SAP S/4HANA Finance Articles with Conceptual and Technical & How-To Guides.
It takes time to become an SAP S4 HANA Finance Consultant Becoming an SAP S4 HANA Finance consultant is not a cakewalk. Let’s be honest. It’s not just that you would hunt job sites, apply a few good ones, and shortly get a call. Instead, you need to follow a Read more…
SAP S/4HANA Finance Architecture within SAP HANA SAP S/4HANA Finance Architecture represents a streamlined data model of lightweight structure and compact build-up. It is an Ideal Architecture with aggregating line items that provides compatibility views and a single source of truth. The purpose of this blog is to provide an Read more…
Due to the similar terminology and functionality, one of the top questions these days people search is SAP Central Finance vs S4 HANA Finance or what is the key difference between Central Finance and Simple Finance. To answer it in simple language, here I put a statement. SAP Central Finance Read more…
What is SAP S4 HANA Finance? SAP S4 HANA Finance, also known as SAP Simple Finance is the new generation Finance module on the HANA Platform. It is one of the most important modules of the SAP Business Suite. It majorly has two Parts. One is related to Finance and 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 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…
In this article, we will learn how to create the Standard Cost Estimate in SAP S4 HANA Finance. What is Standard Cost Estimate in SAP S/4HANA? The Standard Cost Estimate is the process of calculating the standard cost of finished and semi-finished materials under SAP Controlling. We also call it Read more…