Intra-day bank statements in SAP
When we say “Bank statement”, we most often mean the statement that bank provides to us (person or company) with a list of transactions from the past. These are the transactions that already happened on account. They affect available balance on account. They cannot be changed or back-dated. When talking about bank statement formats, these […]
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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 […]
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SAP Best Practice, Model Company, or story of A Dog and A Tail
There is no doubt that SAP accumulated a huge amount of experience in automation of business processes throughout the years. Some of these processes are easy to implement in SAP, others are not so. Many years ago, at least 20 or maybe more, SAP came up with an idea of “SAP Best Practice”, a set […]
Read MoreFirst SAP project
Some time ago SAP Expert asked you to share your memories about your first SAP Project. Let me now share two interesting responses. No names shared, of course! My first SAP project was an implementation of SD/MM and FI/CO at Remington Arms Company in Wilmington, Delaware from 1993-1995. I remember the debate about whether to […]
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. […]
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Dmitry Kaglik
December 4, 2018
SAP
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