What is Depreciation Area in SAP? A depreciation area in SAP contains the parameters required to evaluate an asset. It is defined by a two-digit numeric key. You may use more than one depreciation area to represent different asset valuations Read more…
What is Depreciation Calculation in SAP? Depreciation calculation in SAP is the periodic and permanent decrease in the value of the fixed asset over its economic life period because of its usage and associated wear and tear. There are various Read more…
Material Ledger in SAP S4 HANA – Introduction Material Ledger in SAP S4 HANA is used for inventory valuation in multiple currencies and actual costing. In SAP, the word material denotes goods or services that we use for different transactions. Read more…
What is Cost Center in SAP? Cost Center in SAP reflect the organizational structure of a company and displays the areas of responsibility. The cost center structure is very important because it defines the basis for other modules and overhead Read more…
What is Internal Order in SAP? Internal Order in SAP is used to represent projects in Controlling. If we compare with cost centers, we use Internal Orders temporarily. Internal Orders don’t reflect the organizational structure instead they represent for example Read more…
Vendor Master Data in SAP – Introduction The vendor master data in SAP contains records of all the data you need to manage your vendors. It includes the vendor’s personal and business details. While personal details include name, address, language Read more…
Data Replication in SAP Central Finance The data replication in SAP is done between a source system and the central Finance system of S4 HANA Finance. We usually re-create the configuration either manually or via Business Configuration set. These we Read more…
What is Asset Capitalization Process in SAP? Asset Capitalization Process in SAP is the way to record an asset in the fixed asset register in SAP S/4 HANA. We can capitalize on an asset externally and internally. With the External Read more…
COPA Process Flow in SAP FICO COPA Process Flow in SAP allows access to the Online Transaction Processing (OLTP) structures or the core SAP database tables. It also allows the creation of a structure that online Analytical Processing (OLAP) applications Read more…
SAP S4 HANA Deployment is one of the core processes of SAP implementation in an organization. Deployment is a process that includes the SAP project’s preparation, sizing, functional development of the application, cutover, and finally going live of the whole Read more…