SAP FICO Tutorial
SAP FICO Useful Resources
Selected Reading
- SAP FI - Integration
- SAP CO - Planning Methods
- SAP CO - Profitability Analysis
- SAP CO - Product Costing
- SAP CO - Tables in Module
- Assigning Materials to Profit Center
- Assigning Cost to Profit Centers
- Profit Center Standard Hierarchy
- SAP CO - Postings to Profit Center
- SAP CO - Profit Center
- SAP CO - Settlement of IO
- SAP CO - Internal Orders
- SAP CO – Post to a Cost Center
- SAP CO - Create Cost Center
- SAP CO - Cost Center
- SAP CO - Submodules
- SAP CO - Overview
- SAP FI - Cash Management
- SAP FI - AA Asset Explorer
- SAP FI - AA Overview
- SAP FI - AR Reporting
- SAP FI - AR Account Analysis
- SAP FI - AR Invoice Processes
- SAP FI - Tables in Module
- SAP FI - Exchange Rates
- SAP FI - Dunning
- SAP FI - Month End Closing
- SAP FI - Posting Rounding Differences
- SAP FI - Automatic Payment Run
- SAP FI - Reset AP Cleared Items
- SAP FI - Outgoing Partial Payments
- Withholding Tax in vendor invoice
- SAP FI - Foreign Currency Invoice
- Post Outgoing Vendor Payment
- SAP FI - Purchases Returns
- SAP FI - Post Purchase Invoice
- SAP FI - One-Time Vendor
- SAP FI - Delete a Vendor
- SAP FI - Block a Vendor
- SAP FI - Display Changed Fields
- SAP FI - Create Vendor Acct Group
- SAP FI - Create a Vendor
- SAP FI - Accounts Payable
- SAP FI - Credit Control
- SAP FI - Reset AR Cleared Items
- SAP FI - Incoming Partial Payments
- SAP FI - Foreign Currency Invoice
- SAP FI - Post Incoming Payment
- SAP FI - Sales Returns
- SAP FI - Document Reversal
- SAP FI - Post a Sales Invoice
- SAP FI - One-Time Customer Master
- SAP FI - Customer Account Group
- SAP FI - Delete a Customer
- SAP FI - Block a Customer
- SAP FI - Customer Master Data
- SAP FI - Accounts Receivable
- SAP FI - G/L Reporting
- SAP FI - Park a G/L Document Posting
- SAP FI - Hold a G/L Document Posting
- SAP FI - Post with Reference
- SAP FI - Document Number Ranges
- SAP FI - Define Document Type
- SAP FI - Define Posting Keys
- SAP FI - Field Status Group
- SAP FI - Field Status Variant
- SAP FI - Posting Period Variant
- SAP FI - Fiscal Year Variant
- SAP FI - Journal Entry Posting
- SAP FI - Financial Statement Version
- SAP FI - Deleting G/L Accounts
- SAP FI - Block G/L Account
- SAP FI - G/L Account
- SAP FI - Retained Earnings Account
- SAP FI - COA Group
- SAP FI - General Ledger
- SAP FI - Define Credit Control
- SAP FI - Define Functional Area
- SAP FI - Define Business Area
- SAP FI - Company Basics
- SAP FI - Submodules
- SAP FI - Overview
- SAP FICO - Home
SAP FICO Useful Resources
- SAP FICO - Discussion
- SAP FICO - Useful Resources
- SAP FICO - Quick Guide
- SAP FICO - Questions Answers
Selected Reading
- Who is Who
- Computer Glossary
- HR Interview Questions
- Effective Resume Writing
- Questions and Answers
- UPSC IAS Exams Notes
SAP FI - Create a Vendor
SAP FI - Create a Vendor
Vendor Master Records are used by both the Accounting component and the Purchasing component. Before you create a vendor master record in Accounting, you need to make sure that the master record is not already created in Purchasing.
How to create vendor master data in SAP FI?
You can create a vendor master record by referencing an existing one. In this case, the system copies certain data from the reference master record, however the system does not transfer all the data.
If you have SAP Material Management configured, you can create a vendor master record centrally. Here we will discuss how to create vendor master record for a company code.
Go to Accounting → Finance Accounting → Accounts Payable → Master Record → Create.
The following window will open. If you are using an external number assignment, enter the vendor account number, otherwise the system will assign once you cpck "Save the master record".
Press Enter after entering the Company code, Account group. It will open a new window will open where you need to enter the following details −
Name of the Vendor.
Term for searching the Vendor Id.
Street/House Number and Postal code 6 digit/City.
Country/Region and cpck the Next screen button at the top.
A new window will open. Enter the Vendor control group details. If the vendor is from a corporate group, enter the corporate group name.
Once you press Enter or cpck Next Screen, enter the bank account details as shown below and cpck the Next Screen icon.
Next, enter the contact person details, name, telephone, description and go to the next screen.
In the next screen, enter the Recon Account and cash management group (domestic/Foreign, etc.)
Cpck the Next Screen icon and enter the payment transactions accounting details.
Enter Payt terms (pke pay immediately, pay after 14 days 3% cash, etc.).
Once you are done with all the details, cpck the Save button at the top. You will get a message that a vendor has been created in the given company code.
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