Thanks lot for making videos , your positively impacting and improving many career aspirants...... helping new finance professionals as well... may God bless you great life🙏
Many thanks Vikram sir. It was very nice session explained in most simple way and clear understanding an. Now I am confident to answer on FI-SD Integration question.
great and clear explanation however very bad quality of displaying screen so when you click the screen after sometime we can configuration which quiet confusing .
It was great explanation Vikram. Being BW consultant, I have many questions in my mind like how FI documents created from Billing, Which category it goes to (Vendor/Customer), how FI_AP and FI_AR documents are connected, why BSID/BSAD, BSIK/BSAK are necessary when we have everything in BKPF/BSEG and many more. can you please suggest any link or make one video for BW consultant specifically ?
Sir,Thanks for the nice explanation! But i have one doubt regarding Outbound delivery entry. As per revenue recognition principle we should recognize the revenue once the goods delivered and risk and rewards transferred to the customer. so as per my understanding Customer a/c Dr to Goods issue a/c Cr and when billing will be done then system will post entry Goods issue a/c Dr to Revenue a/c. But as per SAP Cogs a/c Dr and Stock a/c Cr. I am unable to understand the logic here and COGs is a expense account why we are Debiting expense when we need to recognize the revenue. I would appreciate your help on this. Note: Goods issue account is a clearing a/c i assume here.
Hi Sir, Following u since quite long time. Your approach is very simple and unique. I have one question on this lecture, if i wish to assign Cost Center to COGS account at the time of PGI, how can i do that? Thanks
Great Explanation Sir. I would like to understand 1. how the COGS Value is determined If it is a trading business? and 2. how the COGS Value is determined If it is a non-trading business ?
Learn SAP SD full course at free of cost ..in the below given channel . Check it once and subscribe if you feel it is useful. ruclips.net/channel/UCe3ftxqcRPIHYOM5XkLt3jQ
As Stock is Asset, if it is debited, Its value will be increased. However as the stock is going outside, it shall be decreased. [ Based on fundamental Accounting Principle - Real Accounts ]
Sir, How the value is determine in Out bound delivery entry . In your video the delivery value is 1200 but entry for Out bound delivery entry (COGs Dr...100 To Stock Cr. 100 ).
Outbound entry will be created with value in Material Master. In sir's example, Inventory worth of INR 100 is sold for INR 1200 to Customer. Hence Out bound entry will be created for INR 100 and Billing entry will be created for INR 1200.
Sir I'm confused one thing you told that customer will come from reconciliation account which is assign in customer master data but Recon accounts doesn't allow for the postings then how does it works for the vf01
It mean we can not directly post that GL Account like wise bank Account/ Expenditure Account/ Revenue Accounts. While making entry, u can select the Customer Account ( Customer master - Subledger ) , then it will be posted to recon account ( GL Account - It can't be posted directly). Note: There are alternative ways to post directly to recon Accounts.
Hi Gaurav, I tried your email, but it is not working. Can you tell me about all the prerequisites of O2C and where and how they are configured? Giving me the path to configure them would be enough. Thanks
Great content, clear explanations, and step by step decomposition of transaction and process! Thanks.
You got one subscription!
Glad to help you
great explanation sir thanks from germany, the indien computer science teacher and youtuber are the best in the world
Welcome
Thanks lot for making videos , your positively impacting and improving many career aspirants...... helping new finance professionals as well... may God bless you great life🙏
Thanks
Thank you, Mr Gaurav. Your lecture was a great help to me.
Thanks
Great explanation Sir 🙏🙏
easy and simple explanation.
thank you sir.
Great explanation and clear and structured content! Thanks so much
Thanks
Many thanks Vikram sir. It was very nice session explained in most simple way and clear understanding an. Now I am confident to answer on FI-SD Integration question.
Amazing explanation 😮🎉🎉
Great explanation
Tq uu so much great explanation
Good job sir.
You are best sir, Thanks a lot. Great explanation and clear and structured content. really loved it
Thanks
Good one Vikra ji...Thanks for sharing!!
Great explain😊😊
Super info
Very good explanation.
In detail explanation, thank you so much for :)
welcome
Great training
great and clear explanation however very bad quality of displaying screen so when you click the screen after sometime we can configuration which quiet confusing .
It's good explanation
Thanks
What operating system you are using. Im curious?
Well explained! Thanks
welcome
Nice to information give u sir thanks give me more videos please to real time S4 hana video please
Account modifier comes from OMWN transaction, where based on movement type, special stock indicator, movement indicator it will fetch account modifier
Super
Thanks
Lovely Thanks
It was great explanation Vikram. Being BW consultant, I have many questions in my mind like how FI documents created from Billing, Which category it goes to (Vendor/Customer), how FI_AP and FI_AR documents are connected, why BSID/BSAD, BSIK/BSAK are necessary when we have everything in BKPF/BSEG and many more. can you please suggest any link or make one video for BW consultant specifically ?
Hello Sir , Great explanation ! Have you uploaded video of configuration steps for FI And SD
Visit website: www.gauravconsulting.com
Dear Sir, Your videos are short and sweet [ Awesome ]. I hope GBB-VBR is for "Goods issued to production". Correct me If I am wrong.
Sir,Thanks for the nice explanation! But i have one doubt regarding Outbound delivery entry. As per revenue recognition principle we should recognize the revenue once the goods delivered and risk and rewards transferred to the customer. so as per my understanding Customer a/c Dr to Goods issue a/c Cr and when billing will be done then system will post entry Goods issue a/c Dr to Revenue a/c. But as per SAP Cogs a/c Dr and Stock a/c Cr. I am unable to understand the logic here and COGs is a expense account why we are Debiting expense when we need to recognize the revenue. I would appreciate your help on this.
Note: Goods issue account is a clearing a/c i assume here.
Thank you sir for sharing this
welcome
nicely explained
Thanks
Please tell me what kind of accounting question is asked in inter view
Dear Vikram.
Please let me know do you provide classes on SAP SD module Training.
Not as of now. You can check our courses at www.gauravconsulting.com
Hi Sir,
Following u since quite long time. Your approach is very simple and unique.
I have one question on this lecture, if i wish to assign Cost Center to COGS account at the time of PGI, how can i do that?
Thanks
Great Explanation Sir. I would like to understand 1. how the COGS Value is determined If it is a trading business? and 2. how the COGS Value is determined If it is a non-trading business ?
In both the cases, COGS is the price at which material is valuated in stock
Learn SAP SD full course at free of cost ..in the below given channel .
Check it once and subscribe if you feel it is useful.
ruclips.net/channel/UCe3ftxqcRPIHYOM5XkLt3jQ
Shouldn't stock get debited( reduced as the items have been shipped) and COGS to be credited( that we have incurred cost of goods )?
As Stock is Asset, if it is debited, Its value will be increased. However as the stock is going outside, it shall be decreased. [ Based on fundamental Accounting Principle - Real Accounts ]
Sir, How the value is determine in Out bound delivery entry . In your video the delivery value is 1200 but entry for Out bound delivery entry (COGs Dr...100 To Stock Cr. 100 ).
Hi Malaya,
Please post your questions in our forum section
Forum link: www.gauravconsulting.com/forum
Not necessary that you sell to customer for 100 rupees when you have inventory for 100 rupees.
Outbound entry will be created with value in Material Master. In sir's example, Inventory worth of INR 100 is sold for INR 1200 to Customer. Hence Out bound entry will be created for INR 100 and Billing entry will be created for INR 1200.
Thanks a lot
Sir Your Video are very good.
How Can I get all course SAP SD S/4 Hana video
Go through below link
www.gauravconsulting.com/product-page/sap-s-4-hana-sales-sd-1909-videos
Sir I'm confused one thing you told that customer will come from reconciliation account which is assign in customer master data but
Recon accounts doesn't allow for the postings then how does it works for the vf01
It will not allow in general posting like FB50 and fb01 I believe
It mean we can not directly post that GL Account like wise bank Account/ Expenditure Account/ Revenue Accounts. While making entry, u can select the Customer Account ( Customer master - Subledger ) , then it will be posted to recon account ( GL Account - It can't be posted directly).
Note: There are alternative ways to post directly to recon Accounts.
Hi Gaurav, I tried your email, but it is not working. Can you tell me about all the prerequisites of O2C and where and how they are configured? Giving me the path to configure them would be enough.
Thanks
Hi Ahzam,
Sorry, I am not clear with your question. Can you please WhatsApp at +91 7499355564.
Hi Vikram...thanks a lot for uploading this O2C cycle with short and krisp explanation in detailed. Can you please upload P2P cycle as well?
Here you go
ruclips.net/video/6EK1dO70Zpw/видео.html
Just uploaded on your request!!
I have a doubt. Pls explain it.
1.What is the difference between sales invoice billing .....T Code_ FB70 & VF01.
2. When will i use FB70
We use FB70 to book Customer Invoice without Sales Order. If you want to create a customer invoice with reference to SD Sales Order, then we use VA01.
Hi
This O2C cycle not downloading
Can you update again
macam mana nak buat?
why tr no contract in O2C , without paper agreement how the order will happen...? is he one-time vendor or what ....?
Hi Vikash,
Please post your queries on our forum section
www.gauravconsulting.com/forum
We can also make PGI through VL06O.
Yes
Can you assist on fico
Check course details: www.gauravconsulting.com/product-page/sap-s-4-hana-finance-beginners-live-training
This video is not working
Visit website and buy full video access package.
www. gauravconsulting.com
Message no. BS051
how to overcome with error
pgi full form
Post goods issue
Great explanation