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FIN (Finance)

Financial Enterprise Structure

Purpose Provide an overview of SAP Enterprise Structure and some of the specific finance related organizations SAP Enterprise Structure Overview Enterprise Structure is the system representation of your business structure SAP has a number of organizational unit elements that help you portray the Accounting, Logistics, Sales, and Human Resources structure …

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Basic SAP Tax Overview

Purpose I would like to provide a document that outlines the basics of SAP tax configuration and provides a couple of examples of how tax code could be determined in SD and MM. Overview SAP provides the majority of the tax configuration out of the box by country There are …

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Configuration Guide for E-Bilanz (Option 3)

There are three Options to configure the E-Bilanz in SAP: Option 1: SAP ERP/Other Systems with SAP BusinessObjects Disclosure Management Option 2: SAP ERP with SAP ERP Client for E-Bilanz Option 3: SAP ERP with a non-SAP-Software (for Example DATEV) I will show you the configuration of the simplest of …

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Selection criteria in Allocation

Prerequisite  You want to have the total amount of several costelements to be the selection criteria when doing assessment or distribution. Environment SAP release independent Solution You can use the totals of two or more cost elements bycreating a cost element group first includes all the required cost elements.Then you …

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Debugging for Functional Consultants

Introduction to Debugging SAP consists for various transactions codes and data. Data are stored in the tables and the transaction codes have ABAP programs at the back end. Literal meaning of debugging is ,to make something(a program in current discussion) bug-free. But that is just one aspect of debugging. Through …

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Usage of on account posting key in EBS

This article deals with the significance of the field ‘On Account Posting Key’ in Electronic Bank Statement. Although this is a very small and simple configuration in Electronic Bank Statement, it has significant implications in terms of the handling the way in which postings are made during the Upload of …

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How G/L tolerance/clearing works. Step by Step.

Step-1 OB57- Assign users tolerance group. Here we are creating a blank tolerance group which is assigned to userid. However at step no: 2 (Tolerance group for users) can created as ‘abc’ and that can be assigned to the step no:1. ` Step-2 OBA4 –FI Tolerance group for users Amount …

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Background Processing of Dunning

Background processing of Dunning- Dunning can be processed automatically in background which can be scheduled daily,monthly,weekly or yearly.SAP provides a standard program RF150SMS which can be used to schedule Dunning run.The steps to be followed are : 1.) Create a template in F150 specifying all the details i.e.  Run Date, …

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Advanced use of search strings in Electronic Bank Statement

This document explains capabilities of search strings in electronic bank statement processing Electronic Bank Statement is one of the most widely used functionality to automate bank reconciliation and related posting. It can be further optimized by use of ‘search strings’. Search strings by reading strings in “Note to Payee” can …

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A specific case in DCOM configuration

In BFC 10.0 security guide we cannot find the part that show us how to configure the DCOM for excel link. But I think all of you have referred the following KBA: 1222479 – DCOM configuration for EXCEL Link Here I would like to share a special case with you. …

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Checklist: Package Data Entry

SAP Financial Consolidation is a very powerful tool for managing financial data but it could also seem very confusing for beginners due to its high customizability. A very common question is “Why can’t I input data in the package?” The answer: There are about a dozen settings that are involved. …

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Lockbox post processing in SAP

I have come across many documents explaining the configuration and functionality for Lock-box implementation in SAP. However I have found very little post regarding post processing aspects of Lockbox. This document is intended to  explain the different aspects of post-processing data and assist users to successfully processing the file data. …

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OBZT – define tax codes per transaction

Hello, SAPers! Here is a small tip on defining tax codes per transaction. For some of you, especially those with wide and long experience in FI module, this post might be trivial, but it might be interesting for consultants that just started on their career path. Customizing of country’s tax …

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Recurring Entries

What are Recurringentries? Recurring entries allows the business a function for automaticcreation of accounting entries based on the predefined parameters. Once the Recurring entries are created they get posted intothe SAP system as per the defined schedule by the business. Use of this functionality is only recommended to be usedonly …

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IT Heroics for Finance Part 2: Reconciliation

By deploying Simple Finance, IT can bring transformation to finance. In the introduction to this series, we learned the need for simplification and the role HANA plays. Simple Finance is our industry-leading financial solution re-built to take advantage of SAP HANA. Perhaps the most significant change from this re-build is …

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IT Heroics for Finance Part 1: Introduction

Are you thinking about the next big accomplishment IT can provide for our colleagues in the finance department? You should be, because now with SAP Simple Finance, we have a great opportunity to transform how finance operates. CFO.com reported recently that 76% of finance executives think strategic planning will be …

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How to create a custom CSV payment method

Business need Our finance department engaged with a local bank to accelerate vendor payments with a p-card program. Once set up on the bank’s website, they would just need a simple comma-separated text file (CSV) with some basic data like our vendor number, the vendor’s invoice number, the payment date, …

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Tips in Using DMEE format for SEPA compliant UK-BACS

BACS payments are domestic, non-urgent payments (ACH payments) in the United Kingdom of Great Britain and Northern Ireland. Processable amounts are limited by the credit limit set by the BACS clearing system only. Traditionally, the BACS format is using the text flat file uploaded to the bank. In 2014, SEPA, …

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IFRS Update – 2014 H2 Publications

As IFRS (International Financial Reporting Standards) are evolving fast, we are continuing our focus on the latest IASB’s (International Accounting Standards Board) updates. Since our last blog published in July 2014, the following publications have been issued by the IASB: IFRS 9 – Financial Instruments The fourth and final version …

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China Golden Audit Report : Income Statement

China Golden Audit Report As part of SAP China country version rollout SAP provides China Golden Audit Interface (T-Code: S_P6B_12000301) which contains a  bouquet of standard reports to meet China local legal requirement. This document describes the configuration required for Income statement and Cash flow statement to meet the Chinese …

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