SAP S/4HANA Finance

As part of the conversion process to S/4HANA, the migration monitor (FINS_MIG_STATUS) is responsible for coordinating the migration of Finance data into the new S/4HANA data model. To access details about a data migration run, click the Overview tab... Read More »

Pre-requisites: Relevant InfoObject is created in ToolBW. Step 1: Activate the characteristics in FPSL client. Path : -> Financial Product Subledger->Basic Settings->Settings for Meta Data->Characteristics->Activate... Read More »

It’s heard several times that customer prefers having the splitting result for some dimensions in accounting side (table ACDOCA) and in Cash Flows (table FQM_FLOW). However, Flow Builder, including Flow Builder 1.0 and Flow Builder Plus... 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 »

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 »

INTRODUCTION: T-Code FD32 is deprecated in the S/4 HANA system, but there are many BDCs written in old client systems. Now, UKMBP_CMS is the table that needs to be updated. Challenge: There is only one standard FM that does it... 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 cosigner on a transaction. In the event... Read More »

Hi all, I would like to share my learning gained from building reports in the Finance module and by doing so share a way to create Finance reports which supports dynamic reporting. I have stored data from S4/HANA to SAP DataSphere (formerly SAP Data... Read More »

Introduction: In SAP, when we book a Vendor/Customer invoice it is up to the business requirement that how business wants to calculate the Tax amount it can be either on the gross amount or the net invoice amount. For example in case of vendor... Read More »

In this blog we will discuss few areas to adjust the B/S during closing. Introduction Conditions for Adjustment Transactions Sorting Receivables and Payables Scenarios Conclusion 1.Introduction When companies prepare their financial statements,... Read More »