Espresso Tutorials is pleased to announce our latest book release Leveraging SAP GRC in the Fight Against Corruption and Fraud by Maxim Chuprunov.

In many companies, GRC is predominantly used to help ensure the correctness of external financial reporting. This book shows you how you can also use GRC components to detect and prevent corruption and fraud.

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Excerpt 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…)

Excerpt from Practical Guide to SAP Cost Center Accounting by John Pringle.

One way of classifying data in SAP is to differentiate between items that are considered master data and items that are considered transactional data. In SAP, master data is relatively static data that is defined once and is shared throughout the application. Examples include vendors, customers, materials, general ledger accounts, cost centers, and profit centers. This master data then is used in transactional data such as invoices, accounting documents, and material movements. In an SAP implementation project, the structure and definition of master data should be thoroughly planned to reflect the needs of the business properly. Careful consideration should be given to such factors as numbering and naming the master data, permitted field values, and the ultimate reporting aims of the business. In this chapter, you will see the relevant master data available in CCA.

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Curious which SAP books were the most read in the SAP eBook Library in 2017? Keep reading to find out!  (more…)

New in the SAP eBook Library only – SAP SAP BPC and SAP HANA Predictive Analytics video tutorials by Lambertus Oosthuizen. (more…)

New in the SAP eBook Library only – SAP Procurement video tutorials by Sumit Jain. (more…)

New Release – Vos premiers pas avec SAP Contrôle de gestion (CO).

Espresso Tutorials is very pleased to announce the release of a new French-language SAP publication – Vos premiers pas avec SAP Contrôle de gestion (CO) by Ashish Sampat.  (more…)

Do you have questions about the SAP eBook Library? Keep reading to get answers to some of the most frequently asked questions.

 

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Cost center hierarchy
Cost center hierarchy consists of groups of cost centers in a tree structure within a controlling area. (more…)

New Release – Guia para iniciantes do SAP Controlling.

Espresso Tutorials is very pleased to announce the release of our first Portuguese-language SAP publication.  (more…)

Excerpt from Practical Guide to SAP® Internal Orders (CO-OM) by Marjorie Wright.

Planning and budgeting are distinct functions in SAP. The features can be used together or can stand alone. Internal orders may have Plan and Budget values. In this chapter, we review both of these optional features.

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The universal journal (table ACDOCA) significantly changes the way
transactional data is stored for financial reporting. It offers huge benefits in terms of the ability to harmonize internal and external reporting requirements by having both read from the same document store where the account is the unifying element. You will still need to understand the different applications to the extent that you need to perform different business transactions in each application. This means that you still have to create general journal entries in General Ledger Accounting, acquire and retire assets in Asset Accounting, run allocations and settlement in Controlling, capitalize research and development costs in Investment Management, and so on, but in reporting, you read from one source, regardless of whether you want to supply data to your consolidation system, report to the tax authorities, or make internal management decisions.

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