SAP HANA Video Blog
This video blog features Vijay Vijayasankar of IBM, courtesy of Jon Reed of Diginomica and provides a case-study of how SAP HANA provides real-time AR, AP, and inventory data.
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This video blog features Vijay Vijayasankar of IBM, courtesy of Jon Reed of Diginomica and provides a case-study of how SAP HANA provides real-time AR, AP, and inventory data.
One of the major tasks for functional SAP professionals is configuration. You configure SAP to perform properly based on business requirements during the realization phase. On your first SAP project, it can be overwhelming to know where to start when configuring a module.
New users have traditionally struggled to understand the way SAP separates Financial Accounting and Management Accounting where most legacy systems see the two as one. While it’s easy enough to understand how a payroll account flows from the profit and loss statement into cost center accounting because the account information stays the same, the situation becomes more challenging as a revenue account flows into profitability analysis and is transformed into a value field, or a cost of goods sold account becomes multiple value fields depending on the cost components involved. In its latest product release, SAP is bringing the two worlds closer together.
New users have traditionally struggled to understand the way SAP separates Financial Accounting and Management Accounting where most legacy systems see the two as one. While it’s easy enough to understand how a payroll account flows from the profit and loss statement into cost center accounting because the account information stays the same, the situation becomes more challenging as a revenue account flows into profitability analysis and is transformed into a value field, or a cost of goods sold account becomes multiple value fields depending on the cost components involved. In its latest product release, SAP is bringing the two worlds closer together.
New users have traditionally struggled to understand the way SAP separates Financial Accounting and Management Accounting where most legacy systems see the two as one. While it’s easy enough to understand how a payroll account flows from the profit and loss statement into cost center accounting because the account information stays the same, the situation becomes more challenging as a revenue account flows into profitability analysis and is transformed into a value field, or a cost of goods sold account becomes multiple value fields depending on the cost components involved. In its latest product release, SAP is bringing the two worlds closer together.
Writing an effective S/4HANA business case is both a science and an art. As a business and digital transformation specialist, this continues to be my most important takeaway.
The science part is relatively easy to handle. SAP provides you with tools and you probably have your own that you devise and use such as metrics and KPIs which assist you determine the quantitative aspects of what you want out of S/4HANA.
Art is the more difficult aspect since no two customers are alike. You can't use a one size fits all approach. I approach each business case discussion with a minimum set of success factors or criteria. Here are a few of the key components:
Get an updated approach to cost center, project and internal order planning in SAP in this video presentation with slides from SAP Controlling 2013 by Janet Salmon, Chief Product Owner for SAP Management Accounting
Did you hear the buzz around SAP Simple Finance at Sapphire? See what SAP Controlling experts have to say about the developments and learn more about SAP Simple Finance and SAP Accounting powered by SAP HANA sessions at Controlling 2014.
On July 11, 2013 Janet Salmon, Chief Product Owner for Management Accounting at SAP AG, delivered a webinar to the SAP Controlling Community on “SAP HANA and SAP Controlling – New Opportunities and New Challenges.”