SAP Central Finance
Using the Power of SAP S/4HANA to Achieve Global, Real-Time Finance
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1006 results
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Track Intercompany Loans Using SAP’s Transaction Manager Module: Part I
Reading time: 39 mins
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…...… -
Track Intercompany Loans Using SAP’s Transaction Manager Module: Part 2
Reading time: 49 mins
Learn the configuration steps needed for the intercompany loans process outlined in the article “Track Intercompany Loans Using SAP’s Transaction Manager Module, Part 1.” The configuration is in line with the process described in part 1 of this article. Key Concept When companies reach a more complex size, they often need to implement financing processes…...… -
Advanced Intercompany Elimination Using BPC
Reading time: 44 mins
Discover how to implement an advanced solution of intercompany elimination using SAP Business Planning and Consolidation (BPC) business rule-based automatic adjustment functionality. Find out how this solution stacks up against other BPC elimination methods, such as US elimination and standard business rule-based elimination. Key Concept Intercompany elimination is the process for eliminating transactions resulting from…...… -
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Ask the HR Expert: How Do I Use Processing Classes in SAP Payroll?
Reading time: 8 mins
Explore how your Payroll system uses processing classes. Our HR expert offers helpful hints and tips and explains how to create your own processing classes. Key Concept Dear HR Expert, I have worked in SAP HR Payroll/Time for a couple of years, but I still do not completely understand the concept of processing classes in…...… -
How to Use Transfer Prices for Intercompany Inventory Transfers with Standard Functionality
Reading time: 39 mins
Learn how to design a standard SAP solution to meet the business requirement to implement transfer prices or arm’s-length prices between intercompany, parent, or subsidiary inventory transfers. The main business reason for using transfer prices is to ensure that an organization having multiple affiliate companies is not manipulating income taxes by setting up prices over…...… -
Automate Your Intercompany Reconciliation Process in ECC
Reading time: 16 mins
SAP ERP Central Component (ECC) includes more robust functionality for intercompany reconciliation during period-end closing. The reconciliation ledger helps to reconcile balances between companies and tags disputed or follow-up items. See how the intercompany reconciliation process works and how to handle the differences. Key Concept An intercompany process can be any of following: Intercompany posting…...… -
Technical Guide: Intercompany Billing Options on SAP S/4HANA 1610
Reading time: 11 mins
As organizations become ever more global, it is becoming increasingly common for the employees charging time to a project to be working in a different legal entity from the one to which the project belongs. Every professional service organization is familiar with this situation, since they inevitably have consultants scattered across the world, but… -
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How to Use Data Management Techniques to Turbo-Charge SD Processes
Reading time: 12 mins
Learn how to enhance the performance of your sales and distribution processes along with your SAP ERP system by adopting effective data management tips and tricks based on performance- driven configuration settings in rebate processing, sales document flow, and collective processing runs. Key Concept Data avoidance, data deletion, and data archiving are data management techniques…...… -
How to Use the Fields in Table T510S to Generate Time Wage Types
Reading time: 17 mins
You can make fuller use of table T510S to generate time wage types if you have a clear understanding of its fields. Key Concept Table T510S allows users to set the conditions to determine which time wage types are generated during time evaluation runs. Users can base time wage types on employee groups, days, and…...… -
A Smarter Approach to Intercompany
Reading time: 9 mins
Companies are constantly, merging, shifting, growing, and reorganizing across borders. Finance and accounting teams must coordinate transactions among different parts of the business, which often span between different geographic locations. These sectors each have their own tax laws and regulatory bodies to appease, which may be in flux. Many large multinational organizations also have a…
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