What is SAP S/4HANA?

E-Books for SAP SoftwareWhat is SAP S/4HANA? 
S/4 HANA is the next-generation SAP business suite (short for SAP Business Suite 4 SAP HANA), similar to the transition between R/2 and R/3. It is built on SAP HANA, with modern design principles and user interfaces. It also offers tremendous simplifications and innovations. With
the massive technology improvements provided by HANA, the business suite can now combine many tools and tables that had to be maintained separately in the past. For example, in the past, integration among different systems (e. g., ERP, CRM, SCM) had to be done by replicating data between several systems. Now, they can now all run quickly and easily on the same database. This can help drastically improve an organization’s data footprint. (more…)

Q&A: What’s New in Transfer Pricing and Actual Costing in S/4 HANA

This presentation with Janet Salmon, Chief Product Owner Management Accounting at SAP, will cover:

  • What are the latest changes to Transfer Pricing and Actual Costing in S/4 HANA
  • How is Material Ledger Connected with the Universal Journal?
  • What are the Currency and Valuation options for Material Ledger in S/4 HANA?
  • What is the difference between Single Valuation and Multi Valuation Ledgers
  • What Fiori reports can be utilized for Actual Costing and Transfer Pricing?

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What is SAP Material Ledger?

116Excerpt from Practical Guide to SAP Material Ledger by Rosana Fonseca.

Overview: What is SAP Material Ledger?
The name SAP Material Ledger leads people to think this function resides under the materials management module (MM). In fact, SAP Material Ledger is a component of the product cost controlling (CO-PC) submodule of SAP Controlling (CO) and it is a subsidiary ledger for materials.

SAP CO is the management accounting module in SAP that contains several sub-modules for cost center accounting, overhead accounting, product cost controlling, and profitability analysis. Finance and accounting pertain to the financial accounting (FI) module. (more…)