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Related Resources - Financial Closing

Articles
by Harsh Mathur, Senior Consultant, Infosys Limited
Financials Expert - Volume 11 (2012), Update 4


Learn key adjustments that are required to make capital asset management compliant with International Financial Reporting Standards (IFRS). See the changes you need to make in SAP ERP Central Component (SAP ECC) 6.0 while transitioning from US Generally Accepted Accounting Principles (GAAP).
by Birgit Starmanns, Senior Director, SAP Marketing, EPM and Finance Solutions
Financials Expert - Volume 11 (2012), Update 2


After an organization completes the financial close, the final step is to disclose the results to various stakeholders, including regulatory agencies, financial analysts and investors, and corporate executives. Learn how SAP BusinessObjects Disclosure Management can automate the process of managing the production, publication, and filing of financial statements and regulatory disclosures, including eXtensible Business Reporting Language (XBRL) submissions.
by Gary Byrne, Managing Editor, Financials Expert and GRC Expert
Financials Expert - Volume 11 (2012), Update 2


Revaluation of fixed assets is a common business event. Maybe your organization is going through a merger or acquisition, or maybe you are involved in a year-end fixed asset revaluation? Whatever the case may be, you want to make sure that you are following best practices for a fixed asset revaluation.
by Ashim A. Nanda, Senior Consultant, IBM Global Business Services
Financials Expert - Volume 10 (2011), Update 8


The rules for allocating the site support costs to the production and quality cost centers need to be revisited multiple times during the year owing to many changes in production floor operations. Learn how to use tracing factor automation to reduce the amount of time necessary for cost allocation.
by Anshul Jain, Senior Associate, PwC
Financials Expert - Volume 10 (2011), Update 8


Learn how to split intercompany elimination differences using SAP Enterprise Controlling Consolidation System (EC-CS) and thus accelerate the closing process.
by John Jordan, ERP Corp
Financials Expert - Volume 9 (2010), Update 9


Posting to accounting periods can be restricted by company code, account type, general ledger account, and user. The open and close accounting periods screen can be simplified if you are not using authorization groups to restrict previous period postings to specific users and do not need to open special periods.
by Rajan D. Karki, Senior FI/CO Consultant, Quality Systems & Software
Financials Expert - Volume 9 (2010), Update 8


Explore the use of selection variables provided by SAP Financial Closing cockpit. If used correctly in the closing process, selection variables reduce the steps of maintaining the variants in various programs and thus help speed up the closing task. For example, if a business has 100 company codes and wants to schedule the depreciation run for all company codes, it has to either create 100 different variants or create one variant and change the value in the variant for an individual run. Using SAP Financial Closing cockpit, you can create one variant and selection variables then automatically update key parameters in any program based on the closing hierarchy and the key date of the task list in the closing template.
by Janet Salmon, Solution Manager, SAP AG
Financials Expert - Volume 9 (2010), Update 6


If you have been looking at the latest business functions in SAP ERP, you may have come across the term simplified reporting, but have little idea what the new business function offers. Simplified reporting represents an easy way to modernize the reporting experience for your users in all areas of core SAP ERP Financials using your existing SAP ERP license. It also paves the way for the use of SAP BusinessObjects tools such as Crystal Reports by providing a consistent way to access the data in your SAP ERP tables.
by Davin Wilfrid
Project Expert - Volume 3 (2010), Update 3


SAP North America CFO Mark White shares advice and success stories for attendees at the Financials 2010 and GRC 2010 events, sponsored by SAP and Wellesley Information Services.
by Lawrence Chung, FI/CO Consultant
Financials Expert - Volume 9 (2010), Update 3


Use results analysis to automatically calculate reserves for installation and warranty based on the costs planned for the relevant work breakdown structure elements.
Books

Explore the entire financial close process from fin

Understand business processes, functions, and configuration options

Understand and implement strategies for optimizing financials reporting capabilities

This book provides Manufacturing Finance Managers, finance team members, implementation project managers, and...

White Papers

In this IDC White Paper, we discuss some of the key trends taking place in the enterprise mobility landscape today, such as consumerization of IT, the mobile application explosion, and cloud computing.

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This SAP-SAPinsider conference session, recorded at PLM 2013 in Las Vegas, steps through real-world examples from SAP® customers who have instituted standard enterprise project and portfolio management

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Whatever your business’s goal — whether it is delivering exceptional customer experiences, optimizing the supply chain, improving procurement processes, growing talent, maximizing operating capital,

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Now more than ever, the speed with which corporations can make financial decisions has a direct impact on bottom-line profits. However, several factors can hinder the ability to make these kinds of

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In this whitepaper, Forrester shares the insights of over 60 companies, vendors, and mobile experts. Learn how mobility is the manifestation of a shift to new systems of engagement, and why the first

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Today, companies face a unique challenge: how to embrace the mobility paradigm for competitive advantage while still advancing the robust capabilities of their trusted enterprise systems. CIOs are

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For many companies, securing their SAP® system was long regarded merely as a synonym for Segregation of Duties (SoD) controls. While this is an imperative in securing SAP platforms, there are additional

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This SAP-SAPinsider conference session, recorded at Admin & Infrastructure 2013 in Las Vegas, examines critical areas to address for delivering responsive, secure and highly available SAP applications

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A new report presents the results of a market research survey of 500+ SAP® customers commissioned by Worksoft Inc., and performed by an independent third party to study the state of test automation

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How confident are you in the risk management systems your organization uses to ensure safe and reliable operations? Lack of a systematic, effective approach to controlling safety, health and environmental

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Multimedia
This course provides updated SAP® BI/BW reporting material to complement our existing BW Reporting product...
This course provides updated SAP R/3 material to complement our existing R/3 reporting product and was designed...
Watch the most popular sessions from the 2009 conference -- more than 42 HOURS! You'll learn optimization...
This course provides updated strategies, best practices, and comprehensive education for APO, demand planning,...
This course provides 13+ hours of expert advice to build, customize, generate, format, and distribute financial...
Blogs
By Steve Sprague on April 26, 2013
There have been a number of requests coming in to cover the basics for Brazil Nota Fiscal Inbound.  Remember, that the validation of all inbound supplier Nota Fiscals is mandatory. Many companies More...
By Steve Sprague on April 25, 2013
There is a definite trend for companies using SAP to move away from managing in house software solutions because of the maintenance difficulties imposed by the changing legislation in Brazil More...
By Allison on April 1, 2013
As conference producer for the BPC Seminar, I’m pleased to announce the rollout of our 2013 program, which will be running in Washington DC in June, Copenhagen in October, and again in Orlando i More...
By James Abbott on March 18, 2013
Hi, My name James Abbott and I manage the G/L and the close and consilidations at Microsoft.  I am hoping to connect with others that manage the same process. Let me know if you are interested a More...
By PaulOvigele on March 15, 2013
By now, everyone knows about the New GL, which is now called the “SAP General Ledger”. By the way, who else finds the term “SAP General Ledger” confusing, since this term could More...
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