GL Master Data – SAP General Ledger Accounts GL Master data in SAP control the posting & Processing of accounting transactions to G/L accounts. In order to post anything to General Ledger, GL Master data is mandatory. G/L Accounts General Read more
What is Data Replication in SAP Central Finance? SAP LT Replication server used as the main tool for data replication of Financial postings from SAP as from Non-SAP system. LT server used for the following- Initial Load Ongoing replication Initial Read more
FI SD Integration. FI MM Integration. FI SD Integration (and FI-MM integration) in SAP is an important aspect of the Finance configuration process in the implementation project. A business that deals with sales and materials must go through this process Read more
What is the Fiscal Year Variant in SAP? The time period which SAP uses to draw the financial statements for a fiscal year is defined as a Fiscal Year Variant. In the standard SAP system, we denote all Calendar Year Read more
SAP Finance interview Questions are vital to performing best in your FICO interviews. These questions guide you through your interview preparation. Additionally, they help you to work through real-time issues you would face during your consultant job. Following are the Read more
SAP Accounts Receivable – The S/4HANA Receivables Management SAP Accounts Receivable provides complete functionalities that integrate sub-ledger accounting through account receivable. We popularly call it Receivable Management in S/4 HANA. It monitors and manages overdue receivables through dispute management, and Read more
SAP Central Finance’s benefits are remarkable. They make business processes easy and simple along with providing flexibility and transparency. In this blog, you will learn details of some key benefits of SAP Central Finance. SAP Central Finance – The “Side Read more
Once a Central Finance project is Live, the run phase begins. During this phase, we conduct the actual options of an active SAP Central Finance implementation. In this blog, I will briefly introduce the center of excellence paradigm before moving Read more
What is Cost Object Controlling? Cost object controlling enables you to determine the cost of goods manufactured and sold goods. In this blog, we collect and analyse planned and actual costs on individual cost objects such as manufacturing orders, sales Read more
What is Integrated Asset Acquisition in SAP? When we procure assets through the logistics module with PO, we call it Integrated Asset Acquisition in SAP. Thus, it is a part of External Asset Acquisition. External Asset Acquisition This means purchasing Read more