ERPfixers Blog Series
ERPfixers
Using Predictive Accounting in S/4HANA Finance

Predictive accounting enables you to take the most up-to-date data from areas in S/4HANA outside of Finance, such as Sales; other integrated products, such as SAP Concur; or external systems, and use it to predict future results at any time. You then have a better understanding of what your accounting results, at the end of the current period or quarter, might look like, and why. 

Using the postings in the prediction ledger, along with the actual data from the underlying ledger, you can predict future figures, such as the revenue forecast for one product. It is also possible for you to see a report of all line items for one product. You can display and analyze the data in detail but also at a higher level, for example, in a financial statement. Since all postings, such as expenses or revenues, both actual and predicted, are stored in one place, the universal journal, you can drill down from your profit and loss statement or your balance sheet to the individual journal entries in the general ledger and display the corresponding line items.

Using Predictive Accounting in S/4HANA Finance
ERPfixers Blog Series
ERPfixers
The Impact of AI on SAP Analytics: Enhancing ...

Artificial intelligence (AI) is rapidly reshaping how businesses operate and gain insights from their data. Within the world of SAP analytics, AI is a toolbox of technologies that enable faster, smarter, and more predictive decision-making. From streamlining operations to personalizing customer experiences, SAP Business AI unlocks the hidden potential within your organization's vast data stores.

The Impact of AI on SAP Analytics: Enhancing Insights and Decision-Making in SAP Analytics
Webcast
ERPfixers
The Top Trends in Management Accounting

Ultimately costing principles, such as the causality principle, must be converted into practical practices with supporting tools. This webcast will examine how cost modeling has evolved over the last century. This webcast will describe the trends and obstacles that have helped or delayed developments. These evolving areas and trends include: 

ERPfixers Blog Series
Dr. Ravi Surya
Scoping Your SAP S/4HANA Public Cloud Solution

The Digital Discovery Assessment (DDA) is used in the sales cycle to assess a customer's requirements and match them with the best SAP S/4HANA Cloud solution to fit their needs. This occurs in the Discover phase of the SAP Activate Methodology.

Scoping Your SAP S/4HANA Public Cloud Solution
ERPfixers Blog Series
Dr. Ravi Surya
Conducting Fit-to-Standard Workshop with Cloud ...

To make an SAP S/4HANA Cloud implementation successful, we need to move away from the traditional "Fit-Gap" on-premise mindset to the Fit-to-Standard Cloud mindset. The purpose of the Fit-to-Standard Analysis workshops is to confirm the scope identified in the Digital Discovery Assessment and gather configuration and customization requirements. To do this, implementation consultants demonstrate the SAP S/4HANA Cloud business processes to customer experts from each line of business.

Conducting Fit-to-Standard Workshop with Cloud Mindset – Mindset Shift to Cloud

MR11 – Maintaining the GR/IR Clearing Account

Right after a new implementation, everybody is concentrating on getting the invoicing right, and paying suppliers etc. and they tend to assume that the GR/IR is taking care of itself. Generally, if everything matches, it does, the problem is that not everybody understands that the quantity must match exactly to clear the GR/IR account. A typical problem where the invoices are posted manually, could be users struggling to post fractions correctly, for example where using the standard goods receipt process for a service. Another problem, where invoices and credit notes are posted via an interface, is not being able to distinguish between a price and quantity difference and using e.g. a credit memo to post all corrections.

Ask a Fixer: What Is On the BI Landscape with BW, SAP HANA and SAP S/4HANA Analytics?

The Business Information (BI) module is one of the most dynamically changing areas, both within the SAP world and externally. This is partially due to the increased need for real-time business metrics on multiple devices, the rise in mergers and acquisitions, and the evolution of SAP HANA-only systems, which opens up an array of possibilities.

Attend this live Q&A with two of ERPfixers' BI and SAP HANA experts, Dmitry Kuznetsov and Mani Chinnaiah, where you can ask your most pressing questions such as:

Is there a future for classic BW?
When is best to use BW and when S/4HANA Modelling?
What is the up-side of S/4HANA Analytics over native HANA Modelling?
How to "build history" in HANA
Does it save time to implement HANA-based Data Warehouse?
Is HANA Live fading away?
What team-training is advised in the BI area?
How is predictive analytics integrated in SAP?
How is the Internet of Things (IoT) handled in HANA Cloud Platform?

Q&A: Demystifying the GR/IR Process

The Goods Receipt / Invoice Receipt (GR/IR) account is normally the most challenging account to manage. This is partly because of the number of transactions that are posted to it, and also because of numerous factors that could lead to its discrepancy.

Review the Q&A by Oona Flanagan, FICO Consultant and author of the SAP Press E-Bite “Invoice Verification with SAP: Payment Blocks in GR/IR Accounts”, where you can ask your most pressing questions such as:

- In transaction MIRO (post invoice) should I use a credit memo or a subsequent credit to post a credit note from the vendor?
- What is “Goods Receipt Based Invoice Verification” and when should I use it?
- What is the best way to post a “receipt” for a service?
- Why does my GR/IR account have a balance on it for a particular purchase order when the amount of the related invoices seems to be correct?
- When should I use Transactions MRBR to release an invoice and MR11 to write off a balance?

Using ABAP Coding In SAP Standard Query

It is hard to find an easy explanation about ABAP coding in standard queries . In some casesyou can’t easily attach additional information to a field in a Query or you need to call and ABAP function module to do an specific calculation, then adding coding to a local field may be a suitable solution.  To demonstrate this we are going to make a standard query with one table using ABAP Coding on it, instead of creating an infoset with three tables  inner join) as usual.

Q&A: Find Out About the New Functionality Available with SAP S/4HANA Finance

FIND OUT ABOUT THE NEW FUNCTIONALITY AVAILABLE WITH SAP S/4HANA FINANCE

We’ve all heard the buzz around SAP S/4HANA Finance. But what are the practical benefits that you can achieve from its new functionalities? Attend this live Q&A with SAP Mentor and Trainer, Ajay Maheshwari, where you can ask your most pressing questions such as:

- What is the Universal Journal?
- What are the new Tables available with S/4 HANA Finance?
- What is the impact of S/4 HANA Finance functionality on period closing?
- What is New Asset Accounting, and how is it different from the traditional Fixed Assets module?
- Is New GL migration necessary for SFIN, for the customers still on Classic GL?
- How different is Simple Finance from S/4 HANA Finance?
- What is Central Finance?

How to Enter Text In ABAP Via Editor With FM TERM_CONTROL_EDIT

Sometimes, users needs to enter some text directly (decisions, explanations, comments), for example, during the running of a module pool program. There is an easy way where the user can perform this action. Via MF TERM_CONTROL_EDIT. This MF shows a POP-UP with a text editor screen that is very simple and where the user can enter texts or perform the action of importing/exporting files.

External Debugging from EP (Enterprise Portal) and SRM Portal in SRM System

When we encounter errors/issues in an SRM document (like POs, shopping cart and SRM/EP related SAP objects), then we usually login to the SRM or EP portal to access these corresponding document. In order to analyze further - we also have to check the SRM system to crosscheck if the issue is with any custom code put into the BADI’s (Business AddIns).
To debug this scenario we would have to perform certain set of activity that is causing the error like ordering the PO etc. in the portal login which then calls the SRM system where the actual processing is done. To achieve this we will be using the external debugging option that SAP has provided. (In other words, we can say that to find the RCA we have to debug the SRM/EP objects in their corresponding landscape and that require few settings as explained below).

XBP - External Interface For Background Processing

XBP - stands for External Interface for Background Processing. It is used to enable external entity/system to schedule, start and monitor jobs inside SAP. In XBP, we have many RFC enabled function modules (provided by SAP) which can help external systems to control various background activities in job (like create, modify, delete, start, terminate, monitor etc. inside SAP).

Ask a Fixer: Find Out About the New Functionality Available with SAP S/4HANA Finance

Ask a Fixer is a live ASUG-hosted Q&A session with one of ERPfixers’ top-rated SAP experts (“Fixers”) in a specific module or topic. In this real-time discussion session, you have the opportunity to pose your specific questions to a Fixer, who will provide an immediate answer during the forum. This is a great way to get quick answers to your pressing issues, as well as learn from questions posted by other users during the forum. And it is exclusive to ASUG members only!

How To Show a Standard Cost Component on a Single Level

We use report S_P99_41000111 for displaying cost components for multiple materials. However we are looking for the cost component costs incurred on the material itself, and not from the lower level materials. For example, we have a finished product with a cost component called Freight. The value in this cost component is $20. However, $15 of this freight came from the source material in a different plant. We therefore only want $5 to show in this report.