Open item clearing is one of the conceptual things in SAP Finance. In layman’s terms, clearing is matching of items on two sides of the account, for example invoice and payment. However, there are also options to match (clear) items on a General Ledger (GL) account, for example for GR/IR account or bank clearing account. […]
Read MoreThere are hundreds and thousands of different objects in SAP. I have written recently about how you can track changes in SAP objects like GL accounts, Cost Centres and so on. You may also be interested in reading about tracking changes in bespoke SAP objects. Unfortunately, not all these objects create change documents to track amendments. […]
Read MoreI have written recently about the differences between the American Sales Tax system and the VAT-based system. At first sight, the US seems to have very simple taxation: you only need to report to the tax authorities if you sell to an end-user or consume the goods yourself. But still US taxation is considered as […]
Read MoreSAP is an enterprise resource planning solution for small, medium, and large businesses. The solution assists in providing support for sales, customer relationships, operations, financial and human resources, and inventory. SAP has over 80,000 customers which includes large companies such as IBM and Microsoft. There are plenty of reasons that companies decide to implement SAP, […]
Read MoreRecently I’ve made some researches for a good ERP software, open source of course, and so I want to share some of the product I’ve found while doing this small search. As first thing a definition for ERP: Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization—embracing finance/accounting, manufacturing, sales […]
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Dmitry Kaglik
July 29, 2013
SAP
1 Comment