Types of Fiscal Years in SAP

The fiscal year variant defines special posting periods. When a business transaction is recorded, it must be posted to a specific period. The determination of such a posting period is described in FYV. You must define an FYV based on your requirements before assigning that FYV to your company code. A fiscal year variant is […]

Master Data in SAP

Material master data in SAP MM modules refers to all material master records stored in the SAP system. Based on material type, the material master is the central source of information for a material related to several application areas (Purchasing, storage, accounting, sales, etc.). Material master data is maintained at the plant level in SAP […]

Interesting facts about SAP

SAP, a German-based multinational software company, is well-known for its ERP (enterprise resource planning) software, which allows businesses to manage their operations. SAP has a solution for every business size, whether a small, medium-sized, or large corporation. The software packages are tailored to the needs of the businesses based on the size of the company […]

Introduction to SAP Central Finance

The SAP Central Finance deployment for S/4HANA has been in use since Simple Finance when it was known as Central Journal. Since its introduction, the functionality has evolved significantly, with new features added in each S/4HANA release; a good example is the Central Payments functionality delivered in S/4HANA release 1709.   Central Finance uses HANA’s […]

Introduction to SAP ABAP

ABAP stands for Advanced Business Application Programming. SAP created and uses ABAP as a programming language for developing application programs such as reports, screens, interfaces, and data conversions. SAP applications and even parts of its foundation system were written in ABAP. ABAP is an event-driven programming language. An overview of SAP ABAP SAP’s proprietary language […]

Introduction to SAP S/4HANA

SAP S/4HANA is the Enterprise Resource Planning business suite built on the SAP HANA in-memory database, allowing businesses to perform transactions and analyze business data in real-time. S/4HANA is the centerpiece or digital core  of SAP’s strategy for enabling the customers to go through digital transformation, a broadly defined process in which they can modify […]

Introduction to CVI (Customer Vendor Integration) in SAP

A Business partner is a person, organization, or group in which any company has a business interest in the SAP system. Organizations can create, manage, and define their business partners. Customers or vendors are common examples of business partners. However, it is common in business for a vendor to provide you with certain goods and […]

SAP CO Interview questions

Are you considering attending an interview for the SAP Product Costing Developer role but unsure how to prepare for it? What are the most likely SAP Product Costing Interview Questions the interviewer will ask? You’ve arrived at the right place. Our experts have compiled a list of the most frequently requested SAP Product Costing Interview […]

Is SAP FICO a good career opportunity?

SAP is the world’s leading software company, and its popularity is growing rapidly. It provides a plethora of career opportunities within its domain. Even though SAP has released several HANA versions, ECC remains the foundation. As an SAP aspirant, you will almost certainly ask this question. It is one of the most frequently asked questions […]


SAP’s most recent technological innovations include SAP HANA, SAP S/4 HANA, SAP BW/4 HANA, SAP Business Suite, and others. SAP HANA is a database, specifically an in-memory database, whereas SAP S/4HANA is an application that runs on the SAP HANA database. It is a ground-breaking platform built on the company’s new In-memory database. Learning it […]