In the complex structure of SAP the bridge between sales and distribution (SD) and Financial Accounting (FI) is among the most crucial routes to business automation. This integration makes sure that each when a sales representative sends a bill to a client and the financial consequences--revenue acknowledgement, tax obligation and accounts receivables--is noted in the General Ledger instantly.
If you're conducting research or you're enrolled in a sap fico course in Pune getting to know how to make your own "Order-to-Cash" (O2C) hyperlink could be the way to becoming an expert advisor. The key to this entire procedure is a specific Transaction Code called VKOA.
The Heart of Integration: T-code VKOA
While a range of T-codes are utilized in the sales cycle VKOA (Assign G/L Accounts) is the "main" T-code utilized for an integration with FI-SD. It's the principal engine employed to automate Accounting Determination.
If a form for billing is created (T-code VFO01) The system doesn't check which account it is going to debit. Instead, it analyzes the settings of VKOA in order to identify the appropriate G/L account, which is based on a set criteria used in the process for Condition.
How VKOA Works: The 5 Standard Tables
SAP uses an "Access Sequence" to find the appropriate accounts for G/L. It varies from the most precise needs to the more generic. The tables that are common in VKOA include:
Table 001: Cust. Grp/Material Key for Grp/Acct (Highly specific)
Table 002: Cust. Grp/Acct Key
Table 003: Material Grp/Acct Key
Table 04 General (Least specific)
Table 005: Acct Key (Fallback)
Sap Analytics Cloud
The Order-to-Cash (O2C) Integration Flow
To fully understand VKOA it is vital to comprehend how it is included in the sale's life process. For students taking the sap fico program in Pune the sequence from beginning to end is usually discussed in interviews.
1. Sales Order (VA01)
At the moment, there's not a Financial posting. The system is mainly checking the stock availability (MM) along with credit limit (FI-AR).
2. Post Goods Issue - PGI (VL01N)
Once the warehouse is empty the first entry in accounting is created. This is an interaction between SD and Material Management (MM) using T-code OBYC:
Debit: Cost of Goods Sold (COGS).
Credit: Inventory Account.
3. Billing Document (VF01)
This is in which VKOA stands out. After the invoice is created
Debit: Customer Account (Accounts Receivable).
Credit: Revenue Account (Found via VKOA using Account Key ERL).
Credit Account for Taxes on sales (Found by using the T-code OB40 by using the Key MWS for the Account). Key MWS).
Why Learn This Integration in Pune?
Pune is one of the significant manufacturing and IT hub that is home to major automotive manufacturers worldwide as well as IT consultancy firms like Accenture, Capgemini, and IBM. These companies handle large-scale transactions in sales every second.
In a Sap Fico classes in Pune will give you the local knowledge required to help the industries. The best institutes in Pune have an access point to the server which you can create VKOA on your own and test real-world scenarios like domestic and. export sales, service or revenues from product. revenues from the sale of products.
Sap Analytics Cloud
If you're conducting research or you're enrolled in a sap fico course in Pune getting to know how to make your own "Order-to-Cash" (O2C) hyperlink could be the way to becoming an expert advisor. The key to this entire procedure is a specific Transaction Code called VKOA.
The Heart of Integration: T-code VKOA
While a range of T-codes are utilized in the sales cycle VKOA (Assign G/L Accounts) is the "main" T-code utilized for an integration with FI-SD. It's the principal engine employed to automate Accounting Determination.
If a form for billing is created (T-code VFO01) The system doesn't check which account it is going to debit. Instead, it analyzes the settings of VKOA in order to identify the appropriate G/L account, which is based on a set criteria used in the process for Condition.
How VKOA Works: The 5 Standard Tables
SAP uses an "Access Sequence" to find the appropriate accounts for G/L. It varies from the most precise needs to the more generic. The tables that are common in VKOA include:
Table 001: Cust. Grp/Material Key for Grp/Acct (Highly specific)
Table 002: Cust. Grp/Acct Key
Table 003: Material Grp/Acct Key
Table 04 General (Least specific)
Table 005: Acct Key (Fallback)
Sap Analytics Cloud
The Order-to-Cash (O2C) Integration Flow
To fully understand VKOA it is vital to comprehend how it is included in the sale's life process. For students taking the sap fico program in Pune the sequence from beginning to end is usually discussed in interviews.
1. Sales Order (VA01)
At the moment, there's not a Financial posting. The system is mainly checking the stock availability (MM) along with credit limit (FI-AR).
2. Post Goods Issue - PGI (VL01N)
Once the warehouse is empty the first entry in accounting is created. This is an interaction between SD and Material Management (MM) using T-code OBYC:
Debit: Cost of Goods Sold (COGS).
Credit: Inventory Account.
3. Billing Document (VF01)
This is in which VKOA stands out. After the invoice is created
Debit: Customer Account (Accounts Receivable).
Credit: Revenue Account (Found via VKOA using Account Key ERL).
Credit Account for Taxes on sales (Found by using the T-code OB40 by using the Key MWS for the Account). Key MWS).
Why Learn This Integration in Pune?
Pune is one of the significant manufacturing and IT hub that is home to major automotive manufacturers worldwide as well as IT consultancy firms like Accenture, Capgemini, and IBM. These companies handle large-scale transactions in sales every second.
In a Sap Fico classes in Pune will give you the local knowledge required to help the industries. The best institutes in Pune have an access point to the server which you can create VKOA on your own and test real-world scenarios like domestic and. export sales, service or revenues from product. revenues from the sale of products.
Sap Analytics Cloud