"SAP Foreign Currency Revaluation-regulations, its impact, and whatit takes to implement it in SAP-is a single handbook thatsimplifies a complex and daunting task of currency valuation forSAP and other ERP implementers. A must-read!" -Kalpesh Khandhadia, SAP Consultant, Linksoft-IT Inc. "Following the process presented in this book, we eliminated thehours we spent each month manually reviewing and adjusting ourglobal currency financial statements. Thank you Susanne Finke, formaking this complicated topic understandable!" -Ron Roberts, Process Lead, Financial Systems, Hollister Inc. "It's great to see all the foreign currency information captured inone place and spelled out so clearly. Great job!" -Nadean L. Moore, SAP FI Consultant, Moore Consulting "This SAP Foreign Currency Revaluation book . . . covers thenecessary SAP tables and transactions for revaluation and providesexcellent examples of the SAP entries. A well-written book." -Dave Paz, SAP Consultant, DLP Consulting LLC With essential information on the proper rules and regulationsneeded to comply with FAS 52, SAP Foreign Currency Revaluation: FAS52 and GAAP Requirements is a valuable reference for controllers,CFOs, IT and accounting managers, and SAP consultants who areinvolved in FAS 52 compliance projects, regardless of whether theircompanies are using SAP, Oracle, PeopleSoft, or proprietarysoftware. Its detailed coverage of statutory requirements, business executionof currency revaluation in SAP, and SAP configuration walks readersthrough: * The U.S. accounting statutory requirements, net income,organizational, and financial consolidation impacts * An overview of currency revaluation with discussion of stocktransfer and tax implications * FAS 52 requirements for currency exchange rates andtranslation * Corporate standards for G/L indicators that are impacted bycurrency revaluation * Three methods available to execute currency revaluation and theirdifferences * One of the newer ways the SAP R/3 software provides users toexecute currency revaluation * The SAP configuration to implement currency revaluation * Setting up custom variants to view the critical fields used inthe currency revaluation

Unlock the potential of the Material Ledger in SAP S/4HANA with this comprehensive guide. Move beyond the basics and get the step-by-step instructions you need to configure and run actual costing, group valuation, profit center valuation, and more. Consult detailed screenshots and expert guidance as you dive deep into the major processes, specialized scenarios, and reporting and analytics. Master the Material Ledger from end to end! In this book, you'll learn about: a. Configuration Set up your Material Ledger processes, step by step. From account determination to parallel currencies to transfer pricing, understand how to configure your SAP S/4HANA system to suit your business. b. Key Functionality See the Material Ledger in action! Learn how to perform actual costing runs, use transfer pricing with group valuation and profit center valuation, complete balance sheet valuation, and more. c. Reporting Unpack your Material Ledger data. Discover your reporting tools: SAP Fiori apps, CDS views, and more. Then see how actual costing, parallel valuation, and inventory trend analytics can help you understand material value flows. Highlights include: 1) Actual costing 2) Parallel currencies 3) Group valuation 4) Profit center valuation 5) Parallel cost of goods manufactured 6) Balance sheet valuation 7) Peripheral applications 8) Reporting 9) Migration

Preparing consolidated financial statements for an enterprise with a parent and one or more subsidiaries requires a detailed review of underlying transactions in order to properly reflect results and financial position. For large, integrated, and multinational organizations, likely with millions of transactions, it is imperative that the financial accounting software facilitate this process. This expertly written guide focuses on leveraging SAP S/4HANA Finance for group reporting. Explore key functionality and how the universal journal has led to the evolution of the group reporting solution. Using a detailed case study, the author discusses configuration and master data and walks the reader through the period-end process for consolidation and explores reports using financial transactions that have already been entered into SAP S/4HANA Finance for group reporting. Explore reports delivered with SAP S/4HANA Finance for group reporting. This book is targeted at both finance professionals and the functional consultants who perform the configuration and execution of processes for preparing consolidated financial statements. By using practical examples, tips, and screenshots, this book covers:

- SAP S/4HANA Finance for group reporting and the universal journal
- Configuration and master data
- Period-end process for consolidation
- Reporting and analysis

Real-time financial information helps the organization to take important decisions. SAP FICO is a complete financial management ERP solution that integrates the accounting side of business. Most SAP consultants find difficult how and what part of the business process they should bring under SAP FICO. This e-book can actually act as a demo for them, where they will learn to integrate the important business module into SAP FICO. This e-book is intentionally prepared small to keep it simple and straight to the point. The book did not miss on any of the SAP FICO topics like Accounts Payable, Accounts Receivables, Bank Accounting, General Ledger, Asset Accounting, and so on. The book has given a practical example and explained them step by step. The example teaches you each SAP FICO module in detail including how their transaction code works. Not only SAP consultant but any beginners will be benefited with this book. Where company demands experienced SAP consultant to handle their finance, this book could be a first handon experience for SAP aspirant. This e-book has also given a referral to some basic accounting concept and terminologies to help beginners. Where online training or courses charges you the hefty amount for teaching you the same, and no guaranteed returns. This book can help you to reduce that cost. This e-book is an ultimate guide to learn SAP FICO. Table Content Chapter 1: Organizational Structure 1. Create Financial Statement Version 2. How to perform a Journal Entry Posting Chapter 2: General Ledger 1. Fiscal Year Variant 2. Assign Company Code To Fiscal Year Variant 3. Define Posting Period Variant 4. Opening And Closing Posting Periods 5. Define Field Status Variant And Field Status Group 6. Assign Field Status Variant To Company Code 7. Document Type And Number Ranges 8. Post With Reference 9. Hold Document 10. Park Document Chapter 3: Accounts Receivable 1. Create a Customer Master Data 2. Change Customer Documents 3. How to Display Changes in Customer Master 4. How to Block or Delete a Customer 5. Create Customer Account Group 6. One Time Customer 7. How to post a Sales Invoice 8. Document Reversal 9. Sales Returns – Credit Memo 10. How to Post Incoming Payment 11. How to post a Foreign Currency Invoice 12. Incoming Partial Payments By Residual Method 13. Incoming Partial Payments By Partial Payment Method 14. How to Reset AR Cleared Items 15. Credit Control for the Customer Chapter 4: Accounts Payable 1. How to Create a Vendor 2. How to Create a Vendor Account Group 3. How to Display Changes in Vendor Master 4. How to Block or Delete a Vendor 5. Create Vendor Master Data 6. One Time Vendor 7. Purchase Invoice Posting 8. Purchases Returns – Credit Memo 9. Outgoing Payments 10. Foreign Currency Vendor Invoice 11. How to Post Withholding Tax During Vendor Invoice Posting 12. How to Post Withholding Tax During Payment Posting 13. Outgoing Partial Payments By Residual Method 14. Outgoing Partial Payments By Partial Payment Method 15. Reset AP Cleared Items 16. Automatic Payment Run 17. How to Map Symbolic Account to G/L Account 18. Posting Rounding Differences Chapter 5: Important Stuff 1. Important Reports in SAP FI 2. Month End Closing – Foreign Currency Revaluation 3. Dunning 4. How to Maintain Exchange Rates 5. Accounts Receivable and Accounts Payable Correspondences in SAP Chapter 6: Cost Center 1. Create Cost Center 2. Post to a Cost Center 3. All About internal Order 4. Settlement Of Internal Orders To Cost Centers 5. Profit Center 6. Postings To Profit Center 7. Profit Center Standard Hierarchy 8. Assignment of Cost Centers To Profit Center 9. Assignment of Materials To Profit Center

SAP ERP modules are notoriously hard to configure and use effectively without a lot of practice and experience. But as SAP ERP Financial Accounting and Controlling: Configuration and Use Management shows, it doesn't have to be so difficult. The book takes a systematic approach that leads SAP Financial Accounting and Controlling (FICO) users step by step through configuring and using all the program’s facets. This approach makes configuration complexities manageable. The book’s author—SAP expert, trainer, and accountant Andrew Okungbowa—ensures that both you and your end users are up and running quickly and confidently with FICO. He also provides sound and tested procedures that ensure your implementation works without error. SAP ERP Financial Accounting and Controlling: Configuration and Use Management is in fact the most comprehensive and easy-to-follow SAP FICO configuration book in the market. It incorporates a hands-on approach, with hundreds of screen shots and practical examples, that allows a person without prior configuration training to make SAP FICO ready for use in the enterprise. You’ll find that you don’t need to be a rocket scientist to grasp the concepts explained and apply them to your work—even when the finances are complicated, such as with the ins and outs of taxes, currency conversions, or special general ledger entries such as down payments or bills of exchange. Providing an in-depth coverage of both configuration and end user procedures, the book covers most aspects of the SAP FICO certification syllabus—SAP’s view of the module’s key tasks and procedures—including: Configuring and using the general ledger and accounts payable and receivable screens Configuring and completing closing procedures, asset accounting, and financial reporting Configuring global settings and enterprise variables Accounting for both profit and cost centers Creating a house bank Integrating FICO with other SAP modules Taking a jargon-free tone and providing an abundance of examples, Andrew Okungbowa provides a clear understanding of configuration techniques and the breadth of functionalities encompassed by SAP FICO. And as an accountant, Okungbowa understands the needs of end users as well as of those answering to the CIO.

Most organizations receive so many supplier invoices daily that it becomes too difficult to manage without automation to verify that the invoices are correct and can be paid. This book gives you an in-depth look at how invoice verification works in SAP S4/HANA. Explore how different posting types are made, and how to monitor and make corrections when there is no exact three-way match between the purchasing document, the goods or services receipt, and the invoice. Learn how to review blocked invoices so that suppliers can be paid, as well as ensure that the general ledger accurately reflects what has been received, invoiced, and what should be accrued. Explore opportunities for streamlining your invoice verification process. Take a closer look at new functionality available with SAP S/4HANA and Fiori, as well as how some processes have been simplified. Walk through the invoice verification stages using Fiori and other apps. By using practical examples, tips, and screenshots, the author brings readers quickly up to speed on invoice verification and the GR/IR in SAP S/4HANA. - Invoice verification process in SAP S/4HANA - Tools for GR/IR reconciliation - Configuration settings that affect the invoice verification process - Period end processes and reporting

Mastering SAP Finance: 100 Essential Questions and Answers Are you tired of the countless sleepless nights spent wrestling with the complexities of SAP Finance? Do you often find yourself in the throes of financial turmoil, desperately seeking answers to the myriad questions that plague your SAP endeavors? The pain of uncertainty and agitation ends here! Introducing "Mastering SAP Finance: 100 Essential Questions and Answers," your ultimate guide to conquering the SAP Finance world. Why Should You Choose "Mastering SAP Finance"? 🔥 Pain Relief 🔥 Are you constantly grappling with SAP Finance issues, feeling overwhelmed by the endless problems it presents? This ebook is your ticket to immediate pain relief. We understand the frustration you face, and that's why we've carefully curated the 100 most pressing questions you're likely to encounter in your SAP Finance journey. Say goodbye to sleepless nights and endless frustration. 🌪️ Agitation Alleviation 🌪️ SAP Finance can be a relentless source of agitation. The constant uncertainty and the fear of making costly mistakes can be paralyzing. With "Mastering SAP Finance," you'll have a trusted companion by your side. Each question is paired with a clear, concise answer, designed to put your worries to rest. Say farewell to confusion and anxiety. 💡 Solutions at Your Fingertips 💡 This ebook isn't just about identifying problems – it's about solving them. Our team of SAP Finance experts has meticulously crafted practical, actionable solutions to accompany each question. You'll not only gain a deep understanding of SAP Finance but also acquire the skills and knowledge to excel in your SAP projects. Achieve your financial goals with confidence. Benefits of Owning "Mastering SAP Finance" ✅ Gain a comprehensive understanding of SAP Finance. ✅ Boost your confidence in SAP Finance projects. ✅ Save time by having answers at your fingertips. ✅ Reduce costly mistakes and setbacks. ✅ Unlock your potential for career growth. ✅ Enjoy peace of mind in your SAP Finance endeavors. Your Path to SAP Excellence Starts Here! Don't let the pain and agitation of SAP Finance hold you back any longer. Take control of your SAP journey with "Mastering SAP Finance: 100 Essential Questions and Answers." Your success is just a click away. 🚀 Take Action Now! 🚀 Click the "Buy Now" button and embark on a transformational journey to SAP Finance mastery. Your future self will thank you for the investment in knowledge and confidence.

This up-to-date quick reference guides the reader through the most popular SAP module (myERP Financial 6.0). It thoroughly covers all of the sub modules of ERP Financials, including, FICO, FSCM, New GL functionality, SAP integration points, and Report Painter. Unlike other books that only provide questions and answers for certification preparation, this book covers both configurations and end user transactions for validating the implementation methods. A companion CD-ROM with FICO templates, short cuts, and color figures is included. Features: * Includes both configurations and end-user transactions for validation * Uses a quick-reference style for finding information quickly * Covers the latest account configurations for New GL * Includes a CD-ROM with FICO templates, short cuts, and color figures.

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.