FI
- external reporting, such as Balance Sheet, Income Statement and Cash Flow
- restricted by legal requirement(accounting principle, such as IFRS and GAAP)
- in term of cost, FI will capture how much was spent
SAP FICO Basic Concepts
Purpose
AUTOMATIC ACCOUNT DETERMINATION IN SAP MM
Definition
What is automatic account determination in SAP MM? It is an automatic function in MM that determines the correct GL accounts for posting in FI.
For instance, at the time of MIGO/good receipt against PO, the system will automatically pick the Inventory account (BSX) and GR/IR account (WRX).
What is automatic account determination in SAP MM? It is an automatic function in MM that determines the correct GL accounts for posting in FI.
For instance, at the time of MIGO/good receipt against PO, the system will automatically pick the Inventory account (BSX) and GR/IR account (WRX).
SAP Message No. F5062 - Exchange rate diff.accts are not define for account & currency &
Cause
In OBA1 or OB09, the KDF - Exchange Rate Dif.: Open Items/GL Acct is not fully maintained.
In OBA1 or OB09, the KDF - Exchange Rate Dif.: Open Items/GL Acct is not fully maintained.