AP – Vendor-Invoice

Accounts Payables : Invoice thru MM-FI (MIRO)PTP (Procure to Pay - against a Purchase Order)Direct ProcurementFinance - Invoice (FB60)Indirect ProcurementMIRO : if you have open PO and system needs to post the Invoices to close the status of POs - MIROif you wanted to generate inventory then you have to follow the PTP process and … Continue reading AP – Vendor-Invoice

Statistical WBS & Real WBS

What is Statistical Posting & REAL Posting in Controlling ? The posting in CO could be either actual or statistical. If you choose to post on 2 or more different cost objects, posting on one object will be real and and on all others - statistical. In most standard reports, you can see whether the figures mentioned … Continue reading Statistical WBS & Real WBS

Cost & Revenue on Project-WBS

Cost- Incurred during expense. In normal scenario we book this on cost centre. For booking it in wbs we have to enter wbs instead of cost centre. This field is available in all FI Posting T codes(Subject to field status variant config) beside cost centre. Similar is the case in revenue. Here we enter profit … Continue reading Cost & Revenue on Project-WBS

BPAY & SAP A/R

What is BPAY BPAY is an electronic bill payment system in Australia which enables payments to be made through a financial institution’s online, mobile or telephone banking facility to organizations which are registered BPAY billers. https://en.wikipedia.org/wiki/BPAY   BPAY Process (End-to-End)   BPAY Process : Process-Steps Explained : BPAY Biller (Your Organization) Register for BPAY Feature thru their Bank BPAY Biller … Continue reading BPAY & SAP A/R

Credit Management in S/4HANA vs FSCM Credit Management

https://blogs.sap.com/2018/06/07/credit-management-in-s4hana-vs-fscm-credit-management/ I look forward to hear about your experience in working in s/4HANA Credit Management. Sharing below a comparison of the solution, as per SAP Documents   The need of Credit Worthiness of the Customer, Credit Assessment and the Challenges in managing Credit • Inconsistency in credit policy: No single source of truth and the information is … Continue reading Credit Management in S/4HANA vs FSCM Credit Management