Financial Management Blogs by SAP

SAP Subscription Billing Onboarding Essentials

If you are a new SAP Subscription Billing customer or partner and are interested in learning more about how to get started with this cloud service, the SAP Onboarding Center is pleased to announce the release of new live Onboarding Webinar for this i...

Getting Started with Pricing Schemes in SAP Subscription Billing

Since the end of 2022, users of the Price Calculation service for SAP Subscription Billing can work with the apps of both applications in one integrated launchpad. This allows them to use pricing schemes more easily in their subscription-based busine...

Intrastat 101 - SAP S/4HANA for international trade and SAP GTS, edition for SAP HANA

What is Intrastat? Intrastat is a statistical reporting system used in the European Union (EU) to collect information on the movement of goods between EU member states. It is a means of monitoring and analyzing trade flows within the EU's singl...

Control Performance Plan with BAdi usage In SAP GRC Process Control

A control performance plan for a central control can be set up, then assigned to several organisations. If the control assignment permits local changes, you may also build or alter the control performance plan of a local control. The stages to build...

New Financial Accounting for Service Management in S/4HANA Cloud

Welcome to this blog about the new Financial Accounting solution for service management, which is available in S/4HANA public Cloud and - since release 2023 - also available in S/4HANA on premise and S/4HANA private cloud. This new Financial Accounti...

Moving to S/4HANA Revenue Accounting & Reporting from SAP ERP 6.0

Change is the name of game and world is ever evolving and so are accounting standards. One such accounting standard is IFRS15 or ASC606 which stipulated the 5-step rule for accounting and reporting for revenue recognition. IFRS 15 and ASC606 became ...

Simplified Business Events Management Screen in SAP Profitability and Performance Management Cloud

Hi everyone! If you have been using the On Premise version of SAP Profitability and Performance Management or is knowledgeable about the solution, then you might be familiar already to My Events application or screen wherein users can look at the err...

GRC Tuesdays: Announcing SAP’s plans for a next generation Governance, Risk, and Compliance Platform: SAP GRC edition for SAP HANA

Vishal Verma – Head of Solution Management, Risk, Compliance and Tax, and Jochen Thierer – Head of Development for Governance, Risk & Compliance at SAP announced today plans to roll out a next generation Governance, Risk, and Compliance platform, suc...

Good to know: Firefighter Session related changes from Access Control Service Pack 21

With the release of Service Pack 21, the Firefighter Logon Pad (transaction GRAC_EAM or /GRCPI/GRIA_EAM) slightly changed. Not just visually, but functionally as well. Among some restructuring, a new button is introduced labeled as Logoff. This butto...

SAP Success Factors connector Configuration in SAP GRC Access Control.

SAP SuccessFactors Employee Central is a cloud-based solution that pulls all employee data into a single platform. SAP GRC can be integrated with the SAP SuccessFactors system. The integration can be done in two ways. Integrating SAP SuccessFactor...

SAP S/4HANA for international trade vs SAP Global Trade Services

This blog provides guidance on when SAP S/4HANA for international trade is sufficient and when SAP Global Trade Services (GTS) is the right choice. Ultimately, it boils down to the functional requirements that need to be covered. SAP S/4HANA for int...

LPP – Último Preço de compra (Localização Brasil)

Último preço de compra é uma solução criada devido a uma exigência legal no Brasil, para empresas de varejo no processo de pedido de transferência de estoque. Neste cenário, o preço da última compra deve ser tomado como base para o cálculo do impost...

How to Make the Transition from SAP GTS 11.0 to SAP Global Trade Services, edition for SAP HANA 2023

With the introduction of SAP Global Trade Services, edition for SAP HANA 2023, co-deployment on top of SAP S/4HANA Private edition may be a viable option for some. This blog briefly discusses the four main transition scenarios from SAP GTS 11.0 to S...

Update about the maintenance timelines for current releases of SAP Business Planning and Consolidation, version for SAP BW/4HANA 2021

We would like to provide an update about the product version SAP Business Planning and Consolidation 2021, version for SAP BW/4HANA 2021. As we explained in our previous blog, our Planning products are following the maintenance strategy of the...

Revenue Accounting and Reporting (RAR) | Concept and Configuration

1. Introduction This blog starts by providing a brief understanding of IFRS (International Financial Reporting Standard) 15 - Revenue from Contracts with Customers and then lays down how SAPs RAR (Revenue Accounting and Reporting) solution helps in ...