Posted on 9/25/2017 by Oona Flanagan . 0 Comments.
Here’s a guest blog from our friends at ERPfixers.com – an online platform that offers on-demand SAP expertise via consulting experts worldwide. Connect, collaborate, and get SAP answers.  There are a number of new reporting options which need to be considered when you migrate to S/4 HANA.  With embedded analytics you should no longer need to wait overnight for data to be transferred to BW or a data-warehouse, ...

Read: S/4 HANA Reporting Considerations



Posted on 9/18/2017 by Ugur Hasdemir . 0 Comments.
S/4HANA Product Versions S/4HANA Finance 1503 1605 and Enterprise Management 1511 1610Nowadays there is a tremendous interest in S/4 HANA, especially from current SAP customers. It’s about what, why and how to go to S/4HANA. This motivated me to start writing a series of blogs on the subject matter. In this part 1 of the blog I will explain the what and the why of S/4HANA. In part 2 the How will be explained further. Let’s start from the beginning by knowing the product. The What. In the title of this post I ...

Read: Finance in S/4 HANA: The What, Why and How



Posted on 9/11/2017 by Janet Salmon . 0 Comments.
G/L account showing the account type for the primary cost elementThis blog post is from our friends at SAPexpert - the source for trusted SAP tutorials, tips and training content. With S/4 HANA Finance, the universal journal includes a single field account that covers both the general ledger (G/L) account and the cost element. As companies migrate to S/4 HANA Finance, the system merges their existing G/L accounts and cost elements. The transactions for the creation and maintenance of cost elements become obsolete, ...

Read: S/4 HANA Finance – Dealing with Cost Elements



Posted on 8/29/2017 by Thomas Michael . 0 Comments.
SAP Asset History Sheet ReportThe Asset History Sheet (AHS) report is the most powerful report available in SAP’s Asset Accounting component. The report shows all asset activity (i.e. asset acquisitions, retirements, transfers, etc.) as well as asset balances (beginning acquisition cost, accumulated depreciation, net book value, etc.) in an easy-to-read roll-forward layout – which is why this report is so special and useful. Most other reports in SAP’s fixed ...

Read: The Most Powerful Asset History Sheet Report



Posted on 8/17/2017 by Dinesh Kumar . 0 Comments.
S/4 HANA Finance Account Based CO-PAAs a reporting tool, profitability analysis (CO-PA) is very effective for evaluating the profitability of your market segments according to various dimensions such as geography, customer, or product type. Two types of CO-PA There are two types of CO-PA: costing based and account based. However, most businesses that use CO-PA implement the costing-based version. In fact when CO-PA is mentioned, that person is usually referring to costing-based ...

Read: Account Based COPA - S/4 HANA Finance



Posted on 8/8/2017 by Ugur Hasdemir . 0 Comments.
S/4 Hana 1610 Attributed Profitability SegmentsIn S/4HANA 1610 a new functionality called ‘Attributed Profitability Segments’ is introduced. It is now possible to derive a (statistical) profitability segment when there is another real CO object with a settlement rule to COPA. I was hoping that this would fix some occurring issues with Account Based COPA in S/4HANA. Below, I will explain the scenario I have been dealing with in my example with a revenue bearing time & material ...

Read: S/4 HANA 1610 - Attributed Profitability Segments



Posted on 7/27/2017 by Oona Flanagan . 0 Comments.
S/4 HANA FinanceHere’s a guest blog from our friends at ERPfixers.com – an online platform that offers on-demand SAP expertise via consulting experts worldwide. Connect, collaborate, and get SAP answers.   Things to consider when assessing a move to S/4 HANA Finance: HANA & S/4 HANA HANA is the superfast powerful “in-memory” database. It organizes data differently to reduce complexity, it is faster ...

Read: S/4 HANA Finance: Questions and Considerations



Posted on 7/19/2017 by Kent Bettisworth . 0 Comments.
SAP Training Asset LeasesAs an SAP professional in Financials & Controlling, you may need to know this information. Changes in laws and rules will affect how you do your job, report on leases and manage off-balance sheet entries. In addition to our SAP training, we want to keep you up to date on these important changes. The current off-balance sheet accounting has been criticized for years. Now, accounting boards have decided on a new standard effective in 2019 internationally ...

Read: Will you be ready? Accounting for Asset Leases…the new way!



Posted on 7/10/2017 by Robert Leathem . 0 Comments.
SAP Training Standard Product CostingThis informative webinar is presented by Rob Leathem, an SAP certified professional with 17 years of international ERP experience. Rob specializes in the SAP Financials & Controlling (FICO) modules. You may already have taken one of the SAP courses (locate Rob’s course/link) Rob created for Michael Management. In his courses, Rob makes use of his SAP career experience which has taken him all over the world and across multiple ...

Read: Standard Product Costing – Three Methods to Absorb Overhead



Posted on 7/5/2017 by Lori Moriarty . 0 Comments.
How is your corporate SAP training program doing? Over our years of delivering award winning SAP training to students around the world, we have learned what makes SAP training more palatable for learners. Here are some tips backed up by solid information to help improve your SAP training program right now.   How do we know this stuff? We have observed trends for over seventeen years, so we have the experience, and, we asked. In our most ...

Read: Tasty SAP training – How to make it more palatable for your users



Posted on 6/28/2017 by Dinesh Kumar . 0 Comments.
SAP S/4 HANA overviewSAP S/4 HANA Finance (formerly called SAP Simple Finance) includes many new features, such as the universal journal, streamlined design, and real-time analytics. The new SAP Asset Accounting (FI-AA) module is one example of a financial module that has been redesigned in the S/4HANA suite to increase process efficiencies across the life cycle of an asset.   Since SAP announced the release of SAP S/4HANA Finance (then called SAP Simple ...

Read: S/4 HANA Finance - An overview



Posted on 6/26/2017 by Thomas Michael . 2 Comments.
How to stretch your SAP training budgetIt doesn’t matter if you are a private individual that has to pay for SAP training out of your own pocket or a big company that has to train an entire SAP team – budgets for training are always tight. In fact, lack of budget is the # 1 obstacle quoted by SAP professionals with regards to SAP training.   So let me break down the 4 different training delivery methods to help you stretch your training budget:   Online training ...

Read: How to stretch your SAP training budget



Posted on 6/20/2017 by Lori Moriarty . 0 Comments.
SAP Training Building Business Case for S4 HANADo you know how to create a business case for S/4 HANA in your organization? In addition to our SAP training, we want to keep you up to date on the best business techniques surrounding SAP software.   Companies have questions about HANA and its potential. A structured plan can help managers and executives think about building a business case for HANA. The presenter for this webinar is Arun Trivedi of Cognizant. Arun is the director ...

Read: Building a Business Case for SAP S/4 HANA



Posted on 6/12/2017 by Lori Moriarty . 0 Comments.
SAP Training Survey result time to trainYou need SAP training and have zero time to do it. We get it. We know the facts because we just wrapped up our 2017 SAP Training Survey and 25% of SAP professionals have told us they don’t have enough time for training. But you can get the training you need and get it done on your schedule.   You already work every hour of your day. Just the thought of taking hours and hours out of daily tasks to get much needed SAP training ...

Read: SAP Training - Done in Less Than 7 Hours



Posted on 6/6/2017 by Leslie Bass . 0 Comments.
SAP training Peer to Peer How were you trained to do your job? Were you taught everything you need to know? Or do you sometimes find yourself without all the training you need? We are in the business of SAP Training. Over the last seventeen years, we have heard a lot of stories about how people were (not) trained and really didn’t know everything they needed to know about doing their job.     2017 SAP Training Survey Our observations were ...

Read: Questioning 'Hey Joe' Training



Posted on 6/5/2017 by Thomas Michael . 0 Comments.
Top SAP training courses If you’re anything like me you like to keep an eye on what’s trending in the SAP training world. Specifically, I like to keep tabs on what everybody is talking about (i.e. SAP HANA, Fiori, etc.) versus what SAP training courses people are actually taking – and there’s a big difference! So I asked our web development team to create a report for everyone to see what SAP training course are really trending – take ...

Read: Top SAP training courses



Posted on 5/23/2017 by Jacob Share . 0 Comments.
Stop Falling into Resume GapsHere at Michael Management, we get a lot of questions through our chat, info box and email. Many people looking for SAP Training are improving their resumes and seeking better opportunities. We found great guest bloggers to help give our students advice. Here are some great tips from Jacob Share on how to manage gaps in your resume.   You can't fill in employment gaps on your resume without lying, so do this instead. Need a ...

Read: Tips on How to Fill the Gaps in Your Resume



Posted on 5/18/2017 by Lori Moriarty . 0 Comments.
Savvy professionals need SAP trainingIf you want to stay relevant as a technically savvy professional, you need continuing SAP training.   Why?   Because SAP is the 500-pound gorilla of ERP software. According to SAP they have over 350,000 customers in 180 countries and 15,000 partner companies worldwide. 87% of Forbes Global 2000 are SAP customers. There you go. Odds are high that you are going to be working for a company that has SAP.   Are you currently ...

Read: To be a Savvy Professional You Need SAP Training



Posted on 5/17/2017 by Dinesh Kumar . 0 Comments.
SAP purchase order assigned to an asset. SAP S/4HANA Finance (formerly SAP Simple Finance) comes with a lot of features, such as the universal journal, streamlined design, and real-time analytics. The new SAP Asset Accounting (FI-AA) module is one example of a financial module that has been redesigned in the S/4HANA suite to increase process efficiencies across the life cycle of an asset. Additional advantages of migrating to new FI-AA in SAP S/4 HANA are listed below: Due to the ...

Read: SAP S/4HANA Finance - New Asset Accounting overview



Posted on 5/14/2017 by Lori Moriarty . 0 Comments.
What it takes to get SAP CertifiedYES! You made the decision. You are going to get your SAP training on and finally get certified. So, now what? Below we will cover the steps necessary to get certified in SAP. Don’t worry, I got you.       Start where you are You want to start your SAP training and you want to make the most of it by training for a certificate. But, which one? The first step to determining what certificate will work the best for ...

Read: What it Takes to Get Certified in SAP