Accelerate Your Financial Close to Support Strategic Decision Making

An End-to-End View of the Financial Close Process

500 results

  1. Don’t Wait Until After Go-Live to Set Up Cross-Company Code Controlling

    A wrong decision during the setup of your organizational structure can lead to a loss of functionality in logistics and controlling. You can avoid a costly reorganization of your database with cross-company code controlling. Hear about the pros and cons and learn the prerequisites for its configuration. Key Concept Organizational structure design is one of…...…

  2. Reasons to Perform a Controlling Area Reorganization

    Learn about the options to change the controlling area structure in an SAP Financials system post go-live. Key Concept The key element of the CO enterprise structure is the Controlling Area. At the initial stages of any project the analyst defines the organizational relationship between controlling areas (CO) and company codes (FI). The decisions made…...…

  3. Gain Control of Your IT Environment: Q&A on Navigating the Controlling Options of Your SAP System

    There are more than a dozen controlling options available in the SAP system. Determining how to best interpret those options depending on how your organization stores data and handles reporting and training requirements can be a challenge. Financials 2016 speaker Rohana Gunawardena recently took readers’ questions on how to choose the most optimal solution to…...…

  4. How to Automate Period Closing Within Controlling

    Learn how to schedule the period closing transaction for Controlling (CO) using a new program. Key Concept RKCOOKP1 is a program that enables you to schedule the transaction for closing within Controlling (CO) as a background program in an SAP system. SAP has developed two enhancements for this program: RKCOOKP1_MORE and RKCOOKP1_MULTI. Normally the transaction…...…

  5. Accelerated Finance and Controlling in SAP ERP with SAP HANA

    Learn how SAP HANA accelerates Financials and Managerial Accounting in SAP ERP, how SAP HANA improves the performance of familiar and new reporting tools, and how to set up the accelerator scenarios. Key Concept The SAP Finance and Controlling Accelerator enhances the standard functionality of ERP Financials to enable any ERP system to take advantage…...…

  6. Tips and Tricks to Turbo-Charge Integrated Planning and Cost Object Controlling

    Learn how data management best practices coupled with appropriate configuration settings can enhance specific cost accounting processes in the areas of integrated planning and cost object controlling. Key Concept Effective data volume management aims at ensuring that database tables do not grow so much that they affect the performance of business processes and consequently the…...…

  7. Tips to Master SAP Controlling Design in readiness for SAP S/4HANA

    Click Here to View the Session Deck Are you aware of the changes to the Controlling module with SAP S/4HANA? Is your SAP Controlling implementation optimized to make the most of the available functionality?  Are you taking advantage of the integrated nature of the SAP system and making the most out of this module? View…...…

  8. Streamline Cross-Company Postings Using SAP Parallel Valuation and Transfer Pricing in an LIV Process

    Learn how to implement SAP transfer pricing and parallel valuation in goods receipt and an accounts payable Logistics Invoice Verification (LIV) process. Key Concept Parallel valuation in an SAP system helps an organization with multiple legal entities or company codes to prepare for consolidation. Multinational companies can use transfer prices in their cross-company transactions through…...…

  9. Demystify Parallel Valuation and Analyze Value Flow of Materials Across Plants or Legal Entities

    In a product cost controlling implementation, you may consider implementing the material ledger with parallel valuation — the recording of inventory values in a separate valuation view — whenever business requirements related to group and legal cost, transfer pricing, or group and legal valuation are planned. This approach demands a high degree of business process…...…

  10. Set Up SAP Closing Cockpit for Speedier and Better-Controlled Financial Closings in 5 Steps

    See how to configure the newly updated SAP Closing Cockpit to assign individual tasks and hierarchies properly. Key Concept SAP recently redesigned its ERP-based SAP Closing Cockpit and plans to deliver it with an add-on option of a new task scheduling tool, Central Process Scheduler (CPS). SAP plans to make this generally available to customers…...…