Customer Aging and Supplier Aging Reports at the Line Item Level using Analytical Query in S/4HANA Cloud, Public Edition

Introduction Functional consultant or a business key user can effortlessly generate supplier and customer aging reports using the Custom Analytical Queries App for the scenarios outlined below. Scenario – Accounts Payable Aging: Your client requires a supplier aging report that displays the aging at different levels: Supplier level, Reconciliation G/L level, Supplier Region level, and […]

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Workflow to Verify General Journal Entries per Level by Amount

SAP S/4HANA Cloud, SAP S/4HANA Cloud for Finance

One of the most common requirements is the segregation of responsibilities in the Finance department: who can Post Journal Entries (JE)? Who can Submit JE? Who can Verify to accept or reject the JE? SAP S/4HANA Cloud provides you a standard solution to configure flexible workflows in the Verification Journal Entries process, where you can […]

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Test Your Custom Bank Statement Definitions in Map Format Data

SAP S/4HANA Cloud, SAP S/4HANA Finance

With the release of SAP S/4HANA Cloud 2302 users of Map Format Data can use a new application called Test Incoming Format Mappings. With this tool, it’s easier to define a Format Mapping in Incoming direction, for example, custom specifications of MT940, CAMT.053/4, MT300, MT320, etc. You can now continuously check while defining whether the […]

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Straight Line Revenue Recognition-IFRS 16 Using Valuation Approach

FIN (Finance), SAP S/4HANA Finance, FIN Accounts Receivable and Payable

SAP Flexible Real Estate management (RE-FX) has provided so many out of the box functionalities which continue to facilitate Real Estate companies to automate their business processes, provide real-time reporting of Real Estate portfolio and integrate posting from RE-FX to accounting (FI/CO). Linearization of operating leasing income over the entire duration of the lease out […]

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SAP S/4HANA Cloud for advanced financial closing: SCIM V2

FIN (Finance), SAP S/4HANA Cloud, SAP S/4HANA Finance, SAP S/4HANA Cloud for Finance

With the latest major release 3.0 of SAP S/4HANA Cloud for advanced financial closing (AFC) on January 19th, 2023, the new feature System for Cross-domain Identity Management (SCIM V2) was introduced. Background of this feature In previous releases of SAP S/4HANA Cloud for advanced financial closing (AFC), it was only possible to introduce users and […]

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Migrate / Customer Opening Balances Upload in Rise with SAP Cloud 2208

SAP S/4HANA Finance

Introduction: This blog will guide you with the steps required for migrating “Customer Opening Balances” into the SAP S/4HANA Cloud 2208. The SAP S/4HANA Cloud migration cockpit is a tool designed for customers who have just installed SAP S/4HANA Cloud (new implementation scenarios) and want to transfer their business data from SAP or non-SAP software […]

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Instant Payments in Brazil (PIX) in SAP S/4HANA Cloud

SAP S/4HANA Finance, FIN (Finance), SAP S/4HANA Cloud

Instant payments represent a new arrangement within the Brazilian financial system that allows 24/7 transactions in real-time between different institutions without the need for intermediaries such as card schemes, acquirers, or issuers. This blog post helps you understand the individual functionalities and solutions regarding Brazilian Instant Payments in SAP S/4 HANA Cloud. This blog is […]

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