Q&A

Does SAP consultant have future?

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Does SAP consultant have future?

A career in SAP is not just intellectually enriching but also professionally and financially rewarding. The good news is, whether you are a fresher or someone who has been working for a while, you can speed up your career progression and be industry-ready, by getting the TimesPro SAP Training.

Is SAP good for accountants?

Benefits of SAP Course For Accounting Professionals. SAP consultation is one of the most lucrative career prospects in the market. To become an SAP expert, you must know the basics of SAP installation & management, databases, adequate project supervision skills and good communication skills.

Is SAP good in 2021?

The global SAP Application Services market size is expected to at a CAGR of 5.5\% during 2021-26, from USD 34870 million in 2019 to USD 50940 by 2026.

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What are the benefits of asset accounting in SAP Fico?

Further, Asset Accounting in SAP FICO provides real-time integration with FI for simultaneous recording of asset transactions. This includes initial and subsequent acquisition, retirement, transfer and scrapping. Besides this, you can also do some other actions.

What is the SAP asset accounting process?

SAP Asset Accounting process includes Acquisition, Capitalization, retirement, transfer, depreciation calculation and posting of fixed assets. It is surely one of the important submodules of SAP ERP Financial Accounting. Hence, the knowledge of the sap asset accounting process is very important for project implementation and configuration.

How to capitalize the asset maintenance expenses in SAP FI-AA?

Further, Capitalize the asset maintenance expenses in FI-AA using asset settlements through the PM module SAP Asset Accounting process includes Acquisition, Capitalization, retirement, transfer, depreciation calculation and posting of fixed assets. It is surely one of the important submodules of SAP ERP Financial Accounting.

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What are the types of fixed asset accounting in SAP?

The Fixed Asset Accounting in SAP has two types of Structure. A fixed asset can be a simple asset or a complex asset. Simple Asset: A simple asset is represented by the main asset number and does not have any sub-asset. Complex Asset: While a complex asset is denoted by the main asset number that contains one or more sub-asset.