In today’s dynamic economic environment, organizations face increased challenges in managing liquidity and optimizing working capital. Corporate treasury has become a cornerstone for navigating these turbulent times, integrating financial risk into d...
Are you still navigating SAP Finance sub-modules with an ECC-era mindset? Mislabeling roles like Multibank Connectivity expert as SAP Treasury Consultant could be costing you the right talent. Learn why understanding the nuanced specializations in S/...
Master data is integral part of all organizations, whatever the industry they belong, so is the concern for data integrity when it comes to providing the master data authorization to certain users. Since humans are prone to errors, there is always, o...
The C_TS4FI_2023 SAP certification primarily focuses on the latest updates in the SAP S/4HANA Finance module, including new features like enhanced financial reporting capabilities, improved integration with other modules, streamlined processes for ac...
Introduction:This blog will help you to Restrict Access to Business Partner Bank Details.Requirement :Customer wants to restrict access to the Bank details on Business Partner , so that only certain people can see and make change the Bank details, bu...
When I started hanging out in the risk management space in the SAP world, one topic that always left me flabbergasted was Forex rates used in Mark to Market and Profit and Loss reporting. Neither did I have an idea about the different rates, nor did ...
As per ISO20022 standard, by end of 2025 text format will be replaced with XML formats. Bank statement format MT940 will be transitioned to XML format CAMT.053. Usage of Payment Order option for scenarios such asNon-Functional currency Payment from F...
This chapter details the main processes with the steps to be executed as part of Universal Cost Allocation functionality. The processes are divided in three sections:Statistical key Figures: Maintain the statistical key figures master data and post d...
Asset Accounting in SAP (FI-AA) is a component of the SAP system that helps manage and monitor fixed assets. It's a subsidiary ledger to the general ledger, providing detailed information on fixed asset transactions. Here are some of the key feature...
1. WHAT IS UNIVERSAL COST ALLOCATION?Universal Cost Allocation is the new simplified functionality in SAP S/4HANA to allocate and distribute cost periodically from one controlling object to one or more others. For example, the costs incurred at a cos...
PROCESS FLOW IN SAP S/4HANAThis section details the main processes with the steps to be executed as part of Group reporting. 1. DATA MONITOR: The process run the configured tasks for local consolidation (at consolidation unit level): Data Collection,...
MAIN CONFIGURATION AND MASTER DATA ELEMENTSIn this section there is a summary of the main tables, customizable objects and master data elements used in the consolidation processes within SAP Group reporting.1. DATA MODEL a) SOURCE TABLES: The tables ...
SAP Group Reporting is the new consolidation solution for SAP on the S/4HANA platform delivered on 1809 release. It provides functions for group accounting and management reporting by supporting process control, data collection, data quality control,...
When embarking on the journey to SAP S/4HANA, choosing the right migration strategy is crucial. Whether you're seeking a complete redesign, a seamless upgrade, or a flexible hybrid approach, your decision will impact the future of your business opera...
Subscription Order Management (SOM) is designed to support the order process of a combination of physical goods, service, and subscriptions. It include contract and order management, billing, and invoice processing. You need expertise in SAP Sales an...
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Ajithsuvarna
on:
Predictive Accounting in S/4HANA Finance (part I)
