New SAP book release – Value Flows into SAP ERP Finance (FI), Controlling (CO), and Profitability Analysis (CO-PA) by Christoph Theis and Stefan Eifler.

Many companies struggle with reconciliation between SAP FI and SAP CO-PA in order to generate reliable and actionable reporting results. This book explores value flows into SAP Profitability Analysis (CO-PA) in depth, along with integration with the SAP ERP system.
Authors Stefan Eifler and Christoph Theis are leading SAP CO-PA subjectmatter experts. They walk readers step by step through a SAP value flow—from the customer order to production, goods issue to the billing document, and how to display the values in FI/CO. Obtain perspective on business and technical functionality and considerations.
The book also makes the case for using SAP CO-PA as a sales control tool in order to allow for a wider range of business analysis. Explore an overview of SAP S/4HANA Finance and its impact on CO-PA:

– Value flows based on the sales and production processes
– Reconciliation between FI and CO-PA
– Overhead costs and closing tasks
– Overview of SAP S/4 HANA Finance

Start reading now!

Author Christoph Theis studied business administration and now has more than ten years of experience in the SAP environment, with a focus on Financials and Controlling. Up until 2012 he was employed at Logwin AG. His main tasks included on one hand accompanying various international SAP rollouts with a focus on reporting, forms, Finance, and Controlling, and on the other hand, customizing the system, testing settings, training key users, and performing data migrations. For one year he managed the Cash Management department with nine employees and gathered extensive know-how as an employee in the Treasury and Controlling group at Logwin AG.  At the beginning of 2013, Christoph became an external SAP consultant and for one year, supported various medium-sized companies in SAP implementations and SAP optimization projects in the areas of FI and CO. He now works as an accountant/in-house consultant for rollouts and integration projects with SAP FI & CO at Sartorius AG in Göttingen and supports international SAP rollouts in the areas of Financials and Controlling, for example in the USA, in Puerto Rico, France, Belgium and Tunisia.

Author Stefan Eifler has worked as an external and internal SAP consultant for more than 17 years, focusing on CO. He specializes in Profitability Analysis (CO-PA). After completing his business studies degree at the Ruhr-Universität Bochum, Germany, he began work as an external SAP consultant at COPA GmbH, a consultancy specializing in the beverages industry. He has implemented the module CO, always including CO-PA, successfully and on schedule at many well-known companies in the beverages industry, such as Coca-Cola, Veltins, Schwarze, Amecke, Berentzen, and Schneider Weisse.
After marrying his wife Karin and while awaiting the birth of his son Jan Lukas, Stefan accepted an offer from Berentzen-Gruppe AG to work there as an in-house SAP consultant. There, as lead for controlling projects, in addition to many SAP projects, such as the implementation of SAP R/3 when the Berentzen companies were merged into one company, he led projects such as the implementation of international reporting (IFRS) for December 31, 2005. In additional roles such as sales and production controller, Stefan was able to gather a lot of practical experience in controlling.
Thanks to his holistic business training, he was also the risk manager for Berentzen-Gruppe AG and supported numerous internal and external students with their degree dissertations and theses. Since February 2012, Stefan has been working at the global company Sartorius AG in Göttingen, Germany, as an in-house consultant for CO and PS (Project System), enabling him to gather deeper international experience.

 

In the SAP system, you need a vendor master record in order to assign business transactions to an account. The vendor master record can be temporary; this is useful if you expect only one business transaction for the vendor, for example. In this case, you create a one-time vendor.

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Access 11 SAP books hand-selected for you by SAP Super User Leaders! The official SAP Super User Leader list of recommended books includes tips on the sections of each book most relevant to a super users. (more…)

SAP eBook Library Team Access Sale: Save 10% August 1-31, 2017. Take advantage of discounted team pricing and provide your SAP team with access to 150+ SAP books and video tutorials that they can access anytime, anywhere for online for offline reading. (more…)

New Release – Vos premiers pas avec SAP.

Espresso Tutorials is very pleased to announce the release of a new French-language SAP publication.  (more…)

Tip on how to create customized transaction layouts by Matt Johnson, author of The SAP Material Master – a Practical Guide.

You will find that many SAP Materials Management transactional outputs and reports contain far more information than you need. This overload of information can cause you to waste time searching for the relevant data. Fortunately, you can tailor these outputs to show only the information that you are interested in.
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New Release – Vos premiers pas avec SAP Finance (FI).

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

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

SAP eBook Library Team Access Sale: Save 10% August 1-31, 2017. Take advantage of discounted team pricing and provide your SAP team with access to 150+ SAP books and video tutorials that they can access anytime, anywhere for online for offline reading.

(more…)

The beta version of the Espresso Tutorials SAP eBook Library App is now available. Access via PC, iOS, and Android. Read anytime—online and offline. Start your free trial today.

What 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…)

Posting via a Clearing Account
This procedure is still available in integrated SAP Asset Accounting. Here too, you can park assumed asset acquisitions in clearing accounts in SAP Financial Accounting to post them to the assets at a later point in time. For this “traditional” procedure, SAP Asset Accounting offers special functions.

If the SAP Accounts Payable Accounting and Asset Accounting modules are separate, a posting method via clearing account can/must be used. In a first step, the vendor invoice is available; it is processed with transaction FB60 (Enter Incoming Invoices) and posting record Clearing account to Vendor (see Figure 4.2). (more…)