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…
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 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…
What is Company Code in SAP? Company Code in SAP is the smallest Organizational unit of external accounting for which you can create a completely self-contained set of accounts for transaction posting, besides the statutory financial statements. You can also use a company code to represent a legally dependent operating Read more…
S4 HANA Vs HANA – The Debate of Terms There is much confusion among SAP beginners about the difference between SAP S4 HANA and SAP HANA. If you too are part of this S4 HANA vs HANA disputation, then read on. This article tells you the exact difference between the Read more…
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…
Central Finance in SAP First and foremost Central Finance is one of the deployment options in SAP S/4HANA. It curbs the needs of the new-age ERP-enabled enterprises and plays a transformative role. Why SAP Central Finance? Today multi-ERP system landscapes are complex and may involve several different ERP source systems. Read more…
SAP End Users are responsible for operating day-to-day transactions after the SAP project Go Live. In the case of Finance, an SAP FICO End User does activities like posting an invoice, collections, Purchase orders, Goods receipts, etc. What does an SAP FICO End User does daily? Posting invoice into the 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…