SAP S/4HANA Finance Articles with Conceptual and Technical & How-To Guides.
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…
SAP New GL Migration Scenarios (General Ledger Accounting) is used to define the ledger to be updated during posting. Though we cannot define our scenarios, we can use customer-specific fields. These New GL Migration scenarios are an important part of the SAP S4 HANA Finance implementation. Defining and Assigning SAP Read more…
Master Data in SAP FICO – Introduction There are two types of Data available in SAP. Master Data & Transactional Data. Master Data is the base for any posting of Transactions. In SAP, different dedicated tables are available for Master Data. Here we have four kinds of Master Data in Read more…
What are Ledgers in SAP S4 HANA? Ledgers in SAP S4 HANA store different types of accounting documents. With this, the primary responsibility of General Ledger accounting is to provide a comprehensive picture of external accounting and accounts by reconciling all business transactions in the SAP Software system. Since this Read more…
Why you should choose a career in SAP and what are its major benefits? Lets us learn in detail. SAP is known as a trending skill today. This profession carries lots of career opportunities and worldwide acceptance. Hence, it is the most demanding ERP software. Therefore, most ERP-led industries and Read more…
SAP Business Partner – Introduction The SAP business partner in S4 HANA is now a new way of managing master data for Business Partners, Customers, Vendors, etc. With current development, BP (Business Partner) is the single point of entry to create, edit, and display master data for Business Partners, customers, Read more…
What is Document Splitting in SAP? Document Splitting in SAP is the new functionality introduced in SAP ECC 6.0 New GL to create segment financial statements. However, now it is mandatory in SAP S/4HANA technology. It is used to allocate one expense line item into two segments in New General Read more…
Why is SAP S4 HANA Finance Certification Required? SAP S4 HANA Finance Certification is an authentication of your knowledge of the S4 HANA Finance module. It gives an edge over the non-certified people, who may have the knowledge but don’t have the certificate. Thus, it is wise to go for Read more…