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 MoreUsing GnuCash as a Freelancer to Track Finances and Prepare Taxes
GnuCash makes it easy to keep track of your money and it creates reports that will make your accountant happy. I don’t own a credit card (by choice), so keeping a close eye on my finances is really important, but I think whether or not you have a credit card, it’s a good idea 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
October 1, 2018
SAP
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