Background Large number of companies operate in multiple countries. There are good number of inter-company transactions between two countries. Due to inter-company transactions purchase and sale between two inter-company, Accounts Receivables and Account payable netting becomes a herculean task. There could be huge number of payable and receivables transaction standing in both companies. One option […]
SAP S/4HANA Finance
Things to remember in Foreign Currency Valuation
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 […]
SAP S/4HANA Cash Pool / Concentration
1. Overview Cash pooling / Cash concentration is a financial management strategy that lets companies maximize their current credit and debit cash positions to optimize the use of surplus funds of all subsidiaries in a group, reduce external debt, and increase available liquidity. Physically, via concentration by sweeping accounts upward, the concentration account can bring […]
AVL in SAP Central Finance
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 […]
SAP S/4HANA Cloud for group reporting 2102 release is generally available
As we continue our development focus on SAP’s next-generation software for financial consolidation, this new release strengthens the quality of our product and delivers on feature innovation and improvements to help you run your financial close process. With the 2102 release, you can now: Equity pickup automation The equity pickup (EPU) is a regulatory requirement […]
SAP Financial product subledger overview
Overview What is Finance sub-ledger of SAP SAP FPSL or Financial Product Sub-ledger is SAP’s solution to support various Financial services organization to manage finance products as separate sub-ledger and enable acquiring instant financial insight at any level of detail for analytics and reporting. SAP FPSL is also dedicated multi-GAAP and multi-entity sub-ledger. The product […]
Highlights for Finance in SAP S/4HANA 2020
This blog provides you with a systematic list and benefits of selected innovations in Financial Planning and Analysis, Accounts Receivables, Revenue Accounting and Reporting, Treasury Management, Contract Accounting and Invoicing, Group Reporting and Central Finance. Financial Planning and Analysis Margin Analysis Increased flexibility of profitability reporting based on the universal journal Improved flexibility to add […]
Bank Account Management in SAP S/4 HANA- A Master Data perspective
One of the key changes for the Bank Account Management in SAP S/4 HANA has been that Bank Accounts are no longer configured; and are actually treated as master data. This, in turn provides complete lifecycle management and change control for the Bank Accounts to the business user. In this blog post I would talk […]
How to make certain Dynamic Selection Fields Preselected in FBL1N,FBL5N and FBL3N?
Introduction Everyone uses FBL1N, FBL3N and FBL5N. Lots of times we utilize the Dynamic Selection Fields but everytime we use it we have to find the field and do some unnecessary Clickings. How we can get rid of the Clicking so that the Dynamic Selection Field is preselected. Solution Everytime we go to FBL5N Transaction […]
Central Payments in SAP S/4HANA Central Finance
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 […]