Effective financial management is essential for businesses looking to achieve sustainable growth and success in the fast-paced commercial environment of today. SAP Financials is a powerful tool that helps companies improve visibility, automate financial operations, and make well-informed decisions. However,…
In the SAP S/4HANA Project System, billing a project is made easy through sales functions linked to Work Breakdown Structure (WBS) elements. Two key billing processes are explained: Milestone Billing and Resource-Related Billing. 1. Milestone Billing: In the SAP S/4HANA…
In SAP S/4HANA, materials, and activities are treated similarly, especially in the actual costing cockpit. Today, let’s focus on activity consumption analysis, the equivalent of material price analysis. 1. CKM3A: 2. Price Determination View: 3. Total Allocation: 4. Consumption: 5….
Deploying SAP S/4HANA is a game-changer, and sticking to some golden rules can make the journey smoother. SAP Activate, the methodology guiding this transition, highlighted, a ‘cloud mindset’ or keeping the core clean. Here’s a simplified breakdown of the five…
16 minutes and 23 seconds – please lend me your time and watch this two years old video by The Economist if you have not already done so. Today is quite apt for rediscovering this gem as most #OECD countries…
Recently we had the privilege to attend Financial Times Live event on #circulareconomy and #zeroplastic#pollution. It was an excellent discussion which included distinguished speakers including Neville Hawcock, Walmir Soller, Erin Simon (WWF), Victor Dewulf. Here are some of the important…
Feeling inspired by Financial Times Moral Money Summit 2023 as it was great to see so many people getting together who are all in their own way and in some cases collectively making #esginvestment #greenbonds #biodiversityconservation #transperancy #environment #sustainablefinance #blendedfinance…
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