Universal Journal in S/4HANA SAP S/4HANA introduced the concept of Universal Journal, bringing heterogeneous ledgers represented in legacy SAP ERP systems into a unified orientation of a single source of truth. Reconciliation efforts differ depending on business context and reporting purposes. This may result in inherent mistrust due to a lack of Financial Reporting and […]

Did you know that Material Ledger is mandatory in S/4HANA? Since SAP has extended ECC maintenance to 2027, take advantage of Material Ledger implementation as a stand-alone pre-project before your S/4HANA migration. Why implement Material Ledger now? Whether you are a CFO, controller, or manager, SAP Material Ledger provides you with accurate information allowing faster […]

SAP introduced S/4 in 2015, termed as Simplified 4th generation ERP Business Suite. This is a major milestone in SAP’s ERP product evolution from R/2, R/3, ECC to S/4.

Billing Document Request, a Factsheets-based Fiori app, was introduced to view billing data generated from the External Billing Document Request (EBDR).

Central Finance (FI-CF) is a S/4 HANA system facilitates connections to non-S/4 ERP systems and replicates transactional postings from these source systems.

This post is part of a series of GyanSys Solutions Lab's series titled SAP S/4 1709 Simplification Digest. While companies are getting ready for SAP S/4 Implementation, Migration Strategy is a critical decision that needs 360-degree analysis of the Legacy System Landscape, Business Processes, and System Integrations. GyanSys unlocked challenges and assisted clients with their […]

Over the years, those who worked in SAP General Ledger are very familiar with the two shortcomings of SAP GL in core Financials.

SAP released SAP Digital Payment Add-On for integrating SAP Applications for Digital Payments. This Add-On is part of FSCM functional area and available as “Cloud Application” (SAP-FSCM-HCP-DP)

All Business Process such as Sales Order, Invoice, Journal Entry, COPA Direct posting and Plan values, derive COPA Segment based on a unique combination of characteristic values.