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.

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

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.

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.

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.

The first and only book to offer detailed explanations of SAP ERP sales and distribution As the only book to provide in-depth configuration of the Sales and Distribution (SD) module in the latest version of SAP ERP, this valuable resource presents you with step-by-step instruction, conceptual explanations, and plenty of examples. If you're an SD consultant or are in charge of managing an SAP implementation in your enterprise, you'll want this valuable resource at your side SAP is one of the leading Enterprise Resource Planning (ERP) software products on the market, with over 40,000 implementations Covers the latest version of SAP ERP-ECC 6.0 Covers common through advanced configurations, so it's helpful no matter what your level of experience with SAP Explains the conceptual framework behind the configuration process If your company uses the SD module, keep this indispensable guide on hand.

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.

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

Whether you're upgrading an existing billing system or moving to a subscription- or consumption-based model, SAP BRIM is ready--and here's is your guide! From subscription order management and charging to invoicing and contract accounting, get step-by-step instructions for each piece of the billing puzzle. For setup, execution, or analytics, follow a continuous case study through each billing process. With this book, join the future of billing! a. End-to-End Billing Learn the what and the why of SAP BRIM, and then master the how! Charging, invoicing, contract accounts receivable and payable, and subscription order management--see how to streamline billing with the SAP BRIM solutions. b. Configuration and Functionality Set up and use SAP BRIM tools: Subscription Order Management, SAP Convergent Charging, SAP Convergent Invoicing, FI-CA, and more. Implement them individually or as part of an integrated landscape. c. SAP BRIM in Action Meet Martex Corp., a fictional telecommunications case study and your guide through the SAP BRIM suite. Follow its path to subscription-based billing and learn from billing industry best practices! 1) SAP Billing and Revenue Innovation Management 2) Subscription order management 3) SAP Convergent Charging 4) SAP Convergent Invoicing 5) Contracts accounting (FI-CA) 6) SAP Convergent Mediation 7) Reporting and analytics 8) Implementation 9) Project management