E013 - Concept and Configuration of Document Types and Number Ranges
Kazeem Olawale Musa
FP&A | Finance Business Partnering | Tech Enthusiast (Excel, RPA, ERP)
In the world of Management Information Systems, there are different functional data and or information. Finance is a sensitive part of the systems and usually has a way of being related to other functions, especially on the point that most of the business activities translate to financial activity.
In SAP Document Types are simply the codifications that tell what type of activity is generating a financial transaction.
Is a transaction posting related to a Vendor, Customer, Payment, Goods Receipt, or Asset (recognition, disposal, depreciation, etc)? The Document Type codifications in SAP make the distinction.
There are standard Document Types that come with SAP and Clients can also quest to have custom Document Types created for them. In general, when there is a need to create custom codifications in SAP, the standard practice is to precede the codes with Y or Z.
Some of the standard Document Types available in SAP are:
How to Configure Document Types in SAP FICO
To configure document types in SAP FICO, follow these steps: