Introduction: In Central Finance S/4 HANA, MDG mapping plays an important role in replication process. Mapping helps in defining the relation of different identifiers or objects like GL Account, Cost Centre, Company Code, etc. between source ECC systems and Central Finance. Mapping is read via Standard SAP functionality during replication. However, there is always requirement […]
I will explain how Predictive Accounting in SAP S/4HANA 1909 and below blog post divided into 3 areas like Configuration, Apps and Reporting. Predictive accounting enables you to take the most up-to-date data from areas in S/4HANA outside of Finance, such as Sales; other integrated products, such as SAP Concur; or external systems, and use […]
Introduction In this blog post, I will try to cover the list of migration activities that need to be carried out. This migration activity guideline is for finance consultants who are tasked to migrate old accrual engine to the new accrual engine. Following is an example of the configuration of the cockpit and the execution […]
With SAP S/4HANA Document splitting is the mandatory key feature and situation is complex when the organisations are transforming from different ECC systems to SAP S/4HANA via SAP Central Finance. Some customers still use classic GL systems where splitting is not yet active, some customers have new GL systems but they want to change splitting […]
Background Large number of companies operate in multiple countries. There are good number of inter-company transactions between two countries. Due to inter-company transactions purchase and sale between two inter-company, Accounts Receivables and Account payable netting becomes a herculean task. There could be huge number of payable and receivables transaction standing in both companies. One option […]
Introduction: This blog post will not take you through the customizing of foreign currency valuation; instead you will learn one or two things differently. I will be explaining features and functions of FCV in SAP. Below are the key points we will be looking at: Brief introduction of FCV Scope of FCV How GLs are […]
1. Overview Cash pooling / Cash concentration is a financial management strategy that lets companies maximize their current credit and debit cash positions to optimize the use of surplus funds of all subsidiaries in a group, reduce external debt, and increase available liquidity. Physically, via concentration by sweeping accounts upward, the concentration account can bring […]
In this blog i will be discussing about the AVL functionality in SAP Central Finance. AVL stands for “Accounting View of Logistics information”. Accounting View of Logistics (AVL) is Central Finance-specific functionality in which logistical information is loaded and replicated from SAP source systems into Central Finance and stored in separate tables. Benefits AVL provides […]
Are you SAP certified? Have you thought about the C_S4FCF_1909 Certification? Use SAP S/4HANA Central Finance through the exam and take a look at the exam preparation.
Through SAP Central Finance or the C_S4FCF_1909 certification, a candidate can explore SAP HANA’s possibilities, i.e. real-time, speed and agility to replicate financial documents into the central system.