Improving Safety and Audit Trails with Fortescue Vehicle Prestart App
815 results
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How to Comply with the Provisions of IFRS while Recording Capital Asset Transactions in SAP ECC 6.0
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…...… -
Consignment Process in Enterprise Asset Management Reduces Spare Parts Inventory
Vendor consignment, a standard functionality in materials management within Enterprise Asset Management (EAM), enables companies to reduce their inventory of spare parts. Learn how to execute vendor consignment using your own stock as well as materials from multiple consignment vendors. Key Concept Vendor consignment is a standard functionality in materials management (MM) wherein you purchase…...… -
Inflation-Based Revaluation of Fixed Assets
Learn the configuration done for monthly inflation-based revaluation. This configuration needs slight changes based on the frequency and inflation calculation methodology required for a specific implementation. Key Concept Inflation-based revaluation is a statutory requirement for several high-inflation countries. These countries publish an inflation index for revaluation of the fixed asset base of the company. In…...… -
AUC with Investment Measure Using Work Breakdown Structure
FinancialsLearn how to implement assets under construction (AUC) with the Investment Management module using work breakdown structure (WBS). Follow a detailed discussion of the settlement process. Key Concept A work breakdown structure (WBS) element with its assets under construction (AUCs) can be termed as an investment measure. In simple terms, an AUC is created to…...… -
Transforming to Intelligent Asset Management with SAP Solutions
Asset-intensive industries need to deliver on driving safe operations, minimizing costs, and maximizing productivity. But to consistently achieve these objectives, organizations must adopt a more comprehensive approach to Asset Management by enhancing collaboration with suppliers, customers, and service providers for better cooperation and coordination, streamlining asset maintenance processes, shifting from cyclical to predictive and intelligence-driven… -
Achieving Effective and Efficient Asset Management
In heavy asset intensive industries from manufacturing and processing facilities through to Rail, Aerospace, Utilities, Oil & Gas and Mining operations, the largest operational expense beyond the CAPEX of building the plant resides in maintaining the equipment required to do the job. -
Optimize Asset Management with ECM for SAP Landscapes
During this live Q&A session, industry experts Nicholas Mauldin (AMER) and Claudia Traving (EMEA) of OpenText gave an international look at how leading organizations are leveraging Enterprise Content Management (ECM) in their SAP landscapes to digitize key assets and processes, thereby providing fast access to documentation. If you missed the chat or need a refresher,…...… -
How to Set Up and Process Leased Assets
Learn how to configure leased assets to make sure that not only depreciation is posted but also the interest and the periodic payments. Key Concept In SAP Asset Accounting (FI–AA) you can maintain several kinds of assets. One particular kind is the leased asset. Besides the standard fixed-asset functionality for this kind of asset, the…...… -
Create Multiple Assets with Individual Characteristics in One Step
Learn how to customize the functionality required to simultaneously create multiple assets and still be able to maintain specific data for each individual asset. Key Concept Within Asset Accounting (FI-AA), you can create one asset at a time or multiple assets simultaneously. Since the release of R/3 4.0A, SAP supports simultaneous creation of multiple assets…....… -
SAP S/4HANA Finance: Understand the Different Options and Nuances of Enabling Parallel Accounting in New Asset Accounting
Learn about the configuration options available in SAP S/4HANA Finance to set up parallel accounting aligned to different accounting principles, especially when you are migrating from classic Asset Accounting (FI-AA), a parallel accounts approach, to the new FI-AA module. Key Concept The SAP S/4HANA Finance system provides a transparent, real-time, optimized IT solution for implementation…...…
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