---
title: Learn SAP from the Experts | The SAP PRESS Blog | FICO (19)
description: FICO | Learn how to use SAP and take the next step on your learning journey. Read blogs on SAP S/4HANA, FICO, ABAP, SuccessFactors, SAP BTP, SAP Fiori, and more! (19)
---

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# FICO (19)

[![Basic Consolidation with SAP BPC](https://blog.sap-press.com/hs-fs/hubfs/Basic%20Consolidation%20with%20SAP%20BPC.png?height=600&name=Basic%20Consolidation%20with%20SAP%20BPC.png)](https://blog.sap-press.com/basic-consolidation-with-sap-bpc)

## [Basic Consolidation with SAP BPC](https://blog.sap-press.com/basic-consolidation-with-sap-bpc)

Financial consolidation is the aggregation of the financial statements of a group of companies into one as a consolidated financial statement.

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/basic-consolidation-with-sap-bpc)

[![Improving Financial Close with SAP S/4HANA Finance Tools](https://blog.sap-press.com/hs-fs/hubfs/Improving%20Financial%20Close%20with%20SAP%20S4HANA%20Finance%20Tools.png?height=600&name=Improving%20Financial%20Close%20with%20SAP%20S4HANA%20Finance%20Tools.png)](https://blog.sap-press.com/improving-financial-close-with-sap-s/4hana-finance-tools)

## [Improving Financial Close with SAP S/4HANA Finance Tools](https://blog.sap-press.com/improving-financial-close-with-sap-s/4hana-finance-tools)

When using [SAP S/4HANA](https://learning.sap-press.com/sap-s4hana) to perform a hard financial close, there are a handful of tools available to achieve increased efficiency, governance, and...

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/improving-financial-close-with-sap-s/4hana-finance-tools)

[![Drilldown Reporting with the SAP S/4HANA Material Ledger](https://blog.sap-press.com/hs-fs/hubfs/Drilldown%20Reporting%20with%20the%20SAP%20S4HANA%20Material%20Ledger.png?height=600&name=Drilldown%20Reporting%20with%20the%20SAP%20S4HANA%20Material%20Ledger.png)](https://blog.sap-press.com/drilldown-reporting-with-the-sap-s4hana-material-ledger)

## [Drilldown Reporting with the SAP S/4HANA Material Ledger](https://blog.sap-press.com/drilldown-reporting-with-the-sap-s4hana-material-ledger)

Before we begin, let’s clear up some confusion on what “drilldown reporting” with the SAP S/4HANA Material Ledger actually is.

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/drilldown-reporting-with-the-sap-s4hana-material-ledger)

[![An Overview of SAP Transaction Code F-53](https://blog.sap-press.com/hs-fs/hubfs/An%20Overview%20of%20SAP%20Transaction%20Code%20F-53.png?height=600&name=An%20Overview%20of%20SAP%20Transaction%20Code%20F-53.png)](https://blog.sap-press.com/an-overview-of-sap-transaction-code-f-53)

## [An Overview of SAP Transaction Code F-53](https://blog.sap-press.com/an-overview-of-sap-transaction-code-f-53)

There are two ways to issue outgoing payments in SAP. The first and most commonly used way is to use automatic payments via Transaction F110.

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/an-overview-of-sap-transaction-code-f-53)

[![Key Changes to Period-End Closing in SAP S/4HANA Finance](https://blog.sap-press.com/hs-fs/hubfs/Key%20Changes%20to%20Period-End%20Closing%20in%20SAP%20S4HANA%20Finance.png?height=600&name=Key%20Changes%20to%20Period-End%20Closing%20in%20SAP%20S4HANA%20Finance.png)](https://blog.sap-press.com/key-changes-to-period-end-closing-in-sap-s/4hana-finance)

## [Key Changes to Period-End Closing in SAP S/4HANA Finance](https://blog.sap-press.com/key-changes-to-period-end-closing-in-sap-s/4hana-finance)

Period-end closing in [SAP S/4HANA Finance](https://learning.sap-press.com/sap-s4hana-finance) has gone through a number of changes compared to the ERP equivalent.

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/key-changes-to-period-end-closing-in-sap-s/4hana-finance)

[![IFRS 16 Terminology for SAP Users: What is a Lease Contract?](https://blog.sap-press.com/hs-fs/hubfs/IFRS%2016%20Terminology%20What%20is%20a%20Lease%20Contract.png?height=600&name=IFRS%2016%20Terminology%20What%20is%20a%20Lease%20Contract.png)](https://blog.sap-press.com/ifrs-16-terminology-what-is-a-lease-contract)

## [IFRS 16 Terminology for SAP Users: What is a Lease Contract?](https://blog.sap-press.com/ifrs-16-terminology-what-is-a-lease-contract)

A lease is defined as a binding legal contract that outlines the terms and conditions of an agreement for the use of a specific asset for a period of...

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/ifrs-16-terminology-what-is-a-lease-contract)

[![Assign Valuation Rules to Leases in SAP Flexible Real Estate Management](https://blog.sap-press.com/hs-fs/hubfs/How%20to%20Assign%20Valuations%20Rules%20to%20Lease%20Contracts%20in%20SAP%20Flexible%20Real%20Estate%20Management.png?height=600&name=How%20to%20Assign%20Valuations%20Rules%20to%20Lease%20Contracts%20in%20SAP%20Flexible%20Real%20Estate%20Management.png)](https://blog.sap-press.com/how-to-assign-valuations-rules-to-lease-contracts-in-sap-flexible-real-estate-management)

## [Assign Valuation Rules to Leases in SAP Flexible Real Estate Management](https://blog.sap-press.com/how-to-assign-valuations-rules-to-lease-contracts-in-sap-flexible-real-estate-management)

Over the past half-decade, dozens of accounting laws have been passed in an attempt to provide more financial transparency among organizations,...

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/how-to-assign-valuations-rules-to-lease-contracts-in-sap-flexible-real-estate-management)

[![How to Split Cost of Goods Sold (COGS) with SAP S/4HANA Finance](https://blog.sap-press.com/hs-fs/hubfs/How%20to%20Split%20Cost%20of%20Goods%20Sold%20with%20SAP%20S4HANA%20Finance.png?height=600&name=How%20to%20Split%20Cost%20of%20Goods%20Sold%20with%20SAP%20S4HANA%20Finance.png)](https://blog.sap-press.com/how-to-split-cost-of-goods-sold-cogs-with-sap-s/4hana-finance)

## [How to Split Cost of Goods Sold (COGS) with SAP S/4HANA Finance](https://blog.sap-press.com/how-to-split-cost-of-goods-sold-cogs-with-sap-s/4hana-finance)

SAP S/4HANA Finance enables you to split the cost of goods sold (COGS) into the individual cost components according to the cost component structure...

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/how-to-split-cost-of-goods-sold-cogs-with-sap-s/4hana-finance)

[![Material Ledger Q&A: Material Ledger Questions Answered by Paul Ovigele](https://blog.sap-press.com/hs-fs/hubfs/Your%20Material%20Ledger%20Questions%20Answered%20by%20ERPfixers%20Paul%20Ovigele.png?height=600&name=Your%20Material%20Ledger%20Questions%20Answered%20by%20ERPfixers%20Paul%20Ovigele.png)](https://blog.sap-press.com/authorqanda/paul-ovigele)

## [Material Ledger Q&A: Material Ledger Questions Answered by Paul Ovigele](https://blog.sap-press.com/authorqanda/paul-ovigele)

Recently, we asked you for your pressing SAP Material Ledger questions so that Paul Ovigele, ERPfixers’ founder and author of [*Material Ledger in SAP...*](https://www.sap-press.com/material-ledger-in-sap-s4hana_4863/?utm_source=sappressblog&utm_medium=referral&utm_campaign=Blogs&utm_term=authorqa&utm_content=1825)

![Paul Ovigele](https://blog.sap-press.com/hubfs/1825_Ovigele.jpg) by [Paul Ovigele](https://blog.sap-press.com/author/paul-ovigele) 

[Read More](https://blog.sap-press.com/authorqanda/paul-ovigele)

[![What Does New Asset Accounting Bring to Your SAP S/4HANA System?](https://blog.sap-press.com/hs-fs/hubfs/What%20Does%20New%20Asset%20Accounting%20Bring%20to%20Your%20SAP%20S4HANA%20System.png?height=600&name=What%20Does%20New%20Asset%20Accounting%20Bring%20to%20Your%20SAP%20S4HANA%20System.png)](https://blog.sap-press.com/what-does-new-asset-accounting-bring-to-your-sap-s/4hana-system)

## [What Does New Asset Accounting Bring to Your SAP S/4HANA System?](https://blog.sap-press.com/what-does-new-asset-accounting-bring-to-your-sap-s/4hana-system)

Asset accounting is a fundamental subset of accounting processes used to record and report fixed asset transactions.

![SAP PRESS](https://blog.sap-press.com/hubfs/Twitter_profile_pic.svg) by [SAP PRESS](https://blog.sap-press.com/author/sap-press) 

[Read More](https://blog.sap-press.com/what-does-new-asset-accounting-bring-to-your-sap-s/4hana-system)

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