SAP S/4HANA Finance Articles with Conceptual and Technical & How-To Guides.
SAP Central Finance’s benefits are remarkable. They make business processes easy and simple along with providing flexibility and transparency. In this blog, you will learn details of some key benefits of SAP Central Finance. SAP Central Finance – The “Side Car” Approach As the new advanced deployment method in S4 Read more…
What is Cost Object Controlling? Cost object controlling enables you to determine the cost of goods manufactured and sold goods. In this blog, we collect and analyse planned and actual costs on individual cost objects such as manufacturing orders, sales orders, etc. Table of Content: What can you do with Read more…
What is Integrated Asset Acquisition in SAP? When we procure assets through the logistics module with PO, we call it Integrated Asset Acquisition in SAP. Thus, it is a part of External Asset Acquisition. External Asset Acquisition This means purchasing assets with the vendor. We can purchase them either through Read more…
What is Depreciation Area in SAP? A depreciation area in SAP contains the parameters required to evaluate an asset. It is defined by a two-digit numeric key. You may use more than one depreciation area to represent different asset valuations for cost accounting or legal reporting. For example, A chart 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…