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SAP Accounting powered by SAP HANA - Frequently Asked Questions

hdshot jsalmonI’ve spent the last six months working with the first accounting customers to validate and implement SAP Accounting powered by SAP HANA. I’ve talked with even more customers about the possibilities of the new solution. SAP Accounting powered by SAP HANA will be made generally available on 1st August 2014. In this blog, I’ll explain how the new solution differs from earlier software versions and discuss some of my learnings.

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Controlling 2014 Speaker Profile: Thomas Bauer

This week we are profiling Controlling 2014 speaker Thomas Bauer. Thomas is a managing partner and solution architect for planning solutions at biX Consulting in Germany, a BI consulting company he formed 5 years ago with former colleagues from SAP Germany.

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The Importance of Linking CRM Services and Financials

IMG 0463Understanding the financial impact of business transactions is critical in today’s competitive and regulatory environment.  Not understanding these impacts can lead to poor business process decisions and incorrect financial reporting.

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Controlling 2014 Speaker Profile: Kent Bettisworth, President & Executive Consultant at Bettisworth & Associates

Kent BettisworthThis week we are profiling Controlling 2014 speaker Kent Bettisworth, President & Executive Consultant of Bettisworth & Associates.

How did you get your start with SAP and SAP Controlling?

While working at Exxon in the early 1990’s we chose SAP as our ERP system.  At the time, I managed the accountants as well as the project and fixed asset systems for Exxon USA Downstream (shipping, marketing, refining, pipeline, HQ).  I was recruited for the project team to manage the implementation and migration from these project and asset disconnected systems to a single integrated system.  I left the project team, after a successful pilot in mid-1995 to start my own consulting company…the rest is history.

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Creating Functions in SAP Activity-Based Costing (ABC)

Although SAP provides many functions as part of the ABC environments, there are times when the logic that you want to use in the application of ABC overhead requires additional data.   There is a great deal of data that can be accessed using functions that read fields from tables or structures, and you can create this type of function without programming.

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Have you heard the buzz around SAP Simple Finance?

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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.

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SAP Group Costing and Valuation Tips

In addition to the calculation of standard costs at the company code level, SAP also includes functionality to calculate standard costs across the entire corporation.  These are referred to as group costs. Instead of using legal transfer prices, which is the basis for company code standard costs, group costing performs complete across company costing.

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Expert Guide to the Asset History Sheet Report Video Blog

Learn more about the Asset History Sheet Report in this video presentation with slides from Controlling 2013 presented by Thomas Michael, founder and CEO of the Michael Management Corporation.

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ERP in the 21st Century: How the technology boom is changing the face of SAP

b2ap3_thumbnail_Tracy-Levine-Headshot-2.jpgOur world is at an inflection point.

      • 5 billion people are becoming the middle class
      • There are more than 1 billion network users
      • There are approximately 15 billion web-enabled devices
      • Data is doubling every 18 months
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Controlling 2014 Speaker Profile: Michael Shoemaker

This week we are profiling Controlling 2014 speaker Michael Shoemaker. Michael is a principal consultant at Alta Via Consulting, where experts design, deploy and support SAP Controlling solutions in ECC, BW and HANA. 

How did you get your start with SAP and SAP Controlling?

My first experience with CO was when I worked for Raytheon Aircraft.  We implemented v4.5B with a big bang go-live of January 1, 2000.  I was a SME with 6 years of cost accounting experience and it was my first time on a big project.  It made me realize how much I enjoyed the IT world.  

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