, Charge facilities, revenue centers, inside orders, purposeful area, statistical crucial figures and action styles. Cost factors involve all the cost and earnings accounts, Expense centers and income centers include things like many of the departmental models that handle Price and earnings of an enterprise, internal orders consist of all of the crucial activities etc.
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