Ever since SAP released S/4HSAP Cloud, they've been continually revamping the finance solution to deliver real change and transformation to their customers. For those that have been implementing the OnPremise solution (or Private Cloud), a lot of those changes have not yet matriculated down to them. But with S/4HANA OP...
Change in S/4HANA Fixed Asset Reporting and Deactivated Assets
Ever since R/3 SAP has not included deactivated assets in its standard asset reports... and for good reason! But now in S/4HANA they've made a significant change to enable asset reporting regardless if the asset is active or not. If you work with the Asset Balance report in SAP, you'll...
Hidden Parameter in Asset Change Documents Report
SAP revamped their reports many years ago to be ALV compliant. For the Asset Change Documents report (AR15), this was a nice improvement but there is an option in configuration that controls how it is displayed... and it's not in the Asset Accounting IMG. Read more to find out how...
SAP and Leasing (Part 3): What Options do SAP Customers Have?
Last blog in the series covering SAP's options for leasing.
Handling US Tax Depreciation in SAP (Part 7): Tax Forms 4562 & 4797
Can SAP support specific US IRS Tax Forms such as 4562 and 4797? Yes, and no.
Group Assets: What is SAP Doing in S/4HANA?
If you have to deal with UOP depreciation and SAP Group Asset functionality, you'll want to read this to see what SAP is cooking up.
Group Assets: What are They?
Ever wondered what exactly a group asset was and how it's different from a regular asset?
How to Copy/Insert a New Depreciation Area Into Existing Assets With RAFABNEW (Part 2)
After reviewing the merits and situations of adding new depreciation areas into a live system in the previous blog, this one will go through the nuts-and-bolts of executing the transaction. It's demo time!
How to Copy/Insert a New Depreciation Area Into Existing Assets With RAFABNEW (Part 1)
Are all of your depreciation areas correct? Do you trust them to provide the right values (asking the tax group specifically!!!)? Are you implementing a new ledger in the GL? Is this an archiving project? Based on how you answer each of those questions it may be necessary to create...
How to Reconcile Fixed Assets to the G/L (Part 4)
The final blog in a series about how to identify, research, and ensure that the fixed asset subledger always ties to the GL.