Transforming Finance Operations with Touchless Record-to-Report by Redwood

356 results

  1. Tips on How to Open the Prior Fiscal Year in Asset Accounting for Tax Depreciation Adjustments

    Learn the steps necessary to open the prior fiscal year and allow tax depreciation adjustments to individual asset records in SAP Asset Accounting (FI-AA). This content is for Basic Access, SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members only.Log In Join Now

  2. Hershey’s Minimizes Management Adjustments to Financial Close

    About 31% of the SAPinsider Community chose the “need to reduce time required to generate data and reporting at period close” as a key driver for their SAP S/4HANA Finance strategy, according to SAPinsider’s upcoming research on the “SAP S/4HANA Finance: State of the Market.” Additionally, 58% of the same survey’s respondents chose financial close…

  3. Lessons Learned in Implementing SAP Enterprise Compensation Management

    Become familiar with SAP Enterprise Compensation Management (PA-EC). Take away tips about how to optimize annual merit plans, variable pay plans, budget reconciliation, approval processing, promotions, and lump sums. Consider how EC affects your other modules. Key Concept SAP Enterprise Compensation Management (PA-EC) is not an add-on to the Compensation Management (PA-CM) module in SAP…...…

  4. Track Intercompany Loans Using SAP’s Transaction Manager Module: Part I

    Learn the process flow, the integration points with other SAP modules, and the advantages of using SAP’s Transaction Manager for intercompany loans. Key Concept Intercompany loans are loans made from one business unit of a company to another, for various reasons. It is important to remember that intercompany loans are an asset (an investment) in one entity and…...…

  5. SAP S/4HANA Finance 1610

    SAP S/4HANA Finance 1610 provides users with the flexibility of using two main currencies plus eight freely definable currencies. The translation of the user-defined currencies, whether real time or not, is based on the currency configuration completed after executing transaction code FINSC_LEDGER. The eight freely definable currencies allowed by SAP S/4HANA Finance 1610 are available…

  6. Part 2: Outsourcing Payroll in an SAP Environment — Implementation and Operational Challenges

    To outsource your payroll successfully, you must evaluate operational and implementation processes. Understanding these areas prepares you to overcome challenges that may arise. Key Concept You can effectively manage the required inbound and outbound interfaces for outsourced payroll environments if you establish a standardized payroll environment. The success of your outsourced payroll environment largely depends…...…

  7. Generate Your Cash Flow Report Automatically Using SAP ECC and SAP BusinessObjects Planning and Consolidation

    The cash flow and shareholders’ equity reports are two of the most challenging reports in any legal consolidation project. Generating them on a monthly basis is even more difficult if the right configuration or design is not in place. Follow a real-world procedure used to generate and calculate the statement of cash flows and shareholders’…...…

  8. Create CRM Business Roles Easily with Web-Based Business Role Customizing

    Use the CRM WebClient UI to customize CRM business roles. Understand the underlying concepts and test the customizing by assigning the user to a business role. Key Concept Business roles are roles that contain business content from CRM applications. Business roles are controlled by different elements that define which work centers, direct link groups, logical…...…

  9. Use Reconciliation Account Determination with a Special G/L Indicator for More Flexible Invoicing

    The author demonstrates how to optimize reconciliation account determination. He introduces the fundamentals of reconciliation account determination, special G/L indicator configuration, and manual adjustments. With examples, he shows how to use reconciliation account determination with a special G/L indicator in the FI-A/R module. Using reconciliation account determination, you can post customer invoices to a reconciliation…...…

  10. How to Comply with the Provisions of IFRS while Recording Capital Asset Transactions in SAP ECC 6.0

    Reading time: 25 mins

    Learn key adjustments that are required to make capital asset management compliant with International Financial Reporting Standards (IFRS). See the changes you need to make in SAP ERP Central Component (SAP ECC) 6.0 while transitioning from US Generally Accepted Accounting Principles (GAAP). Key Concept An organization needs to make adjustments in accounting for financial transactions…...…