IFRS Transition Considerations: To Upgrade or Not to Upgrade?
“To be or Not to be?” is a question which modern day readers may still find perplexing. But, “To Upgrade or Not to Upgrade?” is answered in this first IFRS webinar of the Fall Series. In this webinar Lois Dick and I provide an update on IFRS and strategies to assess and develop your financial systems roadmap. It highlights the importance of assessing the age and complexity of your systems, and the future direction of your business; key drivers which might tip the scale in favor of an upgrade as part of your IFRS transition plan. This webinar show cases the array of SAP tools and best practices you can implement to help you achieve your SAP ERP 6.0 upgrade and be ready for IFRS compliance.
Well said. Starting out with the technical upgrade as the first step continues to be SAP's recommendation before embarking on a fucntional upgrade. Project risks are best controlled when project variables are kept to a minium. Upgrading now, will help ensure sufficient time to meet IFRS requirements.
Just out of curiosity, how many of you are planning to upgrade to SAP ERP 6.0 and if so, when?
Lois Dick - SAP Upgrade Competency Center
Our system is on ECC6.0 without any EHP. I need to understand what new functionalities/business functions SAP offers in EHP4.0 and EHP5.0 as compared against No EHP.