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 […]
Purpose: To demonstrate how the Depreciation to the Day functionality works in SAP S/4HANA What will you learn from this Blog post? From this blog post you can understand Calculation of depreciation when the “Depreciation to the day” functionality is active in SAP S/4HANA. Special considerations in Leap year vs Non leap year that needs […]
The idea of this blog post is to explain some of the situations vs. solutions I came across while using Revaluation of Consumption on the original account assignment. Below are the questions I will try to answer: What is the use of Movement Type Group in Material Ledger? How you can do a revaluation of […]
Recent years have seen a resurgence in large organisations taking on major SAP upgrades with the relatively new SAP business suite 4 HANA (S/4HANA) collection of applications. But what exactly is HANA? and what is S/4HANA? How is implementing or upgrading to it different from the R/3 upgrades that were significant programs for many organizations […]
Purpose: Purpose of this blog post is to understand the currency translation process from the Business and from SAP S/4HANA Finance for group reporting perspective. What will you learn from this blog post? From this blog post, you will be able to understand: Overview of currency Translation from Business process side. How SAP S/4HANA Finance […]
Introduction With S/4HANA 1709, the “Verify General Journal Entries” Apps were introduced. There are three apps, as follows: App ID F2547: Verify General Journal Entries – For Requester App ID F2728 :Verify General Journal Entries – For Processor (Inbox) App ID F2729: Verify General Journal Entries – For Processor (Outbox) The process is driven by […]
Introduction With S/4HANA 1709, the “Verify General Journal Entries” Apps were introduced. There are three apps, as follows: App ID F2547: Verify General Journal Entries – For Requester App ID F2728 :Verify General Journal Entries – For Processor (Inbox) App ID F2729: Verify General Journal Entries – For Processor (Outbox) The process is driven by […]
The following article is an exemplification of the most common business operations related to bank account management, performed in a SAP S/4HANA environment using SAP Fiori App instead of classic SAP GUI transaction code (tcode). This may be useful once your company implements the next generation ERP, i.e. SAP S/4HANA starting with which you can […]
Overview Working for many companies I quite often found inconsistencies in tax code customizations between systems. Meeting many FI consultants I saw different approaches in transporting tax codes between systems. Being a SAP FICO consultant for 12 years I´d like to summarize in this blog post all best practices and tips I gathered to streamline […]
This document is intended to provide quick and concrete common post conversion to S/4HANA tips that customers can include (if relevant) in their first conversion cycle and embrace these as part of their conversion journey so that this possible issue don’t arise during the production conversion. Also Read: SAP S/4HANA Financial Accounting Certification Preparation Guide […]
