SAP S/4HANA Finance for Group Reporting (On-Premise)

Overview and Updates in 1909

860 results

  1. Simplifying, Standardizing, and Automating SAP Close Activities

    Financial close is consistently highlighted by SAPinsiders as one of the most challenging and complex aspects of their organization’s finance processes. Much of this complexity comes from the fact that many organizations rely on manual processes to address the close, leading to delays and errors that can stack up over time. For SAP users, the…

  2. 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…

  3. 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…

  4. SAP Closing Cockpit in mySAP ERP Automates Fast Close

    Learn about SAP Closing Cockpit and its two central features, a template and a task list. See how it can help you perform a fast close. Key Concept SAP Closing Cockpit provides the ability to monitor and control the closing cycle across your corporate structure. To understand how to use SAP Closing Cockpit, you need…...…

  5. Avoid a Disconnect Between Your MM and FI Period Closes

    Your cutoff for transactions at close may be affected if you don’t understand the relationship between the Materials Management (MM) period close and the FI period close. You can configure your R/3 system to ensure a clean cutoff for MM transactions at period close. Key Concept The posting of MM balances to an MM period…...…

  6. Performing Period-End Close in SAP Group Reporting

    Financial consolidation can be a complicated process for SAP users. When it comes time to perform period-end close procedures, finance teams must ensure that they have taken all necessary steps to avoid audit by correctly performing all closing activities. In this article, SAPinsider expert Dr. Marco Sisfontes-Monge walks you through some of the crucial steps…

  7. Generate Your Cash Flow Report Automatically Using SAP ECC and SAP BusinessObjects Planning and Consolidation

    The cash flow and shareholders’ equity reports are two of the most challenging reports in any legal consolidation project. Generating them on a monthly basis is even more difficult if the right configuration or design is not in place. Follow a real-world procedure used to generate and calculate the statement of cash flows and shareholders’…...…

  8. How Tate & Lyle “Makes Food Extraordinary” with Improved Finance Functions

    Tate & Lyle, a global provider of specialty food ingredients and solutions, relied heavily on manual, spreadsheet-based processes to manage its account reconciliations. With locations in the Americas, Europe, the Middle East, and Africa, regional reconciliations were an unwieldy exercise that often tied up the finance team in administrative tasks like hunting down missing signatures…

  9. How to Automate and Streamline the Financial Close Process in Your SAP Systems

    In this Q&A, experts provided tips and best practices for automating and streamlining the financial close process, including deep insight into suggested tools ways to leverage those tools for improved error management, faster data extraction, and greater efficiency.  If you missed the chat or need a refresher, we welcome you to view the online chat…...…

  10. Ensure Accurate Inventory Valuation by Using Actual Costing Functionality

    Break through a common misconception about how the actual cost is updated as the standard price in the material ledger and actual costing. Understand the process of how you can use the functionality to compute the actual cost of the material and carry out accurate inventory valuation at the end of the period. By following…...…