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
SAP New Asset Accounting powered by S4 HANA The New Asset Accounting in SAP works on the HANA platform. SAP launched its first version on ERP 6.0 Enhancement Pack 7 (EHP7). Since then, it has been optimized for SAP S/4 Read more
SAP New GL Migration Scenarios (General Ledger Accounting) is used to define the ledger to be updated during posting. Though we cannot define our scenarios, we can use customer-specific fields. These New GL Migration scenarios are an important part of Read more
SAP Central Finance – Introduction SAP Central Finance is a standard SAP solution delivered for easier, faster, better and cheaper adoption and subsequent operation of the central system for Finance. Hence, it reduces the effort and risk of customized project Read more
Master Data in SAP FICO – Introduction There are two types of Data available in SAP. Master Data & Transactional Data. Master Data is the base for any posting of Transactions. In SAP, different dedicated tables are available for Master Read more
What are Ledgers in SAP S4 HANA? Ledgers in SAP S4 HANA store different types of accounting documents. With this, the primary responsibility of General Ledger accounting is to provide a comprehensive picture of external accounting and accounts by reconciling Read more
Why you should choose a career in SAP and what are its major benefits? Lets us learn in detail. SAP is known as a trending skill today. This profession carries lots of career opportunities and worldwide acceptance. Hence, it is Read more
SAP Business Partner – Introduction The SAP business partner in S4 HANA is now a new way of managing master data for Business Partners, Customers, Vendors, etc. With current development, BP (Business Partner) is the single point of entry to Read more
What is Document Splitting in SAP? Document Splitting in SAP is the new functionality introduced in SAP ECC 6.0 New GL to create segment financial statements. However, now it is mandatory in SAP S/4HANA technology. It is used to allocate Read more
Profit Center Accounting in SAP is an important topic of SAP CO. Thus, usually, interviewers ask questions on this subject, considering important questions in SAP FICO interviews. Let’s learn a few of them with explanations. Q1. What is Profit Center Read more