Strategies to Optimize Real Estate Expenditures and Lease Accounting Processes

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  1. Case Study: How a Government Organization Improved Its ChaRM Release Strategy and Release Management Process

    Streamline the release management process by using a little-known, out-of-the-box Change Request Management (ChaRM) functionality that requires very little customizing. The main benefits are a clear auditing trace and ease of release planning. Key Concept Retrofit is the process of synchronizing changes across development systems. The goal is to maintain an up-to date implementation landscape...…

  2. SAP QM Vendor Release: Putting Quality Management in Control of Vendor/Material Releases

    Discover the integration power of SAP Quality Management vendor release and what you need to set up to trigger the functionality. Key Concept The vendor release date is usually set either far into the future (which means when it’s released, it’s permanent) or it is an actual vendor/material review date. If it is entered as...…

  3. Manage an SAP Production Release Using Standard Implementation Routines and ChaRM Maintenance Cycles

    Manager Learn about the functional tasks and routines necessary to run an SAP production release using Change Request Management (ChaRM) maintenance cycles. Discover the recommended cross-industry best practices that change managers or release managers can use to deliver production fixes and system enhancements to an implemented SAP solution. Key Concept Change management strategies and Change...…

  4. 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...…

  5. How Proposed Lease Accounting Changes Will Affect Your SAP System (And What You Can Do About It)

    ManagementSAPexperts/FinancialsWhile the switch to International Financial Reporting Standards (IFRS) is getting all the attention, the two boards that govern US and international accounting rules are mulling another change that could have a big impact on businesses that lease equipment. If passed, the proposal could add significant complexity to the way leases are accounted for at...…

  6. How Will the Major Changes to Lease Accounting Standards (ASC 842/IFRS 16) Affect SAP Customers?

    By 2019, every organization must change its lease accounting practices – the ASC 842/IFRS 16 regulations will require virtually all leases to be placed on the balance sheet. This change will have ripple effects throughout the organization, reaching beyond Accounting departments to impact stakeholders and investors. Therefore, businesses with any leases need to prepare for…

  7. Using SAP Solution Manager 7.2 Enhancements: What You Need to Know About the Latest Release

    Released in 2016, SAP Solution Manager 7.2 introduced a new process management architecture providing one simplified process landscape for the business and IT, along with enhanced functionality such as a new SAPUI5-based user experience, cloud & hybrid solution support, transparent requirements to deploy project management, and SAP Solution Manager 7.2 can run on SAP HANA....…

  8. New End-to-End Project Deployment Process in Solution Manager 7.1 and 7.2

    Learn about developments done with multiple large corporations for the IT Requirement-to-Deploy process in SAP Solution Manager 7.1 and 7.2. Follow the management of the IT Service Management (ITSM) and Application Lifecycle Management (ALM) spaces from requirement management, to design, build, test, and deployment in an integrated fashion. Key Concept The Requirement-to-Deploy focus solution is...…

  9. Get More Insight into an SAP Customizing Request and See How to Release It for Transport

    Learn some useful tips on how to better organize your customizing requests and how to release a customizing request for transportation from a development server to a quality assurance or production server. Key Concept SAP provides a customizing request so that changes in standard SAP software customization or settings can be recorded and moved to...…

  10. Simplify Release Strategy Decisions in Procurement with Business Rule Framework Plus (BRFplus)

    Every procurement organization has its own complex business rules and processes for purchase orders and requisitions, uniquely designed to meet their own needs. To help its customers avoid errors and risks when processing purchase orders and requisitions, the standard SAP system delivers an approval process via a release strategy concept, which companies often adapt to…