Fiscal Year Variant determines the posting periods to be used by your client’s company.
As the name implies it should be configured to match your client’s accounting year.
The Fiscal Year Variant is very flexible and can be configured to match any organization’s fiscal calendar.
SAP allows a maximum of 16 postings within a fiscal year. The 16 posting periods normally comprise of 12
regular posting periods and 4 special periods, which can be used for such things as posting audits or tax adjustments to a closed fiscal period.
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admin Financial Accounting Module fiscal year variant, Posting Periods, SAP Tutorials
The prior link of this article is Common SAP FI Table
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BSID description is :
- FI Customer open item details stored in this table.
- In this table you will find the both header and customer line item details.
- For each customer document it will store entries based on customer line items in the document.
- This table updates only when there is a entry posted to the customer.
- This table contains only open items relating to customer.
- Entries in this table not appear if that line item cleared due to payment happend / document reversed / manually cleared with another line item.
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admin Financial Accounting Module SAP, SAP FI, SAP FI Table
I found one article which clarify the description of common table of SAP Financial Accounting Module. I think it is very useful for anyone.
The common table of SAP FI module are:
BKPF
BSEG
BSIK
BSAK
BSID
BSAD
BSIS
BSAS
BSAT
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admin Financial Accounting Module SAP, SAP FI, SAP FI Table
All postings in FI-AP(Account Payable Sub-Module) are also recorded simultaneously in FI-GL(General Ledger Sub-Module).
The components of FI-AP are closely integrated with components of MM(Material Management) which, when properly configured, support an automated Procurement Cycle.
The SAP sub-module contains the following features:
- A reporting function to monitor vendor activity
- An Outgoing Payment program, which supports all of the standard Payment Methods (including checks and wire transfers) in printed form as well as in electronic form (data medium exchange called DME on diskette and data transmission)
- Balance confirmations, account statements and other forms of correspondence with vendors to support business requirements
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admin Financial Accounting Module FI-AP, SAP FI, SAP Overview
All postings in FI-AR (Accounts Receivable Sub Module) in SAP system are also recorded simultaneously in FI-GL (General Ledger Accounting Sub Module).
The components of FI-AR are closely integrated with components of SD (Sale and Distribution Module) and MM (Material Management Module) which, when properly configured, support an automated SAP Sales Cycle.
The FI-AR sub-module in SAP contains the following features:
- A component to control customer credit exposure (Credit Management)
- A reporting function to monitor customer activity
- Incoming Payment processing (electronic or manual payment)
- A component to monitor past due customer invoices (Dunning)
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admin Financial Accounting Module Account Receivable, FI-AR, SAP, SAP FI, SAP Overview
