FICO (13)

A Hard Look at Financial Close Challenges and How to Overcome Them

The faster the finance team can close the books and deliver real-time insights to key stakeholders, the more strategic value the finance and...

How Margin Analysis Changes Profitability Analysis in SAP S/4HANA Finance

Organizations have different requirements now as they face a more competitive and innovative market. As a result, there is a high demand for...

Improving Document Management with SAP DMS

Once upon a time, there was a world without computers, internet, even fax machines—and yet somehow businesses managed to keep track of all the papers...

The Material Ledger and Actual Costing with SAP S/4HANA

Material ledger accounting refers to the ability to generate financial transactions at a material level, providing granular detail of inventory...

Types of Central Finance Rollout

How ERP projects are deployed is largely influenced by the rollout type, the key milestones, and the scope—and Central Finance is no exception.

Understanding Transaction FB50 in SAP FI

It’s important to understand basic concepts in complex financial solutions such as SAP FI—things like enterprise structures and useful transactions....

Order-to-Cash with SAP and Accounts Receivable

The accounts receivable accounting process isn’t as simple as recognizing an order and collecting the payment. (Wouldn’t that be nice?!)

How to Perform Depreciation Runs in SAP S/4HANA Finance

The depreciation run is a periodic processing program in asset accounting that posts planned depreciation to all relevant assets. Most companies...

Overhead Rate Application for Period End Closing with SAP

When you’re working with SAP and using overhead rates in planning, you probably also want to apply overhead rates in actual.

How to Define a Company in SAP FICO

There is a certain terminology used in SAP FICO solutions to define inputs into the ledger. One such term is company, an SAP FI enterprise structure...