SAP Financial Closing cockpit

Are you looking for the fastest path to growth and differentiation to support navigating these uncertain economic times or perhaps looking to reinvent your business model?  Our customers have seen a significant increase in mergers, acquisitions... Read More »

Dear Finance Experts, with the latest major release 3.0 of SAP S/4HANA Cloud for advanced financial closing (AFC) on January 19th, 2023, the new feature System for Cross-domain Identity Management (SCIM V2) was introduced. Background of this... Read More »

How can I use organizational units other than Controlling Area, Company Code or Plant for task scheduling in AFC? Issue / Observation You are implementing SAP S/4HANA Cloud for advanced financial closing (AFC). As part of automating the month-end... Read More »

In this blog post I have explained how the Revenue is Recognized for the Revenue type ‘Customer Return’ with Credit Memo when the Accrual Method is “Recognized at the Point of invoice” What is Customer Return? Customer Return Processing is... Read More »

In this blog post I have explained how the revenue is recognized for the revenue type ‘product sale’ when the accrual method is “Recognize at the point of delivery”. Product sales include the sale of materials, standardized services,... Read More »

Dear Finance Experts, If you are interested in a structured introduction to SAP S/4HANA Cloud for advanced financial closing, or a reference book that provides a holistic overview of SAP’s strategic closing orchestration solution we have... Read More »

Dear finance experts, with the latest delivery of SAP S/4HANA Cloud for advanced financial closing just released on July 17, 2022, we’re already nearing the next exciting round of valuable enhancements coming on August 21! Let me give you a brief... Read More »

Dear finance experts,  are you new in this topic and did you ever wonder which materials are actually available for SAP S/4HANA Cloud for advanced financial closing (AFC)? Notes? Documentation? Learning? In this blog, I want to guide you through... Read More »

Dear finance experts, with the latest release of SAP S/4HANA Cloud for advanced financial closing on February 27, 2022, the Define Closing Tasks app was replaced by the brand new Manage Closing Task Lists app, which comes with many great new... Read More »

Dear finance experts, with the latest update of the SAP ERP connector 1.0 for SAP S/4HANA Cloud for advanced financial closing (AFC), you can now benefit from pre-delivered content for SAP ECC backend systems. This will help you accelerate your... Read More »