What is the Bill of Material in SAP? A Bill Of Material in SAP is a detailed list of components with their quantities that you require in SAP Controlling. You need these components to manufacture X units of a Product. Read more…
Why do you require to migrate the New Asset Accounting to S4 HANA? Migrating New Asset Accounting in S4 HANA is an important part of the Migration of the SAP database into the S/4 HANA system. In other words, you Read more…
What Cost Elements in SAP? Cost Elements in the SAP system create a link between Finance posting with Cost Object like Cost Center, Order, Profitability Segment, etc. In this blog, we will learn how to create Cost Elements in SAP Read more…
WIP in SAP in S/4HANA Finance WIP or Work in Progress for reporting and posting is a mapping exercise. The configurations of WIP in SAP S/4HANA for product cost by Period and Product cost by Order are similar. We will Read more…
Among various questions related to SAP S/4HANA, one frequently asked question is SAP Brownfield vs Greenfield implementation in S/4HANA. So here I am explaining this difference with this piece of the blog post. First of all, you should know that Read more…
What is SAP Cash Management? Cash Management in SAP S/4HANA Finance takes care of the cash movements in business. It ensures on-time availability of funds for financial requirements and payment obligations and maintains accurate liquidity in the business. What is Read more…
What is SAP COPA – Profitability Analysis? SAP COPA is the component of the Controlling module of SAP which deals with reporting of Profitability across various dimensions. It stands for Controlling – Profitability Analysis while popularly referred to as SAP Read more…
SAP FI MM Integration – Know the Basics First FI MM integration in SAP is an example of how different modules of SAP ERP systems are integrated. With the integration, SAP ensures that data from one module flows to another Read more…
What is a Document Type in SAP FICO? The document type is a factor with which we can classify accounting documents in SAP. It is entered in the document header that distinguishes business transactions and helps in managing document storage. Read more…
What is Material Ledger in SAP? Material Ledger in SAP is primarily used to do Inventory Valuation of the organisation. It is an auxiliary ledger with another main objective of carrying material prices in multiple currencies and various valuations also. Read more…