What is open item and line item in SAP?
What is open item and line item in SAP?
Open item means the line item is open and it’s not cleared by a clearing transaction i.e. it’s an unfinished transaction in SAP. This allows us to check whether a particular vendor transaction has been paid or not. Customer Accounts and Vendor Accounts are automatically open item managed.
How does SAP process salary?
Step 1) In the SAP command prompt , Enter transaction PC00_MXX_CALC , where XX = Molga of the country for which you want to execute payroll. Step 2) In the next SAP screen, Enter Payroll Area. Select Current Period.
What is the TCode to manually clear vendor line items in SAP?
You can also use tcode F-44 in SAP to clear the vendor open items.
Is SAP used for payroll?
SAP SuccessFactors Employee Central Payroll software can help you automate and accelerate processing, reduce risk, and simplify payroll management. Manage core HR, payroll, talent management, and analytics in an integrated payroll management system.
How much does a sap Fico consultant make?
How much does a SAP FICO Consultant make? The national average salary for a SAP FICO Consultant is $92,490 in United States. Filter by location to see SAP FICO Consultant salaries in your area.
What’s the average salary of a SAP Consultant in India?
The national average salary for a SAP FICO Consultant is ₹635,235 in India. Filter by location to see SAP FICO Consultant salaries in your area. Salary estimates are based on 269 salaries submitted anonymously to Glassdoor by SAP FICO Consultant employees.
What does sap Fico stand for in accounting?
SAP FICO stands for FI ( Financial Accounting) and CO (controlling). In SAP FICO, SAP FI take cares about accounting, preparation of financial statements, tax computations etc, while SAP CO take cares of inter orders, cost sheet, inventory sheet, cost allocations etc.
What is the passing score for SAP FI?
It means that you should try to answer as many questions as possible even if you are not sure what is the correct answer. You will be given 180 minutes to complete the certification. The current passing score for SAP FI certification is around 60%. Official SAP FI Certification Questions