Q&A: What You Should Know About Material Ledger in SAP S/4HANA

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Blog post courtesy of ERPfixers.

Get answers to frequently asked questions about working with Material Ledger in SAP S/4HANA.

Q: Can we use material ledger with different fiscal year variant than core ledger (FI) ? 

A: There is no concept of a Fiscal year variant in Material Ledger itself. Fiscal year variants are based on Ledgers in the Universal Journal. If you use Multi-valuation Ledger, then your Fiscal Year variant of the leading ledger will be the same in all Valuations of material ledger. If you use Single Valuation Ledger, then you should be able to have different Fiscal Year variants for the different ledgers (which represent separate valuation views in the Material ledger).

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SAP S/4HANA Resources

ET_Cover_Webshop_289_01Learn more about the latest Espresso Tutorials SAP S/4HANA book releases! All of the titles are also available through the SAP eBook Library.

SAP HANA – Implementation Guide
– SAP HANA sizing, capacity planning guidelines, and data tiering
– Deployment options and data provisioning scenarios
– Backup and recovery options and procedures
– Software and hardware virtualization in SAP HANA
Learn more. (more…)

New Release: Practical Guide to SAP GTS Part 3: Bonded Warehouse, Foreign Trade Zone, and Duty Drawback

162New Espresso Tutorials release – Practical Guide to SAP GTS Part 3: Bonded Warehouse, Foreign Trade Zone, and Duty Drawback by Rajen Iyer, Ashish Galchhaniya.

SAP Global Trade Services (GTS) helps companies maximize supply chain performance and reduces the overall cost and risk of global trade by ensuring regulatory compliance, accelerating trade activity, and enabling trade compliance automation. (more…)

The anti-cube in action (excerpt from Leveraging SAP GRC in the Fight Against Corruption and Fraud by Maxim Chuprunov)

ET_Cover_Webshop_216_01Excerpt from Leveraging SAP GRC in the Fight Against Corruption and Fraud by Maxim Chuprunov.

Using GRC to fight corruption: From the concept to implementation
In this chapter, I present a practical concept for fighting corruption which is based on processes that most companies are already using (e.g., ICS, risk and policy management). In doing so, I will show how an anti-corruption framework can be implemented in a company as part of an overarching and integrated GRC initiative.

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