Overview I would like to give an overview of the cash and liquidity management configuration in this blog. It will help you to understand the required configuration steps, process design, and sample key data structure (KDS) for your implementation. It helps businesses to take the decision to manage funds. The Treasury Department can take the […]
Overview – Functions & Features With the Legacy Data Migration new approach, the functionality will be helping the functional consultants without Developer skills. This solution is available from S/4HANA Cloud 2008 and SAP S/4HANA 2020 onwards, this will be replaced by the BDC – Batch Data Communication / LSMW – Legacy System Migration Workbench / […]
This is a techno-functional blog, prepared to help both technical and functional consultants. What is EBS? Electronic Bank Statement is provided to the account holders in standard formats, e.g. CAMT, MT940, BAI2 etc. As a part of Payment Transaction processing, EBS can be imported and posted in SAP for reconciliation. What is CAMT 054 format? […]
Understanding this feature provided by SAP When it comes to making payments to our vendors SAP has given us an option to make the payment to the vendor or to make the payment to another person (Alternative Payee) which is maintained in the Vendor Master Record. This feature is provided to promote flexible payments so […]
FI-SD Integration FI-SD integration is very important topic for FICO consultants. This is the one of most asked interview question and lack of knowledge/concept could result in rejection. This concept could be understood in totality to avoid any confusion. FI-SD integration knowledge for FICO consultant is must in Implementation/Support/Roll Out projects. Scope Purpose VKOA – […]
Interest refers to two related but very distinct concepts: either the amount a borrower pays the bank for the cost of lending or the amount an account holder receives for the favor of leaving money with the bank. In SAP, we can post interest either payable or receivable automatically using transaction code “F.52”. although, some […]
Introduction We can change material master, vendor master, cost center, profit center etc. in mass just copying data from excel (Recommended) or notepad or any other file but data should be arranged in correct format. Solution Before you change master data or transaction data arrange the data in correct format which data you want to […]
Introduction So many peoples do not know this very useful huge time saving function. Here I am trying to explain this time saving functionality in SAP GUI. This is very simple and saves very huge time for SAP consultants and End users. This functionality available in all F4 Help function. Solution In our daily work […]
Today for any Company, compliance with financial reporting procedures has become a hallmark of financial transparency in reporting of net profit , Assets and Liabilities e.t.c Companies are striving hard to automate their month end closing processes to ensure timely flow of financial information for the reporting purpose, accurate recognition of expenses and liabilities at […]
Overview The Central Payment capability of Central Finance allows you to execute most of your financial operations in the newly created S/4HANA landscape while keeping your source system active. The invoice is posted in ECC or R/3 system, and payment could be done in S/4HANA. Also Read: What is SAP S/4HANA Financial Accounting Certification? Introduction […]
