FIN (Finance)

Our goal is to continuously improve the SAP Support experience and to leverage the latest technology and trends in the industry.  As an outcome of that, we are proud to announce that Ask an Expert Peer is now live in the ‘Get Support’... Read More »

Hi colleagues, I have written several blogs to cover the entire process of obtaining a letter of credit in SAP. SAP breaks down the LC process into the following modules. Treasury and Risk Management Financial Accounting Material Management Sales... Read More »

AVL is the functionality where some logistics data is replicated from source systems to SAP Central Finance systems for supporting some of the business requirements. To learn more about AVL – READ HERE. This blog focusses on AVL functionality... Read More »

In this blog the focus is on Tax aspects with reference to SAP Central Finance. With the implementation of SAP Central Finance what are the areas impacted or should be take care which are tax relevant like tax codes, tax reporting, tax engine,... Read More »

Hi colleagues, A bank guarantee is a pledge on the part of a bank to make good someone’s debt in the event that he or she cannot pay it. This type of guarantee is essentially an agreement to stand as a consigner on a transaction. In the event... Read More »

  Hi colleagues, TRM has several customizations at the organizational level. These configurations are necessary before we can create any deal in TRM. The majority of these are obligatory, but a few of them are not. It is possible to conclude... Read More »

Do you need an introduction to the group reporting process, because you want to be able to describe consolidation processes better? The new course “Corporate Close with SAP S/4HANA Cloud for group reporting (F9212)” will help prepare you to run... Read More »

Hi colleagues, A letter of credit, or a credit letter, is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. If the buyer is unable to make a payment on the purchase, the bank... Read More »

Procurement of External Service as Service Items – PM03   Service Procurement process requires service master record which is created in SAP Material Management. You can create a maintenance order with only service items as external... Read More »

Hi colleagues, Each Product Type in TRM module post to Financial Accounting, Most of Product type are predefined in Latest S/4 Hana but we have to assign GL Account to them. Here I will explain in detail how we can achieve that. This Blog cover... Read More »