Author: MonikaPatel mps4hana.com

SAP S/4HANA Finance Consultant by Profession and a Blogger by Passion mps4hana.com monikapatel2020.wordpress.com

Understanding Product Costing: FG, SFG, and Overheads Simplified

In Valuation variant can there be one costing-sheet for FG and SFG and one for Material components maintained for each plant ? Short answer: ✅ YES — and this is actually a recommended best practiceYou can have: One costing sheet for FG & SFGAnother costing sheet for material components (RM / PM / semi inputs)Assigned … Continue reading Understanding Product Costing: FG, SFG, and Overheads Simplified

UPA and Transfer Price

How does UPA interact with transfer price and impact on COGM and COGS ChatGPT said: Excellent follow-up 👍 — this goes right to the heart of Universal Parallel Accounting (UPA): how it interacts with Transfer Pricing (TP) and how that impacts COGM (Cost of Goods Manufactured) and COGS (Cost of Goods Sold). 🔑 1. Transfer … Continue reading UPA and Transfer Price

How UPA impacts Product-Costing, Group Valuation, Transfer Price?

🔑 1. What is Universal Parallel Accounting (UPA)? UPA harmonizes valuation approaches (legal, group, profit-center) in one Universal Journal (ACDOCA). No separate ledgers (like old profit center ledger 8A) → all valuations live in ACDOCA with different valuation views. Parallel valuations are handled consistently across FI, CO, ML, and Asset Accounting. More Details here : … Continue reading How UPA impacts Product-Costing, Group Valuation, Transfer Price?

Sales Order Costing – Part 3 : config-Checklist

a step-by-step configuration checklist (blueprint) for Sales Order Costing in SAP. This sequence ensures you don’t miss dependencies and can move smoothly from CO setup → SD integration → execution. 🔹 Sales Order Costing Configuration Checklist Step 1: Define Costing Variants (Planned & Actual) T-code: OKKN SPRO Path:Controlling → Product Cost Controlling → Product Cost … Continue reading Sales Order Costing – Part 3 : config-Checklist

Sales Order Costing – Part2 : Configuration

setting up Sales Order Costing in SAP requires both Controlling (CO-PC, CO-PA) and SD integration. Below, I’ll list the SPRO Nodes / T-codes you need to configure so that Sales Order Costing (Product Cost by Sales Order) works smoothly. 🔹 Configuration Steps for Sales Order Costing 1. Activate Product Cost by Sales Order SPRO Path:Controlling … Continue reading Sales Order Costing – Part2 : Configuration

Sales Order Costing – Part1

SAP Sales Order Costing, which is a concept used in Sales Order Management + Controlling (CO) in SAP, primarily relevant when you’re dealing with make-to-order (MTO) or engineer-to-order (ETO) production scenarios. Let me break it down for you: 🔹 What is Sales Order Costing in SAP? Sales Order Costing is a cost management and profitability … Continue reading Sales Order Costing – Part1

How SAP S/4HANA Transfer pricing configuration works with SAP PaPM Operational Transfer Pricing?

Excellent question, 🙌 — this is where SAP S/4HANA Transfer Pricing (via UPA) meets SAP Profitability and Performance Management (PaPM) to deliver Operational Transfer Pricing (OTP). Let’s break it down clearly: 🔑 1. Transfer Pricing in S/4HANA (with UPA) In S/4HANA UPA, Transfer Pricing Variants (TPV) allow you to configure: Cost-Plus (Manufacturing markup) Sales-Minus (Commercial … Continue reading How SAP S/4HANA Transfer pricing configuration works with SAP PaPM Operational Transfer Pricing?

Cost-Plus (Manufacturing), Sales-Minus (Commercial) Transfer Pricing Set-up in ECC Vs S/4HANA UPA

Part-1 : What is Universal Parallel Accounting (UPA) Part-2 : ECC (Parallel Valuation) Vs S/4HANA Parallel Valuation with UPA Part-3 : ECC Configuration Part-4 In this Blog, we have a look at a step-by-step IMG configuration flow, which will make it much easier to see where Cost-Plus (Manufacturing) and Sales-Minus (Commercial) Transfer Pricing are set … Continue reading Cost-Plus (Manufacturing), Sales-Minus (Commercial) Transfer Pricing Set-up in ECC Vs S/4HANA UPA

ECC Transfer Pricing Vs S/4HANA UPA Comparison

Part-1 on SAP S/4HANA Universal Parallel Accounting (UPA) In this blog, we look at side-by-side comparison table, with emphasis on how cost-plus (manufacturing markup) and sales-minus (commercial margin) scenarios are configured AreaECC Transfer Pricing (Classical ERP)S/4HANA UPA (2022+)Data ModelSeparate ledgers/tables: • Legal view in FI/CO • Group valuation in Material Ledger (ML) • Profit Center … Continue reading ECC Transfer Pricing Vs S/4HANA UPA Comparison

SAP configuration in Classical ECC Transfer pricing

Let’s go step by step. In Classical ECC (ERP 6.0, before UPA in S/4HANA), Transfer Pricing (parallel valuation) was already available, but the setup was complex and restricted. We essentially had to configure parallel valuations in CO and activate the Material Ledger (ML) to get it fully working. 🔑 1. Core Concept in ECC In … Continue reading SAP configuration in Classical ECC Transfer pricing

Internal Order vs Project WBS- Part5

Statistical Internal Order Vs Statistical Project WBS : Part1, Part2, Part3, Part4 Drawing a parallel between Statistical Internal Orders (IOs) and how the same concept applies in Work Breakdown Structures (WBS elements) in SAP Project System (PS) is the reason for this blog. Here’s the comparison and how to use them: 🔹 Background Statistical Internal … Continue reading Internal Order vs Project WBS- Part5

Licensing and Costs of DAR in SAP S/4HANA Explained

In SAP S/4HANA, DAR stands for Document and Reporting Compliance (Advanced Reporting) — but in the AI/ML & Finance context that we have been discussing (Inventory Provision, Classification), DAR usually refers to “Data Attribute Recommendation”. 🔹 DAR = Data Attribute Recommendation It is an SAP AI Business Service that helps automate and improve master data … Continue reading Licensing and Costs of DAR in SAP S/4HANA Explained

Predictive MRP (pMRP) in SAP S/4HANA for simulating Supply/Demand Scenarios : Useful in Inventory-Provision

Definition Predictive Material Requirements Planning (pMRP) is a simulation tool in SAP S/4HANA (introduced in 1909 release, enhanced in later versions) that helps planners simulate future supply and demand situations without impacting live production data. It’s not a replacement of classic MRP Live (MD01N), but rather a strategic, scenario-based planning tool. 🔑 Key Features Simulation-Based … Continue reading Predictive MRP (pMRP) in SAP S/4HANA for simulating Supply/Demand Scenarios : Useful in Inventory-Provision

SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML , with TCODES and FIORI Apps – Part 3

Let's map the AI features (explained in Part1 and Part2) into a ready-to-use “Inventory Provision Process Flow” in S/4HANA showing exact FIORI Apps and transactions for each AI Step Here’s a proposed ready-to-use AI-enabled Inventory Provision Process Flow for SAP S/4HANA 2023, with exact Fiori apps / backend transactions mapped for each stage. Let's structure … Continue reading SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML , with TCODES and FIORI Apps – Part 3

Internal Orders Vs Project System WBS – Part4

Concluding the series here's Part 4/4 where we look at (side-by-side) TCODES for Internal-Orders (IO) and Project-System -WBS. For link to previous Parts : Part-1, Part-2, Part-3 When shifting users from Internal Orders (IO) to Project System WBS, it helps a lot to provide a side-by-side mapping of T-codes/Fiori apps. Here’s a comparison table: Internal … Continue reading Internal Orders Vs Project System WBS – Part4

Internal Orders or Project-WBS ? – Part3

Here's link to PART1 https://mps4hana.com/2025/08/21/internal-order-or-project-wbs-part1/  where we looked at SAP NOTE and recommendation regarding usage of Project-WBS and Internal-Orders Link to PART2 : in which we looked at High-level Migration approach for clients using IO in Legacy-ECC and switching to Project-WBS in S/4HANA https://mps4hana.com/2025/08/21/internal-orders-or-project-wbs/ Now in part3 let's explore the practical challenges that needs to be … Continue reading Internal Orders or Project-WBS ? – Part3

SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 2

What AI Functionality is available in SAP S/4HANA for Inventory provision In SAP S/4HANA (2023 release) there isn’t a single packaged feature called “Inventory Provision with AI”, but there are multiple embedded Machine Learning and Business AI capabilities that can be configured to support or automate the inventory provision process (i.e., creating provisions for slow-moving, … Continue reading SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 2

Internal Orders or Project-WBS ? – Part2

Here's link to PART1 https://mps4hana.com/2025/08/21/internal-order-or-project-wbs-part1/ And now let's look at High-level plan and activities for a scenario /situation : where we require migration steps from Legacy (SAP ECC) to New system (SAP S/4HANA) in which Client was using Internal Orders in ECC and going-forward Client used Project-WBS, instead of Internal Order. This scenario is common … Continue reading Internal Orders or Project-WBS ? – Part2

Internal Order or Project WBS- Part1

Many Clients Teams who are implementing / migrating to SAP S/4HANA, ask this Key Question : Should we continue using Internal-Order or adopt Light-Project-WBS ? Executive Summary : Type of Internal OrderDescriptionRecommendation / Impact in S/4HANASimple Account AssignmentsUsed as default account assignment (e.g., OKB9) or credit object in costing sheet; also includes statistical IOs.No change … Continue reading Internal Order or Project WBS- Part1

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SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 1

AI in SAP S/4HANA (2023 & Beyond) 1. SAP S/4HANA Cloud Private Edition 2023 FPS 03 Key AI/automation enhancements in finance and operations include: AI-Assisted Journal Uploads: Generative AI validates and classifies journal entries, reducing manual effort and improving accuracy. Predictive Labor Demand Planning: Uses AI to forecast labor needs for warehouse processes, boosting productivity … Continue reading SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 1

SAP Country/Region CODES and IDs

List of Country/Region Codes and IDs can be used to create values associated with a country/region Country/Region NameCountry/Region CodeSAP S/4HANA Country/Region IDActual Costing Legal-Mandate (ToBeUpdated)AfghanistanAF9BAland IslandsAX9FAlbaniaAL86AlgeriaDZ71American Minor Outlying IslandsUMF4American SamoaAS9EAmerican Virgin IslandsVIF7AndorraAD9AAngolaAO76AnguillaAIG2AntarcticaAQ9DAntigua and BarbudaAG9CArgentinaAR31ArmeniaAM8XArubaAW6OAustraliaAU30AustriaAT39AzerbaijanAZ9GBahamasBS7YBahrainBH7GBangladeshBD7ZBarbadosBB9HBelarusBY80BelgiumBE25BelizeBZ6JBeninBJ8ABermudaBM8EBhutanBT9JBoliviaBO99Bonaire, Sint Eustatius and SabaBQ6QBosnia and HerzegovinaBA7FBotswanaBW7NBouvet IslandsBV9KBrazilBR14YesBritish Indian Ocean TerritoryIOA8British Virgin IslandsVG8GBrunei DarussalamBN8SBulgariaBG38Burkina FasoBF7UBurundiBI8JCabo VerdeCV9PCambodiaKH7XCameroonCM96CanadaCA29Cayman IslandsKY6MCentral African RepublicCF9MChadTD8YChileCL46ChinaCN13Christmas IslandCX9QCocos (Keeling) IslandsCC9LColombiaCO48YesComorosKMB1CongoCG7TCook … Continue reading SAP Country/Region CODES and IDs

SAP S/4HANA 2023 – SAP LINKS

SAP S/4HANA 2023 Product Link : SAP S/4HANA | SAP Help Portal Release Information NOTE : 3307222 - SAP S/4HANA 2023: Release Information Note Release Restriction NOTE : 3348949 - SAP S/4HANA 2023: Restriction note SAP Best Practices for SAP S/4HANA : For S/4HANA 2023 Country US Product Assistance : S/4HANA 2023 English What's NEW … Continue reading SAP S/4HANA 2023 – SAP LINKS

Universal Parallel Accounting (UPA)

What is Universal Parallel Accounting  Universal Parallel Accounting available for On-Premise and Private Cloud since SAP S/4HANA release 2022 Universal Parallel accounting or UPA is a new finance architecture for handling multiple accounting valuations and currencies in parallel. Not only does UPA introduce various functionalities on its own, but it also serves as the foundation for many … Continue reading Universal Parallel Accounting (UPA)

Digital Transformation : SAP SIGNAVIO

SAP and Signavio SAP: SAP (Systems, Applications, and Products in Data Processing) is a multinational software corporation that provides enterprise software solutions for managing business operations and customer relations. SAP is widely known for its ERP (Enterprise Resource Planning) software, which integrates various business processes and functions. Signavio: Signavio is/was a Berlin business process automation … Continue reading Digital Transformation : SAP SIGNAVIO

Digital Transformation : Tools for Business Process Re-engineering (BPR)

Various tools are available to support different aspects of Business Process Reengineering (BPR), from analysis and design to implementation and monitoring. Here are some common types of tools used in the BPR process: Process Modeling Tools: Microsoft Visio: A popular diagramming tool for creating flowcharts, process maps, and business process models. Lucidchart: An online platform … Continue reading Digital Transformation : Tools for Business Process Re-engineering (BPR)

Digital Transformation : Optimizing, Redefining & Redesigning THE Business Process : Business Process Re-Engineering (BPR)

Business Process Reengineering (BPR) is a management approach that focuses on redesigning and restructuring business processes to achieve significant improvements in critical areas such as cost, quality, service, and speed. BPR emerged in the early 1990s as a response to the need for organizations to adapt to changing business environments and leverage emerging technologies. Key … Continue reading Digital Transformation : Optimizing, Redefining & Redesigning THE Business Process : Business Process Re-Engineering (BPR)

SAP S/4HANA : AI Scenarios

Hi, As focus and maturity of AI based solution is increasing, I here with share the AI Scenarios in each line of business in SAP S/4HANA. The Realtime-Insights as available in each line-of-business (LOB) is underlined The AI Scenarios in each line-of-business is highlighted in yellow. The blogs-series will cover a few AI Scenarios (listed below) … Continue reading SAP S/4HANA : AI Scenarios

SAP Intelligent Clinical Supply Management (SAP ICSM)

SAP ICSM SAP Intelligent Clinical Supply Management utilizes the capabilities of SAP S/4HANA software in conjunction with the SAP Business Technology Platform (BTP) to automate and optimize the clinical trial supply process. It also elevates the transparency of clinical supplies on a global scale. This sophisticated solution effectively tackles the requirements of blinding and randomization … Continue reading SAP Intelligent Clinical Supply Management (SAP ICSM)

SAP PaPM Vs COPA Margin-Analysis Vs SAP PCM

What is SAP PaPM ? SAP PaPM refers to "SAP Profitability and Performance Management." This is a solution provided by SAP, a German multinational software corporation, known for its enterprise software solutions. SAP PaPM is designed to help organizations analyze and optimize their profitability and performance. It allows businesses to gain insights into their financial … Continue reading SAP PaPM Vs COPA Margin-Analysis Vs SAP PCM

Alteryx Designer & Alteryx Intelligence Suite

Please note that developments or modifications may have occurred since last-update, so it is recommended to verify the most recent information from official channels. Alteryx is well-known for its data preparation and analytics capabilities, offering a platform that empowers users to blend, clean, and analyze data without extensive coding requirements. While Alteryx does include some … Continue reading Alteryx Designer & Alteryx Intelligence Suite

Market Leaders in Machine Learning (ML) space

Note : This blog is NOT an attempt to explain the ML platforms. This content will provide a good foundation to start on the Topic and then one deep-dive to gather more details and insights about each market leader. If you are looking for the considerations and/or parameters for choosing between SAP and dedicated platforms, … Continue reading Market Leaders in Machine Learning (ML) space

4) Robotic Processing Automation : FREE Tools & SAP iRPA

In January 2022, there were several free Robotic Process Automation (RPA) tools available in the market. Please note that the landscape of free software tools can change, so it's always a good idea to check the latest information. Here are a few free RPA tools that were popular: UiPath Community Edition: UiPath offers a community … Continue reading 4) Robotic Processing Automation : FREE Tools & SAP iRPA

LEARNING RPA

Learning Robotic Process Automation (RPA) involves understanding the basic concepts, tools, and technologies associated with automating repetitive tasks and processes. Here's a step-by-step guide to help you learn RPA: 1. Understand the Basics: Familiarize yourself with the fundamental concepts of RPA, including what it is, how it works, and its benefits in business processes. Learn … Continue reading LEARNING RPA

Different Types of RPA

Robotic Process Automation (RPA) can be categorized into different types based on the complexity of the tasks being automated, the level of human intervention, and the scope of automation. Here are the main types of RPA:1. Attended RPA:Description: Attended RPA involves robots working alongside human employees to enhance their productivity. These bots operate on employees' … Continue reading Different Types of RPA

Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML)

My Point of View & Executive Summary : Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML) are related technologies, but they serve different purposes and have distinct characteristics. Understanding the "place & usage" of these technologies Artificial Intelligence is Futuristic (self-learning, evolving), closest to Human Intelligence and real-time Interactions. Widely used in … Continue reading Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML)

Generative AI usecase in intercompany transaction

Generative AI can be applied in SAP Business processes to optimize intercompany transactions, which involve financial exchanges between different entities within the same parent company. Automating and improving intercompany transactions is crucial for maintaining accuracy, efficiency, and compliance. Here's how generative AI can be used in this context: Use Case: Optimizing Intercompany Transactions with Generative … Continue reading Generative AI usecase in intercompany transaction

Implementing Intelligent Inventory Management Solutions

Implementing intelligent inventory management solutions typically involves a combination of software, hardware, and technologies to leverage the power of data analytics, machine learning, and automation. Here's a breakdown of the types of products and technologies that are often required for intelligent inventory management: 1. Enterprise Resource Planning (ERP) System: Example: SAP S/4HANA, Oracle ERP Cloud, … Continue reading Implementing Intelligent Inventory Management Solutions

SAP S/4HANA intelligent Inventory Management

S/4HANA integrates machine learning algorithms to enable intelligent inventory management. ML algorithms can predict demand patterns, optimize reorder points, and automate inventory replenishment processes based on historical data and real-time market conditions. Here's how S/4HANA integrates machine learning algorithms into inventory management, with specific examples: 1. Demand Pattern Prediction: Example: S/4HANA can analyze historical sales … Continue reading SAP S/4HANA intelligent Inventory Management

Machine Learning in SAP Financial

Integrating Machine Learning (ML) into SAP Financial Accounting can revolutionize the way businesses handle financial data, make decisions, and ensure compliance. Here are several ways ML can be applied in SAP Financial Accounting: **1. Automated Invoice Processing: Invoice Data Extraction: ML algorithms can be used to automatically extract data from invoices, such as invoice numbers, … Continue reading Machine Learning in SAP Financial

Artificial Intelligence (AI), Machine Learning(ML) & Business Benefits of ML in SAP S/4HANA Inventory Management

Hi, Starting a new series : Machine Learning in S/4HANA. This is first of the Blogs. Hope you enjoy the learning as much as I intend to do from the learning. So let's start with the basics : What is AI? What is Machine Learning? Artificial Intelligence (AI) & Machine Learning (ML) Artificial Intelligence (AI) … Continue reading Artificial Intelligence (AI), Machine Learning(ML) & Business Benefits of ML in SAP S/4HANA Inventory Management

BSEG And ACDOCA

The Key points to remember BSEG will hold information for OPEN Items ACDOCA usage is for Accounting Principle Controlling Documents - CO Internal Postings Document Splitting For Ledger specific SINGLE SOURCE OF TRUTH : It contains fields such that no recon/separate Sub-ledger required : Asset, Material Ledger, Controlling, Profitability Analysis, GL ACODCA : Single Source … Continue reading BSEG And ACDOCA

SAP AFC Innovations as on April 2022

SAP Advanced Financial close Version 2022 of the product has some much required and useful features. The full listing can be found in "What's new" pdf from SAP Website https://help.sap.com/docs/AFC SAP S/4HANA Cloud for advanced financial closing (AFC) first version was launched on December 16th, 2020Features available as on 2021 --> Key / few features shared … Continue reading SAP AFC Innovations as on April 2022

POV_SAP S/4HANA Advanced Financial Close (AFC)

What is SAP S/4HANA Cloud for Advanced Financial Close (AFC) ? SAP S/4HANA Cloud for advanced financial closing (AFC) is SAP's go-to strategic solution for entity close management and orchestration - supporting the planning, execution, monitoring and analysis of period-end closing tasks for all entities of a corporation. Prior to SAP S/4HANA Cloud for Adcanced … Continue reading POV_SAP S/4HANA Advanced Financial Close (AFC)

Profit-Center Accounting in S/4HANA

2425255 - Profit Center Accounting in the universal journal in SAP S/4HANA, on-premise edition Classical Profit-Center Accounting Vs S/4HANA Profit-Center Accounting You want to know how Profit Center Accounting (PCA) is mapped in the context of SAP S/4HANA and to what extent classic Profit Center Accounting can be used in parallel with SAP S/4HANA. How long … Continue reading Profit-Center Accounting in S/4HANA

P2P Accounting-Entries

Purchase Cycle (PO till Invoice) ·  ME21N : Create PO : No Accounting-entry Freight Condition, change Vendor# for Freight ·  MIGO : Goods Received, (Movement-type +101) 89 13600000 Inv. Trading FG +ve Debit96 21120000 GR/IR -ve Credit50 21730000 Freight-Clearing 0ve Credit ·  MIRO : 2 Invoices against Single PO 1. Goods/Services Invoice2. Planned Delivery Cost … Continue reading P2P Accounting-Entries

Accounts Payables (AP) Process-TCODES

MM-FI Accounts Payable ME21N Create Purchase-OrderMIGO Receive goods against POMIRO Enter Incoming-Invoice MIR7 Park Incoming Vendor-Invoice MR8M Cancel Incoming-Invoice MIR6 : Invoice Overview (MIR6)MRRL : Evaluated Receipt Settlement (MRRL)MRNB : Revaluation (MRNB)MRIS : Invoicing Plan (MRIS) Invoice Verification in the Background (RMBABG00)In the status message, EDI invoices also receive the accounting document number Standard Document-type … Continue reading Accounts Payables (AP) Process-TCODES

BSEG & ACDOCA… Fields

ACDOCA is not made out of BSEG, BSEG is still a proper table and it stores entry view line items of the accounting document. FAGLFLXA (Along with BSIS, BSAS, BSID, BSAD, BSAK, BSIK, Asset tables, CO Tables and ML tables) and FAGLFLEXT gets migrated to ACDOCA and ACDOCT respectively. Main Finance tables in S/4 HANA … Continue reading BSEG & ACDOCA… Fields

SAP S/4HANA 2020

Today 7th October 2020, SAP released it's version S/4HANA 2020 On-Premise Digital Core The key highlights of the S/4HANA 2020 in space of Finance are summarized below : Simplified Bank Relationship Management process reducing the use of general ledger (G/L) accounts as bank accounts by simplifying bank relationship-management processes. Using the same sets of bank reconciliation … Continue reading SAP S/4HANA 2020

Mixed-Costing (a)Within-a-PLANT (b) Across-Plant/Comp.Code

SAP mixed costing --> to cost a material using multiple alternative methods, e.g. when you manufacture a material with different internal processes,  then specify these through separate production versions. When we execute a cost estimate the system calculates the cost for each production version then calculates an average unit cost using weighting factors. When we … Continue reading Mixed-Costing (a)Within-a-PLANT (b) Across-Plant/Comp.Code

Product-Costing User-Exit

Develop Enhancements for Material Costing The following SAP enhancements are available for the area Cost Estimate with Quantity Structure: Costing Reports (SAPLXCKA)Costing Production Resources and Tools (COPCP003)Material Valuation with Cross-Company Costing (COPCP001)Costing Bulk Materials (COPCP004)Valuation Price for Materials from User Exit (COPCP005) Let's have a look at User-Exits for Costing-Reports: SAPLXCKA 1. Costing Reports: SAPLXCKA … Continue reading Product-Costing User-Exit

S4BP – Chart of Account : YCOA

S/4HANA Best Practice - Today let's look at SAP S/4HANA Best Practice, Chart of Account , YCOA Chart of accounts is a list of G/L accounts. G/L account master data contains the data for the General Ledger to determine the function of the account. G/L account master records control the posting of accounting transactions to … Continue reading S4BP – Chart of Account : YCOA

For Existing SAP Customers : Possible Options to address Retrospective effect for Group Chart of Accounts

Situation : customer who have about 4-5 company codes, all of which have different charts-of-accounts assigned. Therefore they cannot report across company (as they are in different CO Areas – because the chart isn’t the same in all company codes) & the systems are already live. Final Objective : Put a group chart in to … Continue reading For Existing SAP Customers : Possible Options to address Retrospective effect for Group Chart of Accounts