In general if Central Finance is to be used only for financial reporting system where all finance operations including open items, payments, clearings etc will remain in source system then tax reporting will also remain in the source systems. However, in an operational Central Finance scenario where CFIN becomes the system of record, tax reporting....
When you set up your SAP S/4HANA Cloud system for the first time, there’s a number of decisions you need to make regarding the settings that’ll be valid for the whole system. Among other things, you’re deciding how many and which ledgers you’re going to use. This is a big decision that depends on your....
ABC SAP Implementation Project will replace some of ABC’s existing legacy applications with SAP. This cutover approach document defines how existing ABC business processes, operations, systems, and data will be transitioned to SAP. It also focuses on both the technical and system processes required to have the SAP production system operational along with the interim....
How to write a user exit for validation and substitution. Sometime there is a requirement which we can achieve only with the help of technical team. Here I am explaining how a functional guy can make some basic user exit and ask ABAP team to write the correct logic. Introduction This document aims to....
You most probably know that fiscal year variants (FYV) define the relationship between the calendar year and the fiscal year in SAP S/4 HANA Cloud. They specify the start and end date and the number of periods and special periods of a fiscal year. As your business requirements might change when your system is already....
slight variations such as the link to alternative accounts. With the Migration Cockpit, SAP makes your life a lot easier. In this blog, I will explain/demonstrate how to maximize the use of the Migration object modeler to ease your migration process. Migration Cockpit In the SAP S/4HANA environment, one of the most common solutions for....
valid as of SAP S/4HANA 2020 This is the 2nd blog in my blog post series on managing hierarchies in SAP S/4HANA. Blog 1/3: FIORI apps to manage hierarchies Blog 2/3: Detailed features of FIORI app “Manage Global Hierarchies” Blog 3/3: Detailed features of other FIORI app to manage hierarchies In this blog, we will....
Valid as of SAP S/4HANA 2020 In this blog post series, I will provide an overview of the functionalities available for managing hierarchies in SAP S/4HANA. I will also discuss some of the interesting features and limitations of the FIORI apps supporting hierarchies. Blog 1/3: FIORI apps to manage hierarchies Blog 2/3: Detailed features of....
With your production system already up and running, you might run into a situation where you have to use additional fiscal years, because you need local reporting for a certain country or region that differs from your main fiscal year. Not to worry, there’s a way to do this. You may have heard the term....
Execution part of SAP Central Finance project is always a issue when it comes to system performance. There are several Initial Loads to be executed and all of them cause lot of performance issues specially on source system. In this blog I will discuss some options to overcome those issues but of course on the relevant....
In this blog, I would like to present some ways of comparing DME Trees, Validations / Substitutions / CO Templates (CPT3) etc. Normally before moving these kinds of changes to Production Client, a lot of precaution is required. Care should be taken to ensure that some existing values in Production Client are not overwritten by....
With SAP S/4HANA 2020 FPS01 SAP has added feature in FI initial load. With classic way it was always you need to run the package of documents and do hit and trial but now it little easy. I will not explain much in theory rather take you directly to SAP screens. See how Please note to....
In any projects, testing is one of the key component and quality of testing defines the success rate during and post go live largely. In this blog, the discussion is focussed on how to plan the test strategy in Central Finance project. It is important to understand that Central Finance projects are different from....
