FICO

What Is Currency Translation in SAP S/4HANA?

Currency translation is a process in which an organization translates the financial data of its foreign subsidiaries from their transaction currency...

What Are the Use Cases for SAP Central Finance?

With centralized replicated data, Central Finance offers customers consolidated reporting

Configuring Ad Hoc Issue Management in SAP Process Control

To use the process of ad hoc issue management in SAP Process Control, there are several essential configurations that need to be performed in...

Basic Concepts of Cost Components in SAP S/4HANA Finance

Cost components group costs of similar type by account and cost element. The three basic cost components are listed below.

5 Considerations for Your Group Reporting Journey with SAP S/4HANA

Embarking on a group reporting journey with SAP S/4HANA requires thoughtful planning and alignment with your organization's overall reporting goals.

How SAP FICA and SAP Convergent Invoicing Applies to B2C Businesses

Business-to-consumer (B2C) business involves the process of selling products and/or services directly to individual customers.

What Is Event-Based Revenue Recognition in SAP?

An entity might face different issues when it comes to revenue recognition.

How to Migrate SAP Cost Centers to Employee Central

SAP provides a standard interface for transferring cost centers from an SAP ERP system to Employee Central.

Asset Depreciation in SAP S/4HANA

Except for select asset types like land and goodwill, nearly all assets undergo depreciation over their specified useful lifespan.

The MRP 1 View in SAP S/4HANA

In this blog post, we’ll look at the MRP 1 view in SAP S/4HANA systems.