Valuable Articles on SAP MM | SD | HANA | ABAP | HR & 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 collection management. It also set up rules to determine credit Read more…
What is SAP Management Accounting? SAP Management Accounting on S/4HANA follows the complete process of SAP CO and uses the advancement of S/4HANA technology. It is based on the HANA platform, which works on cloud technology. It also includes the migration of the financial process to HANA along with all 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 methods of depreciation calculation in SAP that we can use. 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. These include purchasing, sales, production, warehouse and inventory management etc. 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 reporting. How to activate Cost Center Accounting in SAP Before 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 manually import actually. We can handle the Master data manually 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 method, we-purchase assets from the vendor. While, with the internal 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 project. Deploying SAP S4 HANA Finance The SAP S4 HANA Read more…
What is SAP Predicitve Accounting? SAP Predictive accounting is a projection of the cost and profitability of the incoming sales order. When there is a gap between sales order and actual sales invoice we need to estimate the cost and revenue of the particular sales order to get an advanced Read more…
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 SAP from multiple devices including desktops, smartphones and tablets. Coupled Read more…