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How to Analyze Bank Fees in SAP S/4HANA

Although bank fee analysis is one of the more tedious tasks in the treasury, a correct analysis can save a company up to millions of dollars on...

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 for SAP Users: 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

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