Book Excerpt: Introduction to Reconciling SAP CO-PA to the General Ledger by Paul Ovigele, Founder & CEO of ERPfixers

Account-based CO-PA is the form of CO-PA that groups costs and revenues into cost elements. This grouping requires all profit and loss accounts (or at least all the accounts that you want to be displayed in CO-PA) to be created as cost elements.
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One of the major tasks for functional SAP professionals is configuration. You configure SAP to perform properly based on business requirements during the realization phase. On your first SAP project, it can be overwhelming to know where to start when configuring a module. Some configuration is cross-functional so there are often multiple ways to navigate to a piece of configuration. With a few hints and tips, you can easily understand how to configure the system for the first time. (more…)

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

John wishes to control the procurement and inventory quantity of his shop floor aides such as rags and working gloves. However, he does not want the expense of those items to be included in the cost of goods sold, nor does he wish to maintain cost estimates or accounting data for those items.

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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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Espresso Tutorials is pleased to announce the release of First Steps in SAP S/4HANA Finance by Claus Wild and Janet Salmon. With their latest product SAP S/4HANA, SAP is revolutionizing how we approach finance by re-architecting data persistency and merging accounts and cost elements. This book offers a fundamental introduction to SAP S/4 Finance. (more…)

Don’t miss out on the Espresso Tutorials Black Friday special! Save 50% on the SAP eBook Library.  (more…)

Reserve your place now for the upcoming Espresso Tutorials Virtual Book Club Meeting: SAP ERP User Guide – Tips to Increase Productivity  with author Sydnie McConnell. (more…)

High availability means that a secondary system can immediately
take over in case of a problem with the primary system, with little
down time and no loss of data. This is an automated process in most cases. Clustering software and shared storage are required to do this. In this chapter, we discuss high availability and what it means in an SAP HANA context. (more…)

Not only is Espresso Tutorials celebrating our 5th birthday as a company, we are also celebrating publishing our 100th book: Expert Tips to Unleash the Full Potential of SAP Controlling by Ashish Sampat. (more…)

Have you missed any Espresso Tutorials virtual book club meetings? Here is your chance to catch up on recorded virtual book club meetings that have been held thus far in 2016. Get to know the authors and get tips that will improve the way you work with SAP. (more…)

Espresso Tutorials, a leading provider of SAP® books recently announced its latest book release The SAP HANA Deployment Guide by Bert Vanstechelman. (more…)

We are celebrating the 5th anniversary of Espresso Tutorials! (more…)