All successful organizations need to continuously improve operational efficiency and achieve faster closes. Using this book you'll learn how to maximize your SAP ERP Financials implementation by leveraging value-added activities and a process-driven approach. You'll find detailed, expert instruction on what needs to be done after an SAP ERP Financials implementation is complete - when the real work begins!Learn how to minimize time spent on burdensome reconciliation activities and focus on the strategic aspects. Plus, discover how to meet a variety of challenges, including enterprise structure definition, complex reporting requirements, and more. Using real-world examples and best practices, you'll also find out how to analyze and deploy the most appropriate tools and methodologies to best suit the needs of your organization.The business-process perspective and real-world focus make this a practical, invaluable resource for anyone who needs to get the very most out of their SAP ERP Financials implementation.

All successful organizations need to continuously improve operational efficiency and achieve better financial results. Using this book you'll learn how to maximize your SAP ERP Controlling implementation by leveraging value-added activities and a process-driven approach. You'll find detailed, expert instruction on what needs to be done after an SAP ERP Controlling implementation is complete — when the real work begins! Learn how to minimize the time spent on burdensome reconciliation activities so you can focus on the strategic aspects. Discover how to meet a variety of challenges, including enterprise structure definition, managing integrated processes and applications, complex reporting requirements, and more. Using real-world examples and best practices, you'll also find out how to analyze and deploy the most appropriate tools and methodologies to best suit the needs of your organization. The business-process perspective and real-world focus make this a practical, invaluable resource for finance professionals, implementation teams, consultants, and anyone who needs to get the very most out of SAP ERP Financials.

SAP is the world leader in Enterprise Resource Planning (ERP) software; of the software?s modules, the FI (Finance) and CO (Controlling) are by far the most popular and are widely implemented. This book has no competition?it is the only book on the market on how to configure and implement SAP?s FI and CO modules to maximize functionality and features hands-on, step-by-step instructions and real-world examples that provide immediate and practical solutions. Updated for SAP?s ECC 6.0, the book covers FI enterprise structure, general ledger, substitutions and validations, automatic account assignments, accounts payable and receivable, asset accounting, accrual engine, closing entries, credit management, lockbox, CO enterprise structure, profitability analysis (CO-PA), and more.

Business financials are an essential part of every business, large or small. Whether you just need basic accounting or you perform complex financial audits and reporting, your business needs a software tool that meets your needs. Discover SAP Financials explains how SAP can provide this solution. Using an easy-to-follow style filled with real-world examples, case studies, and practical tips and pointers, the book teaches the fundamental capabilities and uses of the core modules of SAP Financials. As part of the Discover SAP series, the book is written to help new users, decision makers considering SAP, and power users moving to the latest version learn everything they need to determine if SAP Financials is the right solution for your organization. This is the one comprehensive resource you need to get started with SAP Financials. Highlights: Teaches everything you need to know to determine if SAP Financials is the right choice for your organization Includes real-world examples, case studies, and practical tips and pointers Explains the fundamental capabilities of the cored Financials modules in SAP ERP

More than ever before, corporations must maintain sophisticated cash management systems that enable them to optimize both their investments and their daily cash "turns." SAP customers are particularly well-positioned to take advantage of the myriad cash management products offered in the SAP ERP Financials, Treasury and Risk Management, and FSCM components, but the real-world aspects of maximizing the existing solutions can be hard to understand, navigate, and implement without experienced, practical guidance. This book provides an overview of the functionality for all key cash management components, including best practices, real-world business scenarios, and key configuration and master data information. It explains how all the components can be integrated, and how both the individual components and the integrated solution can be maximized for optimal performance. Topics covered include SAP ERP Cash Management, Electronic Banking, Liquidity Planner, In-House Cash, Bank Communications Management, and integration with SAP ERP Financials and other components. The book is not meant to be a primer on each of the individual components, but an advanced guide to maximizing all the aspects of cash management available in SAP ERP.

Master the most important issues involved in designing and configuring an SAP ERP Financials implementation using this must-have reference. You'll find information on everything from the general areas of SAP ERP Financials and how they fit in the SAP landscape, to how the new SAP General Ledger can work for you. This book is an invaluable reference that covers the skills, tools, and knowledge you need for you to be able to understand and configure your SAP ERP Financials system. This new edition is updated for SAP ERP 6.0, Enhancement Package 4. Highlights: Enterprise Structure The General Ledger Integration Areas Accounts Payable Accounts Receivable Asset Accounting Controlling Reporting Data Migration Cash Journals Down Payments Substitutions and Validations in Asset Accounting Periodic Allocations Distributions and Assessments Foreign Currency Revaluation Year-End Closings

This book provides finance professionals with the data-gathering strategies, configuration steps, best practices, technical guidance, and case studies necessary for smoothly implementing or optimizing the check delivery and payment processes. Inside, you will learn the steps for payment configuration in SAP, how to design check and electronic payment strategies, and technical considerations for both printed checks and electronic payments. Gathering Information Understand the process of polling stakeholders to gather the information required for check and payment design and processing, and learn from a case study that includes key best practices. Check Printing Options Get an in-depth look at the myriad check printing options, including format, paper stock, security options, pre-printing, hardware, and more. Design Considerations Explore the options for state-of-the-art check, advice, and payment instrument design, including layout, security, multiple formats, signatures, and testing.Payment Configuration Master the payment configuration process in SAP via a case study that features real-life examples of working with Bank Master Data, payment media, clearing and automatic posting, variants, and global settings for ongoing payments. Automatic Payments Take away critical information on the key elements required for successful automated payment processes in SAP, including filtering, selecting, modifying, posting, and printing an automatic payment run.

You know that business financials are an essential part of every business, large or small, but do you how SAP ERP Financials can make it easier? From basic accounting and complex financial audits to reporting, SAP ERP Financials offers vast, diverse and customizable solutions. This title offers a very detailed, reader-friendly reference that will give you an in-depth overview of the key components of SAP ERP Financials. Perfect for new users, decision-makers, and power users, with this title you will learn how to improve your efficiency in key financial areas, including profitability analysis, financial supply chain management, cost-accounting, and more. Updated for SAP ERP 6.0, EhP 5 and 6 with an expanded focus on real world scenarios.

This book is written to teach financial consultants, IT managers, and integration consultants how value flows can be enhanced across an organization's entire finance and logistics chain. The book takes a process-oriented approach to the problems presented by non-integrated value flows in an organization and explains the solutions available in the SAP system. With this book you'll understand integrated value flows and learn about the important integration concepts, such as management of master data. You'll explore the central processes of purchasing, production, distribution accounting, and reporting, and you'll understand the impact of system settings and integration points as they relate to the overall process. Business fundamentals are discussed at the beginning of each main chapter. Best practices, common problems and possible solutions in SAP are also discussed, and special consideration is given in each chapter to the technical issues involved. The impact of system settings and integration points are discussed as they relate to the overall process. Specialized system settings are also explained.

Executives and end-users alike are part of a large user community looking for guidance and experience with the "established" SAP sub-components like Accounts Receivable. With the heightened focus on operating within the strictures of US GAAP and IFRS (International Financial Reporting Standards) and producing definable ROI from the implementation of ERP Financials, it's also more important than ever for organizations to leverage their AR implementations with other components and functionalities. This book provides implementation teams, executives, functional and technical teams, and end-users with a roadmap for the maximum utilization of the Accounts Receivable component. The book will teach the intended audience how to maximize the use and potential of the Accounts Receivable component and increase the ROI of the implementation. It will also help readers develop knowledge and strategies for enhancing the use of the AR component and integrating it with other SAP services and components.