Central Finance represents a new approach to finance and is based on a new set of technologies in a central SAP ERP system.
FICO (15)
SAP S/4HANA improves hard financial close with a number of new tools which increase efficiency, governance, and insight.
In embedded business planning environments, a model is created by assigning InfoProviders.
One of the prominent features introduced as part of SAP Revenue Accounting and Recognition (SAP RAR), version 1.3 is to handle the foreign currency...
In SAP S/4HANA, the Universal Journal provides the basis for what is essentially an enterprise-wide pivot table. Let’s take a high-level look at why...
In SAP Controlling, a company code determines which cost component structure the standard cost estimate uses, which ensures that the same cost...
Central Finance (also known as CFin) allows businesses to integrate their financial platforms into SAP S/4HANA at a gradual transition, instead of...
The classic model of financial consolidation can’t help organizations if their business demands much faster access to group-wide decision-support...
Once an investment program has been planned and approved, the next task is the creation of the budget in SAP CO. The figure below shows the budgeting...
There are a number of revolutionary SAP S/4HANA Finance innovations that you should be aware about, such as predictive accounting.