FICO

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.

Improving Financial Close with SAP S/4HANA Finance Tools

When using SAP S/4HANA to perform a hard financial close, there are a handful of tools available to achieve increased efficiency, governance, and...

Drilldown Reporting with the SAP S/4HANA Material Ledger

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

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.

Key Changes to Period-End Closing in SAP S/4HANA Finance

Period-end closing in SAP S/4HANA Finance has gone through a number of changes compared to the ERP equivalent.

SAP Blockchain for Lines of Business

Blockchain is a powerful intelligent technology that provides businesses with greater transparency and collaboration capabilities.

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...

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,...

How to Split Cost of Goods Sold (COGS) with SAP S/4HANA Finance

Those that perform accounting using SAP solutions such as SAP S/4HANA are familiar with the income statement line of cost of goods sold (COGS).

Material Ledger Q&A: Your Material Ledger Questions Answered by 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...