Each company needs to bill its customers for the goods and services shipped to them and must update its sales revenue accounting.
FICO (17)
At the core of SAP ERP FI’s Accounts Receivable module is its ability to create a customer invoice and post a payment receipt.
Central Finance represents a new approach to finance and is based on a new set of technologies in a central SAP ERP system.
In embedded business planning environments, a model is created by assigning InfoProviders.
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...
SAP offers Central Finance as a deployment option to streamline processes and consolidate data for unified reporting and centralized processes...
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.