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This tutorial guides you a brief introduction about SAP FICO Module or also introduce How can this module add value to your CV.

  • 1
    What is the company code in SAP? To generate financial statements like Profit and Loss statement, Balance sheets etc. company code is used. For a Company Code how many currencies can be configured? There are three currencies that can be configured for a Company code, one is a local currency and two are the parallel currencies. In SAP how input and output taxes are taken care? For each country tax procedure is defined, and tax codes are defined within this. There is a flexibility to either expense out the Tax amounts or capitalize the same to stocks. In SAP what is the use of FSV (Financial Statement Version)? FSV (Financial Statement Version) is a reporting tool. It can be used to extract final accounts from SAP like Profit and Loss Account and Balance Sheet. The multiple FSV's can be used for generating the output of various external agencies like Banks and other statutory authorities. What is APP in SAP Fico? APP stands for 'Automatic Payment Program'; it is a tool provided by SAP to companies to pay its vendors and customers. APP tools help to avoid any mistakes taken place in posting manually. Also, when number of employees is more in the company, payment through APP becomes more feasible.


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