FICO (4)

Types of Central Finance Rollout

How ERP projects are deployed is largely influenced by the rollout type, the key milestones, and the scope—and Central Finance is no exception.

Understanding Transaction FB50 in SAP FI

It’s important to understand basic concepts in complex financial solutions such as SAP FI—things like enterprise structures and useful transactions

Order-to-Cash with SAP and Accounts Receivable

The accounts receivable accounting process isn’t as simple as recognizing an order and collecting the payment. (Wouldn’t that be nice?!)

How to Perform Depreciation Runs in SAP S/4HANA Finance

The depreciation run is a periodic processing program in asset accounting that posts planned depreciation to all relevant assets. Most companies...

Overhead Rate Application for Period End Closing with SAP

When you’re working with SAP and using overhead rates in planning, you probably also want to apply overhead rates in actual.

How to Define a Company in SAP FICO

There is a certain terminology used in SAP FICO solutions to define inputs into the ledger. One such term is company, an SAP FI enterprise...

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.