FICO (5)

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...

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...

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.

What is SAP BRIM?

SAP BRIM, previously known as SAP Hybris Billing, is a comprehensive solution for high-volume consumption businesses.

Creating Customer Invoices with SAP S/4HANA Finance

Each company needs to bill its customers for the goods and services shipped to them and must update its sales revenue accounting.