The Data Transition Validation (DTV) Tool is a new tool available for SAP S/4HANA conversion projects targeting S/4HANA 2021: DTV allows the establishment of a project that spans the entire conversion process. Within the DTV project specific reports can be identified and configured to capture key financial data before and after system conversion. The pre- […]
What are Deferred Taxes? Deferred tax is a listed liability to be paid until the future due date on a company’s balance sheet. The liability is deferred due to the different timing between accrual of tax and its due date. Simply speaking, a deferred tax liability is listed on a company’s balance sheet that records […]
Introduction This blog post continues a series of Controlling related topics, which circle around showcasing new functionalities in SAP S/4HANA Cloud, comparing functionalities between SAP S/4HANA Cloud and SAP S/4HANA (on premise), as well as general topics to be considered from Management reporting/Controlling point of view when implement SAP S/4HANA. Focus of this blog posting […]
SAP S/4HANA 2021 is general available. This blog provides you with a systematic list and benefits of selected innovations in Financial Planning and Analysis, Accounting and Financial Close, Treasury, Billing and Revenue Innovation Management and Finance Operations.
Introduction: In Central Finance S/4 HANA, MDG mapping plays an important role in replication process. Mapping helps in defining the relation of different identifiers or objects like GL Account, Cost Centre, Company Code, etc. between source ECC systems and Central Finance. Mapping is read via Standard SAP functionality during replication. However, there is always requirement […]
I will explain how Predictive Accounting in SAP S/4HANA 1909 and below blog post divided into 3 areas like Configuration, Apps and Reporting. Predictive accounting enables you to take the most up-to-date data from areas in S/4HANA outside of Finance, such as Sales; other integrated products, such as SAP Concur; or external systems, and use […]
Introduction In this blog post, I will try to cover the list of migration activities that need to be carried out. This migration activity guideline is for finance consultants who are tasked to migrate old accrual engine to the new accrual engine. Following is an example of the configuration of the cockpit and the execution […]
With SAP S/4HANA Document splitting is the mandatory key feature and situation is complex when the organisations are transforming from different ECC systems to SAP S/4HANA via SAP Central Finance. Some customers still use classic GL systems where splitting is not yet active, some customers have new GL systems but they want to change splitting […]
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 […]
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 […]
