Introduction: In this document, I would like to explain the different scenarios in the procurement process. The procurement process starts from purchase requisition and ends with payment to the vendor. Hence this process is popular with the word ‘P2P’ Process. It deals with procuring materials, services, different contracts associated with procurement. I have explained few […]
We frequently come across new business requirements. Sometimes we can achieve the same using standard process and at times we need to do the customization or we need to think of another way out to meet the business requirement. Recently, I came across one business requirement where business needs to transfer their inventory to the […]
Introduction In this document, I would like to explain the different scenarios in the procurement process. The procurement process starts from purchase requisition and ends with payment to the vendor. Hence this process is popular with the word ‘P2P’ Process. It deals with procuring materials, services, different contracts associated with procurement. I have explained few […]
Introduction (P2P – Process) In this document, I would like to explain the different scenarios in the procurement process. The procurement process starts from purchase requisition and ends with payment to the vendor. Hence this process is popular with the word ‘P2P’ Process. It deals with procuring materials, services, different contracts associated with procurement. I […]
Introduction: This blog post will not take you through the customizing of foreign currency valuation; instead you will learn one or two things differently. I will be explaining features and functions of FCV in SAP. Below are the key points we will be looking at: Brief introduction of FCV Scope of FCV How GLs are […]
Introduction: The purpose of intercompany reconciliation is to facilitate the organization for group level reporting. Today, the graph of industries with their subsidies are increasing on global level resulting, the huge amount of transactions are being generated between a subsidiary and it’s parent company or between two parent companies or between two subsidies of a […]
In this blog i will be discussing about the AVL functionality in SAP Central Finance. AVL stands for “Accounting View of Logistics information”. Accounting View of Logistics (AVL) is Central Finance-specific functionality in which logistical information is loaded and replicated from SAP source systems into Central Finance and stored in separate tables. Benefits AVL provides […]
1. Introduction This blog will try to provide an understanding of what is Shorten Fiscal Year (SFY). It also covers finance related configurations and ends by giving an overview of stages in a SFY project. Shortened Fiscal Year is a fiscal year that contains less than twelve months/periods. A Shortened Fiscal Year will be required […]
A. Introduction: In this blog post, I would like to share my knowledge on the different scenarios related to fund transfer between our company bank accounts. After completion of the blog post reading, you will understand the bank to bank transfer process with in the company code, between the company codes(Co.Codes belongs to same country) […]
Overview I would like to give an overview of the cash and liquidity management End-User steps in this blog post. It will help you to understand how the cash flows like cash inflow and cash outflow as well as liquidity position in your system. It helps businesses to take the decision to manage funds. The […]
