Valuable Articles on SAP MM | SD | HANA | ABAP | HR & More.
Is a Career in SAP FICO good? Yes, a career in SAP FICO is still very good and demanding. It is even better if you are from an account or finance background. SAP is the leading ERP worldwide and its popularity and demand are increasing day by day. It offers Read more…
SAP FICO vs. S4 HANA Finance The main difference between SAP FICO and S4 HANA Finance is the technology used in them. SAP FICO works on the ECC model, while SAP S4HANA Finance (Simple Finance) is based on the in-memory HANA database which works on cloud technology. The following are Read more…
The periodic Year-end and Month-end closing activities in SAP S4 HANA Finance are carried out in the system by the accounts department. Thus, as the SAP S4 HANA Finance consultant, you need to have a good understanding of these closing activities in SAP. Importance of Closing Activities in SAP Many Read more…
Why go for SAP Certification Exam? Clearing the SAP Certification exam is a dream for every aspirant who wants to become an SAP consultant. It is not just a choice but an essential step towards getting a better job in the SAP sector. Almost all companies with SAP applications prefer Read more…
SAP Central Finance Architecture – Introduction SAP Central Finance architecture can be divided into Five core parts that replicate SAP and Non SAP data including the transactional data. These are- 1. SAP HANA Database 2. S/4HANA Application 3. Source System 4. Data Bus 5. LT Replication Server. SAP Central Finance Read more…
SAP Universal Journal- Reduced Memory Footprints SAP Universal Journal analyzes the major impact of S/4 HANA Finance’s table architecture design on General Ledger Accounting. Furthermore, it also checks the impact of business process transactions and configuration changes. The concept of the Universal Journal in SAP emerges with the first launch Read more…
What is New Asset Accounting in SAP S/4HANA? New Asset Accounting is SAP’s latest version of Asset Accounting. SAP introduced this module in ERP 6.0 enhancement pack 7. It has since been fully optimized for SAP S/4 HANA with more added features. Prerequisite for New Asset Accounting We need Enterprise Read more…
Bank Account Management in SAP S/4 HANA – Introduction Bank Account Management in SAP S/4 HANA (BAM) is introduced as the brand-new function in Cash Management. Likewise, Bank Account Management is an important area for SAP New Cash Management solutions with implications for cash position, payment management, and bank statements Read more…
SAP HANA Database – Introduction We all know the SAP HANA Database as a massive parallel database management system (RDBMS) that runs fully in the main memory. Traditional RDBMS was designed for optimizing performance on hardware with the main memory. However, the SAP HANA database is designed from the idea Read more…
SAP New Asset Accounting powered by S4 HANA The New Asset Accounting in SAP works on the HANA platform. SAP launched its first version on ERP 6.0 Enhancement Pack 7 (EHP7). Since then, it has been optimized for SAP S/4 HANA and S4 HANA Finance. With SAP New Asset Accounting, Read more…