Streamlining Vendor Return Process in SAP The vendor return process in SAP involves returning goods or materials to a vendor due to various reasons such as quality issues, incorrect delivery,…

Interview Questions of SAP S/4 Hana Sourcing & Procurement  Q1) What is the meaning of S/4 HANA? S - stands for Simple and 4 stands for 4th Generation  of SAP…

Top 10+ SAP Interview Questions SAP FICO is a Module of SAP ERP that is used for financial reporting both externally and internally.sap stands for system application and product in…

The fiscal Year Variant Plays Important Role in Business as well as in SAP FICO Fiscal Year Variant   What is the Fiscal Year variant of SAP? Fiscal Year Variant…

Top 10 Asked Interview Questions on SAP MDG With the market-leading SAP Master Data Governance solution, you can define, enforce, monitor, and enhance master data across domains for centralized or…

Posting Period Plays Important Role in Controlling Accounting Periods  What is Posting Period?   The posting Period is a period that is used for posting of day to day transactions…

GOODS AND SERVICE TAX The acronym GST stands for Goods & Service Tax, it is an indirect tax levied on goods and services. The new GST tax system replaces all…

The Art of Conducting A Successful Physical Inventory Physical inventory refers to the process of physically counting and verifying the inventory of a business. Here are the steps involved in…

Account Payable in SAP FICO SAP FICO stands for SAP Financial Accounting and Controlling, which is a module in the SAP ERP system that provides financial and accounting functionalities for…

SAP S/4 HANA for Financial Accounting The finance application in the SAP S/4HANA ERP platform is called SAP S/4 HANA Finance. To deliver quick insights and real-time analysis using all…

Service Procurement  In this blog, we will discuss the service procurement process in detail. We will discuss the following points  Overview of service procurement Process steps of service procurement  …