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Beyond ERP - Improve your SAP Chart of Accounts design to integrate with EPM
If you are a consultant or team member working with SAP Financials on an Enterprise Resource Planning (ERP) or Enterprise Performance Management (EPM) project, this blog’s for you. You have the...
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Beyond ERP - Improve your SAP Functional Area design to integrate with EPM
In my last Beyond ERP - Improve your SAP Chart of Accounts design to integrate with EPM I discussed some key considerations that will improve the integration between ERP and EPM regarding the chart of...
View ArticleMy trip to SAP Financials 2010
I just finished my session at the SAP Financials Conference 2010 in Orlando. By my eye, the customer turnout seemed to be up about 10% compared to last year's conference and there were more vendors...
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Can an Asset also be a Liability? An Introduction to SAP Asset Retirement...
Can an Asset Also be a Liability?Virtually all fixed assets are retired at some point. They either get scrapped for no value or sold off to another party. In this typical process the retirement...
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ERP Post Implementation Challanges – Part 1 Understanding COGM, COGS, Price...
ERP Post Implementation Challanges – Part 1 Understanding COGM, COGS, Price Difference & Closing Stock Calculation Author: Ranjit Simon John After our Go-Live we had gone through various tough...
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ERP Post Implementation Challenges – Part 2 Reconciling GL, Raw Material...
In my previous blog "ERP Post Implementation Challenges’ - Part 1" I have explained the concept of COGM, COGS and deriving the closing stock. In this blog I will be concentrating on the Reconciling GL,...
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Rules for Withholding tax Calculation
Scenario We got a scenario where we have to calculate the withholding tax over a specific vendor on the basis of below mentioned rules.If Cumulative Amount of Invoices raised by vendor is less than...
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What data you need mate?
FICO Consultant: We’re done with successful UAT phase of the project, now we need to migrate legacy data to SAP ERP. User: What data? And from where can I get it? FICO consultants are less...
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ERP Post Implementation Challenges – Part 3 Preparing The Cost Sheet
ERP Post Implementation Challenges – Part 3 Preparing The Cost SheetAuthor: Ranjit Simon John The main aim for any organization to implement any form of ERP is for various reasons, more profit, better...
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CIN - TAXINN Procedure - An Overview
Many times I have seen people who just entered in SAP have a kind of fear of CIN (Country India Version), even I was one of them. To overcome this fear we just need to put some logic and understand how...
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Loading Cost Center Hierarchy (CCH) into SAP using BAPI & LSMW
Definition – groups of cost centers in a tree structure within a controlling area that represent specific areas of cost incurrence from a Controlling perspective. A cost center hierarchy comprises all...
View ArticleHANA-Based Analytics - FI/CO: Seeking SAT (Solution Acceptance Test) Tester
We are working on the development of HANA-Based Analytics, the VDM (Virtual Data Model), for ERP FIN. Now we are seeking SAT (Solution Acceptance Test) tester who has interest on HANA and can support...
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The difference between financial accounting and management: in consulting it...
As is often the case at this time of the year, I spent a week chained to a desk with a bunch of sales people and sales engineers. This situation could possibly only be worse if they were all from...
View ArticleFind your true focus in a Finance Transformation initiative
I have been spending the last couple of days at the Hotel Russell in London at the Finance transformation and CFO conference run by the Shared Services Online Network (SSON) and have had the...
View ArticleHow long should be a Vendor number in SAP?
Very often a FI consultant faces this question and there is no text-book answer to this. SAP ECC field for Vendor number (LIFNR) is 10 characters long and it could be both numeric and alpha-numeric...
View ArticleShould SAP Plant/Site Customer/Vendor Number be same as the Plant/Site Number?
In my earlier post on How long should be a Vendor number in SAP?, I concluded saying that commonly the vendor number length is between 5 to 8 characters. The same parallel could be drawn for SAP...
View ArticleManikantha
hi.....friends, i have one doubt in Asset accounting, We have one Asset life of period 10years. After that time period also we are using the same asset. so, how will process of that asset after 10th...
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Vendor Aging Analysis Through SAP Report Painter
Report Painter is a very flexible reporting tool which can help the Functional Consultants to develop various reports without the help of ABAP. The advantages of the Report Painter are that defining...
View ArticlePodcast with Birgit Starmanns at SAP: Mobilizing your finance team
Earlier this week, I had the opportunity to talk with Birgit Starmanns from SAP, who is presenting at the upcomingFinancials 2013 event in Las Vegas, March 19-22.One of the sessions Birgit is...
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Reset clearing of document that has Withholding Tax items
You have activated extended withholding tax in your company code and want to reset the clearing in a document in which you have a withholding tax.Kindly consider that it is not possible to reset a...
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