For the move to SAP S/4HANA, companies can choose between the Brownfield and Greenfield migration approaches as well as various hybrid options. But which strategy fits which company? This article provides a guideline.
The term ‘SAP Clean Core’ describes a strategy in which companies keep their SAP environment as close to the standard as possible and minimise the proportion of custom code.
A client is the highest organisational unit in an SAP system. It represents a self-contained data environment.
A company code represents an organizational unit that constitutes a legally independent company and enables a self-contained accounting system.
The Controlling Area is a central organizational unit in the SAP system used for internal accounting (Controlling, CO).
Cost centers are organizational units within a controlling area that represent a clearly defined location where costs are incurred.
The credit segment is the central organizational level in credit management (FSCM-CR) in SAP S/4HANA systems and replaces the credit control area (FIN-AR-CR) in the old ECC system.
Document splitting allows you to generate additional balance sheets for dimensions such as profit centres or segments. The zero-balance mechanism ensures that these are balanced for each dimension.
ESG stands for Environment, Social, and Governance. It describes the transparent collection, evaluation, and disclosure of company data that shows how responsibly a company acts.
Anyone planning an SAP project will sooner or later come across the term Fit-to-Standard. But what does it actually mean in practice? And why does this approach play such a central role, especially in SAP S/4HANA projects?
The SAP planned order is used for preliminary planning of production requirements before specific production orders are created. It plays an important role in material requirements planning (MRP).
The product cost collector is a cost object in periodic product cost accounting in SAP. The purpose of the product cost collector is to collect the actual costs incurred during the production process of a material for a given settlement period.
Profit centers are organizational units in accounting that are used to structure a company in a management-oriented manner.
The record-to-report (R2R) process describes the end-to-end process in accounting, from the recording of financially relevant business transactions to the creation and provision of financial reports.
SAP ABAP is SAP's proprietary programming language for developing customer-specific applications, enhancements and interfaces. ABAP stands for Advanced Business Application Programming.
