SAP Order-To-Cash The SAP order to cash process is used for processing the business’s sales orders for goods and services. It manages the company’s receivables and accumulates the relevant payments from its customers. This is the opposite of the Purchase-to-Pay Process. Components of SAP Order to Cash We have various Read more…
A Comprehensive List of SAP Asset Accounting Interview Questions These SAP Asset Accounting interview questions would help you to successfully go through your SAP FICO Interviews having questions based on SAP Asset Accounting. Here are the important ones for you. Conceptual SAP Asset Accounting Interview Questions What are the organizational Read more…
SAP General Ledger Period-End Closing The financial closing cycle in SAP General Ledger is the most important period for FI. In this blog, I will explain the financial month-end and Year End closing Processes. It also includes the opening and closing periods, balance carryforward, sub-ledger reconciliation, foreign currency valuation and Read more…
A company may adopt many business processes to run its various operations. These differ as per different departments. Likewise, we have many business processes in SAP FICO. That I have explained this below in this blog article. Order to Cash Business Process in SAP The order-to-cash process in Accounts Receivable Read more…
Here are top 30 SAP S4 HANA Migration Cockpit Interview Questions. A must learn for all Consultant level job preparation. 1. What is the scope of the SAP S4 HANA migration cockpit? Can I use it for mass processing or as an interface to load data into a system frequently? Read more…
Customer Vendor Integration in SAP In S/4HANA we need to create a business partner as a central master record to manage all business processes under one single window. This includes customer role, vendor role, receivable management, and partner determination. This process is called Customer Vendor Integration in SAP. Though in Read more…
What is SAP Customer Master Data? SAP Customer Master data would include all the details regarding the customers that we need to maintain in the system. Subsequently, we use them as and when required. As its name suggests, SAP Customer Master Data is the Master Data related to customer information. Read more…
SAP Product Cost Planning Product Cost Planning (CO-PC-PCP) is an area within Product Cost Controlling (CO-PC) where we can plan costs for materials without reference to orders. Here we can set prices for materials and other cost-accounting objects. You can use Product Cost Planning to analyse the costs of your Read more…
SAP S4 HANA Finance Interview Questions for Beginners This comprehensive list of SAP S4 HANA Finance interview questions is specifically for beginners in SAP. This will give you a guiding path on how to begin your SAP career journey in SAP S/4HANA Finance. Majorly the topics covered Organizational structure, policies, Read more…
Vendor Master Data Vendors are your suppliers of goods and services. Vendor Master Data records contain all the pertinent data needed to place orders, post invoices and issue payments. We can consider each individual vendor master record as a sub-ledger. The sub-ledger concept means that we can maintain individual vendor Read more…