An Introduction to SAP Joint Venture Accounting, Part I
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How SAP Users Can Optimize Cloud Migration by Leveraging Partnerships
The countdown toward the deadline for SAP ECC maintenance in 2027 is getting closer and closer for SAP users. Cloud migration is now one of the most discussed and sought-after ERP enhancements. Knowing how complex the transformation is going to be for many companies, SAP has been consistently developing and enhancing its RISE with SAP…
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An Introduction to SAP Joint Venture Accounting, Part I
A joint venture (JV) is an arrangement in which two or more parties come together and agree to pool their resources for a specific task. This task can be a new project or any other business activity. In a joint venture, each partner is responsible for profits, losses, and costs associated with the venture. Joint…
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Introduction to SAP Joint Venture Accounting, Part II
A joint venture (JV) is an arrangement in which two or more parties come together and agree to pool their resources for a specific task. This task can be a new project or any other business activity. In a joint venture, each partner is responsible for profits, losses, and costs associated with the venture. Joint…
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How to Comply with IFRS 15 Regulations Using SAP Revenue Accounting and Reporting 1.2
Learn how to set up SAP Revenue Accounting and Reporting 1.2 in SAP ERP Central Component (ECC) 6.0 to comply with the new accounting standard regulation IFRS 15. The new regulation was jointly released by two leading accounting standard bodies: the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). Key Concept...…
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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...…
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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 for Basic Access, SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members only.Log In Join Now
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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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Tips for Integrating SAP Revenue Accounting and Reporting and SAP Hybris Billing
Learn how to integrate SAP Revenue Accounting and Reporting 1.2 with Convergent Invoicing of SAP Hybris Billing and SAP Contract Accounts Receivable and Payable (FI-CA) in SAP ERP Central Component (ECC). Key Concept SAP Revenue Accounting and Reporting is a free add-on product introduced to help companies comply with the International Financial Reporting Standards (IFRS)...…
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Streamline Your Parallel Accounting with the New G/L Ledger Solution
See how to set up parallel accounting with the ledger solution in the new G/L with three procedures: ledger definition, currency valuation, and asset accounting. Key Concept Many international companies are subject to several sets of laws requiring them to issue multiple consolidated financial statements according to various accounting standards. In Europe, all publicly traded...…
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Key Steps to Follow During a Migration to SAP Simple Finance 1503
Learn the necessary configuration, migration steps, post-migration steps, tips, and tricks during an SAP Simple Finance migration. Key Concept SAP S/4 HANA Finance, On-Premise Edition has product versions SAP Simple Finance 1503 and SAP S/4HANA Finance 1605, the latter being the successor of the former. If you want to implement and use SAP Accounting powered...…
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