SAP Central Finance

Using the Power of SAP S/4HANA to Achieve Global, Real-Time Finance

499 results

  1. How to Configure Cash-Basis Accounting As a Parallel Ledger

    Learn how to implement cash-basis accounting in the SAP General Ledger. Follow step-by-step instructions of end-to-end configuration of this functionality. Key Concept SAP introduced a separate ledger functionality called the cash ledger as part of the SAP General Ledger in SAP ERP Central Component (SAP ECC) enhancement pack 4. The cash ledger is composed of…...…

  2. Asset Accounting for Today’s Economy

    Asset accounting is the process of tracking and recording all company assets. By tracking and recording all company assets, businesses can more easily identify the most critical investments and make better strategic decisions about where to allocate resources.  This information can help finance and accounting teams make better strategic decisions about allocating resources to improve…...…

  3. Asset Accounting: Highlight Key Data Conversion Issues During Implementation

    Prepare for an Asset Accounting implementation project with these best practices and tips for converting legacy data. Key Concept Transaction AS91 is a manual online transfer method of loading legacy data. It enables you to load the asset’s master data and historical financial data. It allows you to see how the loaded data appears in…...…

  4. Align R/3 FI Accounting and SD Billing Document Numbers to Keep Everyone on the Same Page

    The standard R/3 system uses different number ranges for billing and accounting documents. If you want to make the accounting document number the same as the billing document number, you can adapt the number ranges. Then both the SD and FI teams can refer to the billing document or accounting document without extra steps. Key…...…

  5. Profit Center Accounting – Track Internal Revenue and Costs Using Transfer Pricing

    Profit Center Accounting: Track internal revenue and costs using transfer pricing. I’ve been hearing a lot about this question: “What are the possible ways to record the internal sales for an organization?” Let’s say you are required to track the profitability of a certain product. However, the product is sold as a consumption material to…...…

  6. Prepare Your R/3 System Now for the International Accounting Standards Deadline

    Impending deadlines for compliance with the International Accounting Standards (IAS) will require hard work on the part of many accountants and R/3 specialists. The problem posed by IAS is that, in most cases, two or more sets of figures have to be managed because of the differences among IAS, US GAAP, and national fiscal reporting…....…

  7. SAP S/4HANA Adoption: Subsequent Implementation of the Parallel Ledger

    Learn various SAP S/4HANA adoption options available for companies running the classic General Ledger. Follow steps to introduce the ledger subsequently in a live SAP S/4HANA system. Key Concept SAP introduced the parallel ledger concept with the SAP ERP Central Component (ECC) system in 2005, and since then, it is gaining popularity due to its…...…

  8. SAP S/4HANA Adoption Tips

    Learn various SAP S/4HANA adoption options available for companies running the classic General Ledger. Follow steps to introduce the ledger subsequently in a live SAP S/4HANA system. This content is for Basic Access, SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members only.Log In Join Now

  9. How to Use SAP’s Multiple Calendar Tool for Asset Accounting to Manage Multiple Fiscal Calendars

    Discover how the Multiple Calendar Tool from SAP solves the requirement to create financial statements or tax values in more than one fiscal calendar. Key Concept The Multiple Calendar Tool is an add-on component to Asset Accounting that provides the required functionality to facilitate the creation of accurate financial statements for different fiscal calendars. The…...…

  10. Effective Data Management Strategies for Posting Payroll Results to Accounting

    Learn how you can enhance the performance of posting SAP Payroll results to accounting by optimally managing and controlling the size of tables PPOPX and PPOIX in SAP ERP HCM 6.0. Following the successful execution of a payroll run, one of the subsequent activities that must be performed is posting payroll results to Financial Accounting…...…