SAP ERP add-on for financial accounting and operations

The chart of account (CoA) is one of the most important structures in business. It reflects all the activities a business is involved in and it provides a foundation for the majority of financial and management reporting. Correct use of the chart... Read More »

As per the Finance Act 2020, a new amendment was introduced with respect to TCS (Tax Collected at Source) for section 206C with effect from 1st of October, 2020. Tax collected at source (TCS) is the tax payable by a seller which he collects from the... Read More »

In any SAP Central Finance Project the focus should be on the value chain which can help business in realizing the value of the investment. Just replicating the data from any source system (SAP or Non SAP) will not deliver value rather additional... Read More »

Introduction to Central Payments When Central Payment is activated for a specific company code, open-item processing of all customer and vendor accounts for this company code is moved entirely to the Central Finance system. Open items in the... Read More »

The simple definition of  joint venture (JV) is a business arrangement where two or more parties pool their resources for the purpose of accomplishing a specific task.* * According to investopedia... Read More »

SAP S/4HANA 1909 is released on 20th September. This also makes available with SAP Central Finance (CFIN) 1909. Central Finance is in such a stage where features are added each time and also their are some key features missing like Asset accounting... Read More »

Transportation request is considered pool of changes that you did in database tables during your customization changes !   It’s have a lot of benefits and business cases , but also a lot of secrets that if functional consultant know it... Read More »

This blog is focussed on usage of Business Area in Central Finance Implementation. Traditionally SAP customer have been using business area as one of the element in transactions for reporting purposes but with SAP S/4HANA Business Area is not... Read More »

Introduction: In this Blog post would like to share one way of the approach to achieve Bank Cash Credit limitation in SAP ECC. Requirement: If a industry is having CC account with various Banks, and having Separate GL account of each House Bank, and... Read More »

Describe using BCset functionality to download SAP configuration and upload it in any other SAP system with specific limitation In this blog post we are going to explain: 1- The business cases that we may need to keep our configuration 2-... Read More »