An Introduction to SAP Joint Venture Accounting, Part I
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Mitigate Foreign Trade Payment Compliance Risk Using the Cockpit for Documentary Payments
Learn how the Cockpit for Documentary Payments can be used to facilitate international customers’ payment compliance, thereby reducing the risk of doing foreign trade. Follow steps to implement the Documentary Payments component in SAP sales and distribution (SD). Key Concept The Cockpit for Documentary Payments provides automated financial documents to facilitate payment guarantee procedures required…...… -
Accelerate Your Financial Close to Support Strategic Decision Making
Establishing an efficient financial close is a challenge for many businesses due to the number of people and complexity of tasks involved, and yet it is key to a best-run finance organization. By understanding how financial transformation—including the use of automation to increase operational efficiency—can support finance teams in the close process and add more… -
Understand Your Project Costs in an Engineer-to-Order Manufacturing Environment
Financials/SCMIn the engineer-to-order manufacturing process, a product with the exact specifications desired by a company’s customers does not yet exist. Instead, you design and then produce the product specifically for that customer, using Project System (PS). As you collect costs and bill the customer, an accounting entry is made at each step; some of these…...… -
Enable a Tax-Efficient Supply Chain in SAP ERP
With increased focus on international markets, companies running SAP are continually looking to better manage the flow of goods in a tax-efficient way to help grow their business and improve their bottom lines. Find out some best practices and financial considerations when distributing goods in international markets. Key Concept To reduce costs when distributing goods…...… -
Demystifying the Ledger, Currency Setup, and Currency Conversion in SAP S/4HANA Finance 1610
See how the ledger setup, currency setup, and foreign currency valuation features have evolved with SAP S/4HANA Finance 1610. This will help you evaluate if the new features can be used by your company. Key Concept SAP S/4HANA Finance 1610 offers a new feature called a simulation extension ledger. The simulation ledger is a category…...… -
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…...… -
Set Up Purchase Account Management to Fulfill EU Legal Requirements
Within several European Union countries it is legally required to report within the G/L the acquisition costs of materials that are put on stock. The SAP system uses functionality called Purchase Account Management to meet this requirement. Discover what this functionality is, how to set it up, and what the result looks like. Key Concept…...… -
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 available to (General or Premium) members. Sign in or Join for free! Sign In Become a Member -
How Will Digital Transformation Impact Your SAP Financials Processes?
In this Q&A session experts share strategic advice on how visionary companies optimize and automate finance processes to enable fast, accurate, and compliant financial decisions. If you missed the chat or need a refresher, we welcome you to view the online chat replay or read the edited transcript below. Meet the panelists: Tom Walker is the OpenText…...… -
A Holistic Approach to Implementing Central Finance
Learn tips to help you prepare for a Central Finance implementation project. Central Finance is aimed at reducing the cost of adoption of SAP S/4HANA Finance for organizations having heterogeneous landscapes (multiple SAP ERP or non-SAP systems). With Central Finance, these organizations no longer have to upgrade all the systems to have SAP S/4HANA Finance…....…
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