Blog Category: SAP FICO

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Year End Activities In SAP FICO: An In-depth Analysis

Year end activities in SAP FICO is quite a complex process. These activities involve closing the fiscal year, reconciling accounts, and preparing financial statements. Now, it sounds quite complex and while you implement the process it becomes more complex. So you need to break down your work step by step. Key tasks include finalizing general […]

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SAP FICO Vs SAP HANA: Which Is Better

SAP FICO vs SAP HANA Which software is better for a student to learn? This is one of the debatable and confusing topics among the students. If you are also facing the same issue then this article can be a great solution for you. You need to understand the core differences between the two concepts […]

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Order To Cash Process In SAP: Ways To Optimize The Financial Flows

The order to cash process in SAP is one of the most critical business processes that helps to manage the lifecycle of the customer order. It helps you in order placement to payment collection as it involves complete sales and distribution models. A sales order is there to document the request of the customer that […]

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Procure To Pay Process In SAP: An Ultimate Guide

All the outdated procurement processes are quite complicated, inflexible, and inefficient. Still, most of the organizations make use of the procurement modules. The procure to pay process in SAP can make things easier for you in all possible ways. 80% of the organizations still make use of semi-digital tools that make use of the P2P […]

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SAP Supply Chain Modules:Essential Factors To Know About It

SAP Supply chain modules are one of the key factors that help in controlling production, planning, business, forecasting, or demand planning. SAP Supply chain modules can boost the scope of your demand management to make things work perfectly well in your way.    In today’s fast-paced world Supply Chain Management forms an essential part of business […]

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Vendor Reconciliation In SAP: Definition, Steps, Scenario, Advantages

Vendor reconciliation in SAP is a crucial form of financial record-keeping to keep the level of financial records intact. Thus, it ensures that true and fair data work in perfect order. When you reconcile all the vendor statements, applying the correct stock can make things work perfectly for you.  The application of the key touch […]

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