425 results

  1. Managing the Journal Entry and Approval Process in Your SAP Systems: Live Q&A with Brian Shannon

    To quickly and efficiently complete the financial close process, accounting teams require solutions that enable them to create and approve multiple journal entries in a very tight time frame. Standardizing and streamlining journal entry processes is essential, as every delay in journal entry processing delays the company’s ability to report its financial results. Dolphin’s Brian…...…

  2. An Introduction to Posting Journal Entries in SAP BusinessObjects Planning and Consolidation

    Learn how to post journal entries for audited and controlled adjustments to planning data with SAP BusinessObjects Planning and Consolidation, including how to post, unpost, and delete journal entries. Key Concept All functionality in SAP BusinessObjects Planning and Consolidation is designed with the business user in mind, and Journals is no exception. Traditionally, tasks such…...…

  3. Set Up a Cash Journal to Enhance Your Internal Controls

    See how to set up a cash journal and how to use it to record cash transactions and monitor your cash position. Key Concept Many companies have a petty cash account for small cash payments and receipts. To integrate petty cash with the SAP R/3 system, SAP developed the cash journal. The cash journal enables…...…

  4. Navigating Manual Journal Entry Challenges in SAP for a Streamlined Financial Close

    In SAP, every transaction is a journal entry. The system doesn't differentiate between manual and automatic entries, making it hard to analyze them in the general ledger. Even though SAP ERP can create many journal entries automatically, manual corrections and inputs are still essential. Manual entries are often made for unique or irregular transactions that…

  5. Leverage Automation and Simplification for Better Journal Entry Transparency

    While digital transformation has been a revolutionizing force for many aspects of the organization, this isn’t always the case for the journal entry process. Routings and approvals are still often handled manually through emails, spreadsheets, and physical signatures, which can cause delays and a lack of transparency into financial close processes. And when it is…

  6. Mastering Journal Entry Management with BlackLine

    When it comes to improving the efficiency of the financial close, journal entries are the perfect place to start. Roughly half of all financial close tasks are related to journals. As many finance professionals know, there is significant room for improvement in the journal entry process. Outdated manual processes operating through email or Excel can…

  7. Live from SAPinsider Studio: Carsten Hilker on Universal Journal

    Carsten Hilker, SAP, Finance Solution Management, joins SAPinsider Studio at the 2016 FIN-GRC event to discuss SAP S/4HANA and the Universal Journal. This is an edited version of the transcript: Ken Murphy, SAPinsider: Hi this is Ken Murphy with SAPinsider. I am at the SAPinsider Financials 2016 in Las Vegas. Today I’m pleased to be…...…

  8. Regain Control of SAP Journal Entries

    Many companies struggle with a variety of problems regarding their journal entry processes — such as approval procedures, accounting requirements, and complex workflows — that are unique to their business. A good number of these are SAP customers that continue to collect, route, and manage their journal entries with manual processes, emails, and spreadsheets, which…

  9. Managing Journals with BlackLine

    As the number and complexity of transactions escalate throughout a given quarter, manual processes struggle to keep pace. This can cause the process to stagnate and become inefficient, as well as introducing a higher risk of errors. Many Finance and Accounting teams at SAP organizations still use spreadsheets and emails to manage these tasks, which…

  10. Masterclass: Deep Dive into SAP Universal Journal – A Universe of Data at your Fingertips!

    The Universal Journal is one of the key innovations that was introduced with SAP S/4HANA Finance. It contains a Universe of data which is always reconciled by design and which you can slice & dice as per YOUR reporting requirements. At the end of the day, reporting is what matters for an accountant! This content…