Introduction A comprehensive guide to leading ledger selection in SAP S/4HANA Cloud, Public Edition system, accounting principles play a vital role in ensuring accurate financial reporting. This article aims to provide you with a clear understanding of how accounting principles are defined within the system, particularly when reporting in multiple accounting principles. We will focus....

Objective Singapore law permits corporates and legal entities to change their reporting and local currency to USD instead of SGD. It has been a popular exercise, which is in practice by several corporates as they keep USD as their primary reporting currency in Singapore. When these corporates/ legal entities want to implement S/4HANA Public Cloud....

Objective If you have a requirement to keep your group accounting principle other than IFRS & USGP (USGAAP) accounting principles in S/4HANA Public Cloud, then this blog is for you only. It will outline how to achieve the said requirement Cloud ERP. I also found that details and documentation not available anywhere. It will be....

This blog will help you understand overall purpose and processes of Discounting of Long-Term Assets and Liabilities in S/4HANA Public Cloud. It will explain in detail about the importance, configurations, master data update and process execution itself.  Key Points What Is Discounting? Discounting is the process of determining the present value of a payment that....

Advanced Foreign Currency Valuation is part of Advanced Valuation in Financial Accounting. Advanced Valuations support you in following accounting standards, for example, IFRS9. The following processes are part of advanced valuation and are realized as job templates in the Schedule General Ledger Jobs app. Post Discounting of Long-Term Assets and Liabilities Advanced Foreign Currency Valuation Post Credit-Risk....

I keep getting queries on available currencies in S/4HANA Public Cloud, specially about 3rd currency option and its usage. That is why I am putting it here so that other people can also benefit from it. Currency Options in S/4HANA Public Cloud Transactional Currency > Currency Type ‘00’ Transaction Currency is used during the transaction/....

This Blog explains the steps which needs to be followed to configure in SAP S/4HANA Cloud to meet customer requirements for inserting or updating Country/Regions attributes. Prerequisites Your user must have authorization to access and modify the content of SSCUI view and it would be good if you have hands-on on configuring the solution via....

This blog post describes how to create a new Balance sheet and Profit and Loss (P&L) report on the SAP S/4HANA Cloud using Advanced Compliance Reporting.For example, you wish to create a Balance sheet and Profit and Loss (P&L) report for a country, for which it is not available as a part of the standard....

This blog post describes how to create a new Cash Flow statement report on the SAP S/4HANA Cloud using Advanced Compliance Reporting.For example, you wish to create a Cash Flow statement report for a country, for which it is not available as a part of the standard delivery. Note: To fulfill the legal requirements in an....