Creating a vendor master record

166In 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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What is SAP Fiori all about?

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Excerpt from First Steps in SAP Fiori by Anurag Barua – what is SAP Fiori all about?

A question that many of my customers ask is, “What is SAP Fiori all about?” It’s a question that has a significantly long answer because SAP Fiori is not just one thing but rather a convergence of many things. Quite simply, it is SAP’s truly new user experience, or for those of you with a technical mindset, it is SAP’s new user interface.
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Introducing the universal journal: excerpt from First Steps in S/4HANA Finance

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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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Strategies for migrating from SAP BW to HANA

SAP BW to HANA Migration HandbookThere are many ways to move an existing SAP BW system on a traditional database to SAP BW on HANA, but there are really only two major strategies which most companies consider: New implementation (greenfield) and database migration. (more…)

Data flow in the context of revenue accounting

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Free excerpt from Practical Guide to SAP FI-RA — Revenue Accounting and Reporting.

To begin our look at the technical treatment of data for this topic, we will use the following example of the data flow for a standard order (or customer contract) in SD, and in particular, in combination with the creation and processing of revenue accounting contracts (see Figure 2.2). The symbols used in the illustration each represent the objects and results from the relevant modules SD, FI-RA, and FI-GL.

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