SAP S4/HANA Finance Accounts Payable

SAP S4/HANA Finance Accounts Payable
Accounts Payable in S4/HANA
Define Account Groups with Screen layout (Vendors)

Path: Financial Accounting-Accounts Receivable /Accounts Payable- Vendor accounts – Master data – Preparation for creating vendor master data – Define Account Groups with Screen Layout

Acct Group: MKV

Company Code data- Account Management – Reconciliation account is mandatory.

Create Number Range for Vendor Accounts

Path: Financial Accounting-Accounts Receivable /Accounts Payable - Vendor accounts – master data – Preparation for creating vendor master data- Create Number Range for vendor Accounts

External Number Range: MV

Assign Number Range to Vendor Account Group

Path: Financial Accounting-Accounts Receivable /Accounts Payable - Vendor accounts – master data – Preparation for creating vendor master data

MKV assign Number range MV.

Define Number Ranges (Business Partner)-HANA

Path: Cross Application Components – SAP Business Partner – Business Partner – Basic Settings – Number Range and Groupings – Define Number Ranges

Define Number Range MV

Define Groupings & Assign Number Ranges-HANA

Path: Cross Application Components – SAP Business Partner – Business Partner – Basic Settings – Number Range and Groupings

Grouping: MKV

No. Range: MV

Master Data Synchronization - HANA

Path: Cross Application Components- Master Data Synchronization – Customer / Vendor Integration – Business Partner Settings – Settings for Vendor Integration – Field assignment for vendor integration – Assign Keys – Define Number assignment for direction BP to vendor

This is because we want BP to act as FI customer.

Please refer SAP AP Tutorial: SAP AP

Create Business Partner / Create Vendor Master Data

Transaction code: XK01 – This takes to Tcode BP

In S4/HANA FI vendor is replaced with Business Partner to remove data redundancy. When Business Partner is created FI vendor is automatically created by system. Thus, SAP ECC transaction code XK01, XK02, XK03 are all replaced by transaction code BP

Business partner 6000000 created.