Knowledgable Content for Beginners and Consultants.
SAP FICO – A Complete Career Guide If you are a beginner in SAP with a finance or accounting background and want to build a sustained career, I suggest you go through this all-inclusive guide on SAP FICO. I assure you that after reading this, you will be able to Read more
What is the Dunning Procedure? Dunning Procedure is a systematic process that businesses use to remind customers of overdue payments through a series of escalating notifications such as, reminder letters, emails, or calls. On many occasions, a customer may fail to pay an invoice on time for various reasons. Hence, Read more
The brownfield implementation approach of converting the existing SAP ERP to S/4 HANA requires setting up Customer-Vendor Integration (CVI) by reviewing the existing number range assignments and performing a large number of data validation and synchronization checks. The CVI cockpit is a user-friendly tool to make the end-to-end Business Partner Read more
What is SAP MRP? SAP MRP (Material requirements planning) is a planning tool to help production and procurement planners create feasible and realistic plans so they can quickly initiate procurement or production processes. Planners need material planning tools to accurately plan materials for timely availability across the entire logistics and Read more
How is SAP Career for Freshers? SAP Career for Freshers seems challenging initially. If you’ve recently completed SAP training, specifically in SAP finance, and you find yourself applying for various jobs without success. Or perhaps you’re getting interview calls but not making it past the first round. So how to Read more
SAP S/4 HANA covers the business processes like Procure-to-Pay, Order-to-Cash and record-to-report. To understand the functioning of tax on sale purchase in SAP we need to know all tax-relevant steps within the end-to-end scenarios. Additionally, we should know the business processes behind them and then need to integrate their requirements Read more
SAP New GL Activation and Migration From Classic GL During a new installation, the New G/L accounting in the standard system is set to active. While the use of classic General Ledger is theoretically also possible for new customers. As SAP advises, we should do SAP New GL activation in Read more
SAP Material Management in S/4HANA Logistics SAP Material Management is an integral part of Logistics. in SAP. Logistics in SAP incorporates a number of separate areas together. This is to follow the movement of materials from the manufacturer to the consumer. Logistics, in essence, is the management of business operations. Read more
SAP Order-To-Cash The SAP order to cash process is used for processing the business’s sales orders for goods and services. It manages the company’s receivables and accumulates the relevant payments from its customers. This is the opposite of the Purchase-to-Pay Process. Components of SAP Order to Cash We have various Read more
What is Dunning in SAP? Reminding a business partner to pay (payment reminder) is called dunning in SAP. You can configure the dunning program to dun customers and vendors (if there is a debit balance resulting from a credit memo). Parameters for Dunning in SAP Maintaining dunning parameters that identify Read more