Central Finance Initial Load – Description The SAP Central Finance Initial Load is used to transfer postings from your source system to your Central Finance system for a particular period. For instance, the current fiscal year. SAP Central Finance’s initial Read more
Why these SAP FICO Interview Questions For Freshers? Cracking an interview can be crucial for beginners. Due to being no or less experienced, it becomes hard to presume what the employer is going to ask. Thus, I come up with Read more
The periodic Year-end and Month-end closing activities in SAP S4 HANA Finance are carried out in the system by the accounts department. Thus, as the SAP S4 HANA Finance consultant, you need to have a good understanding of these closing Read more
Why go for SAP Certification Exam? Clearing the SAP Certification exam is a dream for every aspirant who wants to become an SAP consultant. It is not just a choice but an essential step towards getting a better job in Read more
SAP Central Finance Architecture – Introduction SAP Central Finance architecture can be divided into Five core parts that replicate SAP and Non SAP data including the transactional data. These are- 1. SAP HANA Database 2. S/4HANA Application 3. Source System Read more
SAP Universal Journal- Reduced Memory Footprints SAP Universal Journal analyzes the major impact of S/4 HANA Finance’s table architecture design on General Ledger Accounting. Furthermore, it also checks the impact of business process transactions and configuration changes. The concept of Read more
What is New Asset Accounting in SAP S/4HANA? New Asset Accounting is SAP’s latest version of Asset Accounting. SAP introduced this module in ERP 6.0 enhancement pack 7. It has since been fully optimized for SAP S/4 HANA with more Read more
In this article, we will learn how to create the Standard Cost Estimate in SAP S4 HANA Finance. What is Standard Cost Estimate in SAP S/4HANA? The Standard Cost Estimate is the process of calculating the standard cost of finished Read more
Bank Account Management in SAP S/4 HANA – Introduction Bank Account Management in SAP S/4 HANA (BAM) is introduced as the brand-new function in Cash Management. Likewise, Bank Account Management is an important area for SAP New Cash Management solutions Read more
SAP HANA Database – Introduction We all know the SAP HANA Database as a massive parallel database management system (RDBMS) that runs fully in the main memory. Traditional RDBMS was designed for optimizing performance on hardware with the main memory. Read more