What is SAP Fiori? Launched in 2013, SAP Fiori is a collection of applications with a simple-to-use, yet enhanced user interface (UI) for an improved user experience. It is used in performing some of the common tasks and functions in Read more…
What is SAP Accounts Payable? SAP Accounts Payable is an integral part of both Financial Accounting and Materials management purchasing. This FI-AP application manages the vendors, their deliveries, the invoices, the payables and their payments. With Cash Management you can Read more…
What is SAP? SAP stands for System, Applications, and Products in Data Processing. It is a German company that was founded in 1972 with its headquarters in Walldorf, Germany. Today it is the world’s top ERP Solution company, having over Read more…
What are Tables in SAP FICO? Tables in SAP are a storage space in SAP Database that segments and stores data module-wise. Say, for example, we enter any data like Configuration Data, Master data, and Transaction data. Here SAP Tables Read more…
SAP New GL – Solution to Classic GL Shortcomings SAP New GL addresses the shortcoming of the traditional accounting systems in SAP ERP. It provides the required flexibility in accounting and reporting with enhancement packages including EHP 7 – ECC Read more…
What is Company Code in SAP? Company Code in SAP is the smallest Organizational unit of external accounting for which you can create a completely self-contained set of accounts for transaction posting, besides the statutory financial statements. You can also Read more…
SAP FI SD Integration – Order to Cash Process Whenever we sell finished goods to the customer, the customer has to pay for them. In this process, we post the Sales Invoice document which is part of the Sales & Read more…
SAP Profit Center – Introduction SAP Profit Center is a management-oriented organizational unit used for internal controlling purposes. Segmenting a company into profit centers, allows us to analyze responsibility and delegate responsibility to decentralized units. Likewise, it lets you set Read more…
Introduction to SAP Controlling – (SAP CO) SAP Controlling is one of the Functional Modules of SAP that deals with the cost calculation, cost analysis, cost planning and overhead management of the business. As you must know there are two Read more…
Manufacturing and Overhead Variance In this blog, we will discuss the product costing process, Production Order calculation and its variance using the Material Ledger in SAP S/4 HANA Finance. For Production orders, variance can happen in the consumption of components Read more…