This blog aims to guide the SAP Recommendation for assigning Corporate Accounting Principles to the Ledgers for SAP S/4HANA Cloud, public edition (Public Cloud), explain each scenario, the future impacts if the recommendation is not followed, and whe...
Every day new users start to use SAP S/4HANA Cloud. Sometimes when is your first approach to the system can be a little bit confusing in how to use some apps in Finance, for example, Create Supplier Invoice, Close Periods, Manage Posting Periods, and...
One of the most common requirements is the segregation of responsibilities in the Finance department: who can Post Journal Entries (JE)? Who can Submit JE? Who can Verify to accept or reject the JE?
SAP S/4HANA Cloud provides you a standard solution...
Hi vishaldev85,According to the information displayed in the error message, you cannot create a g/l account group with the following characters:Also, it is important to correctly restrict the groups by ranges on the columns From acct. and To Acct. Th...
Hi Adam, when you leave the non-leading ledger blank, it means that the ledger will have assigned the local accounting. This configuration should be completed in the next step at the company code level.I am adding an example with US GAAP.The company ...
Hi AjitDNSCurrently, That functionality is unavailable for Accounts Receivables in SAP S/4HANA Cloud Public Edition.The Maximum summarization only provides the functionality for Accounts payables. The solution for Accounts Receivables is not on the S...
Hi Adam,It is not possible to activate ledgers for a specific company code.Local accounting will always be the system's default activation, and you can add IFRS or US GAAP in the initial scoping.I invite you to read more information about how to defi...
Hi Yusuke,The Post General Journal Entries app can create your manual documents SA and SC.The restrictions for this app are:- You cannot use a G/L Account with open items- You cannot use a G/L Accounts of Fixed Assets- You cannot use a G/L Accounts o...