Significance: This step helps us pre-determine various amount limits for the employees with which we can set: a) The maximum document amount the employee is authorised to post. b) The maximum amount … more →
FicoBuddynickmutt wrote 8 months ago: According to Lord Justice Lindley, “A Company is an association of many persons who contribute … more →
ficobuddy wrote 2 years ago: Significance: This step helps us pre-determine various amount limits for the employees with which we … more →
ficobuddy wrote 2 years ago: Significance: Tolerance Group is used to maintain control over posting of transactions and their cle … more →
ficobuddy wrote 2 years ago: Significance: Retained Earnings account defines the (P&L Account) to be sued for posting the exp … more →
ficobuddy wrote 2 years ago: Significance: Account Groups controls the Master records. It controls the number range of Master rec … more →
ficobuddy wrote 2 years ago: Significance: In this step we specify which chart of accounts we are going to use for our company. S … more →
ficobuddy wrote 2 years ago: Significance: Chart of Accounts List refers to the list of all GL account numbers. It defines the se … more →
ficobuddy wrote 2 years ago: Significance: In this step we assign our company code to the financial management area we have creat … more →
ficobuddy wrote 2 years ago: Significance: Financial Management Area is a customisation that helps to work on Cash Flow & Fun … more →
ficobuddy wrote 2 years ago: Significance: In this step we assign the various business areas that we want under a particular cons … more →
ficobuddy wrote 2 years ago: Significance: This is another controlling tool like Business Area, but on a much larger scale. A con … more →
ficobuddy wrote 2 years ago: Significance: A business area is a method of controlling wherein accounts can be maintained unit-wis … more →
ficobuddy wrote 2 years ago: Significance: In this step, we assign the company code we have created for our company. This ensures … more →
ficobuddy wrote 2 years ago: Significance: The company code is the single most important of all the fundamental definitions in th … more →
ficobuddy wrote 2 years ago: Significance:- This is the first step that is customised in FI. In this step, the company and compan … more →
ficobuddy wrote 2 years ago: Enterprise Structure customisation comprises of steps required to customise the settings that affect … more →
ficobuddy wrote 2 years ago: The following topics will be covered in the blog presently, 1. Enterprise Structure 2. GL Structure … more →