What is actually new in New FEBAN?
SAP Expert has a very popular article already about the Bank Statement Process in SAP. That article is based on the “old” SAP transaction for post-processing of bank statements: FEBAN. In fact, FEBAN was already the second generation of such transaction, first of which was the single-screen FEBA. The difference between FEBA and FEBAN is […]
Read MoreAutomatic period closing in SAP Finance
Period closing is a process that involves many steps in different SAP modules. Even if we take SAP Finance (FI) alone, period closing activities include various steps in GL, AP, AR, Assets and other submodules. To ensure the period closing is complete and reports are finalized, users maintain a table with periods open for postings. […]
Read MoreHow to get a SAP job?
SAP (System Applications Products) is one of the most trending fields of information technology in twenty-first century, and people who are currently working in SAP could tell you about the perks of the job and job opportunity for future, once you are a certified specialist. SAP holds many different job requirements and invites equally […]
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Quick introduction to SAP Bank Communication Manager
SAP Bank Communication Manager (BCM) is one of the components of SAP Financial Supply Chain Management (FSCM) module. The responsibility of BCM, as it follows from its name, is in the management of relationships with the bank. Let’s have a look at the processes that BCM supports. We will not look into details of the […]
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Introduction to SAP BSM
Bank statement is the document that tells the bank account holder the status of the bank account balance along with the list of incoming and outgoing payment transactions. When the statement is received, it should be entered into SAP system to reconcile bank accounting and general ledger, mark payments as processed, invoices as paid and […]
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Dmitry Kaglik
October 1, 2018
SAP
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