Understanding Currency Translation process in SAP S/4HANA Finance for group reporting

SAP S/4HANA, SAP S/4HANA Finance

Purpose: Purpose of this blog post is to understand the currency translation process from the Business and from SAP S/4HANA Finance for group reporting perspective. What will you learn from this blog post? From this blog post, you will be able to understand: Overview of currency Translation from Business process side. How SAP S/4HANA Finance […]

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Verify General Journal Entries – Configuring the Workflow in S/4HANA 1909

SAP S/4HANA Finance, SAP S/4HANA 1909

Introduction With S/4HANA 1709, the “Verify General Journal Entries” Apps were introduced. There are three apps, as follows: App ID F2547: Verify General Journal Entries – For Requester App ID F2728 :Verify General Journal Entries – For Processor (Inbox) App ID F2729: Verify General Journal Entries – For Processor (Outbox) The process is driven by […]

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Verify General Journal Entries – Configuration Steps in S/4HANA 1909

SAP S/4HANA Finance, SAP S/4HANA 1909

Introduction With S/4HANA 1709, the “Verify General Journal Entries” Apps were introduced. There are three apps, as follows: App ID F2547: Verify General Journal Entries – For Requester App ID F2728 :Verify General Journal Entries – For Processor (Inbox) App ID F2729: Verify General Journal Entries – For Processor (Outbox) The process is driven by […]

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SAP FI tax codes transport – Best practices and tips

SAP S/4HANA Finance, SAP ERP

Overview Working for many companies I quite often found inconsistencies in tax code customizations between systems. Meeting many FI consultants I saw different approaches in transporting tax codes between systems. Being a SAP FICO consultant for 12 years I´d like to summarize in this blog post all best practices and tips I gathered to streamline […]

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SAP S/4HANA 1909 Post Conversion Tips and Suggestions

SAP S/4HANA, SAP Fiori, SAP S/4HANA Finance

This document is intended to provide quick and concrete common post conversion to S/4HANA tips that customers can include (if relevant) in their first conversion cycle and embrace these as part of their conversion journey so that this possible issue don’t arise during the production conversion. Also Read: SAP S/4HANA Financial Accounting Certification Preparation Guide […]

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S/4 HANA Finance: Foreign Currency Valuation – Transaction FAGL_FCV + Simulation Ledger

SAP S/4HANA, SAP S/4HANA Finance

The following blog will focus on the functionality of Foreign Currency Valuation in S/4 HANA Finance, differences with older versions, and how it is connected to the Simulation Ledger (Extension Ledger) set in transaction FINSC_LEDGER. Configuration and testing scenarios will be shared in this post. The word “S/4” will be used to refer to an […]

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