Author: David Schenz

Invoices with 3-Way Match in SAP MM-LIV (Part 2)

In part one of our three part series, we explored the business process and it’s execution in SAP for three way match. In this second part, we’ll work through one way of managing variances for logistics invoices. There are two core approaches that can be used for managing variances. In this article, we’ll use the […]

Invoices with 3-Way Match in SAP MM-LIV (Part 1)

One challenge often faced in accounts payable is how to handle variances in the three way match when posting invoices. SAP has a very robust process for ensuring that invoices are matched against the PO and GR. In this three part series, first, we’ll review the business process and how SAP enables it. Second, we’ll […]

The dangerous transaction: SE16

I was once asked an astute question in an interview about transaction SE16: “David, how do you feel about giving end users access to SE16 in SAP ECC?” My answer to the interviewer was three fold: End users should not have access to SE16 (or its variants SE16N, SE17, etc) in SAP ECC because the […]

Quick note about the site

Hello Everyone – Thanks for all the visits, questions, and comments. We’re up on a new url – slideblue.com – new hosting, and a new theme. Please expect more articles, updates, and answers! Thanks, David

SAP GL Document Splitting Part I

As alluded to in my last post, the document splitter plays a crucial part in the derivation of profit center and consequently in the preparation of management financial statements. Now we’ll start to take a deep dive into document splitting. There are two prerequisites for using the splitter. First, the NewGL must be active in […]

Profit Center Derivation in SAP

In a ‘normal’ SAP organization structure in the NewGL, the profit center in SAP is the smallest level in which P&L and Balance Sheets can be created for a management entity. Deriving the profit center in SAP is a complicated process. It’s critical to consider the sources of GL postings and how each of those […]

The three toughest items in the SAP GL for finance users

SAP GL is notoriously difficult to learn, but once users become adept, they begin to appreciate the data model and consistency of transactions. With that said, the learning curve is still quite steep. When preparing a PowerPoint deck for an informative presentation on profit center derivation, I realized how much consultants ask of their users. […]

Performing GL Conversions (part III)

In the previous two articles on SAP GL conversions, we discussed the process of GL conversions, journal entry flows, and how to handle reconciliation accounts. In this final article, we’ll look at a couple pain points and keys to success that arise in SAP GL conversions. Currencies In the GL, there is usually more than one currency […]

House Bank Accounts in SAP FICO

House Bank Accounts (HBAs) in SAP are often configured incorrectly during an implementation. This improper configuration causes problems later when additional sub modules such as Electronic Bank Statement (EBS), Cash Forecasting, and Check Reconciliation are brought into scope. In this article, we explore how House Bank Accounts connect to physical bank accounts, some key settings, and common […]