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Category: TIP OF THE WEEK

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SAP TIP OF THE WEEK #10

SAP TIP OF THE WEEK #10

Enhance Your Search - Use Templates Over time we all got used to the concept of search and search engines. By now we already know that the searches we run are not random – especially when it is work-related. These searches are usually derived from
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SAP TIP OF THE WEEK #9

SAP TIP OF THE WEEK #9

Set Period Unloked Except Sales Transition phases always bring challenges and open room for errors. For example, when posting period ends but not yet closed. You want to keep it open so the last purchasing documents can be recorded, and on the other hand you
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SAP TIP OF THE WEEK #8

SAP TIP OF THE WEEK #8

  Running projects and managing cost accounting? You probably invested significant effort in planning and initial definitions - project codes, cost centers, distribution rules, and more. Everything to ensure that each transaction is recorded with the right details and allocated to the right project or
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SAP TIP OF THE WEEK #7

SAP TIP OF THE WEEK #7

Set Exchange Rate for Purchasing Docs   Foreign currencies always raise the level of complexity in business. There are the initial settings of currencies, accounts, and business partners, the ongoing maintenance of exchange rate table, an much more. Since exchange rates can be very dynamic,
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SAP TIP OF THE WEEK #6

SAP TIP OF THE WEEK #6

Set Gross Profit Rate for Service Docs Lots of planning, research and thinking are invested when pricing goods. One of the factors taken into consideration is making sure the desired gross profit rate of the goods sold is achieved. But what about services? Many businesses
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SAP TIP OF THE WEEK #5

SAP TIP OF THE WEEK #5

Your Business, Your Document Titles Some may call it terminology, others may say it’s an industry jargon, or maybe it is the local practice? no matter why, it is quite common that in different companies same documents are named differently. For example A/R invoice is
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SAP TIP OF THE WEEK #4

SAP TIP OF THE WEEK #4

Alternative Items Can Save The Day Business-related data is sacred. Maintaining and optimizing the essential details of our business partners is a critical and never-ending task. Take addresses for example. Shipping and billing addresses of business partners are very dynamic. It is not uncommon that
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SAP TIP OF THE WEEK #3

SAP TIP OF THE WEEK #3

Optimizing the Payment Wizard Run Batch processes are great! The satisfaction of having an automatic (or semi-automatic) way for processing or generating efficiently large number of items or documents is priceless. But as much as we embrace automation we all recognize that there are exceptions
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SAP TIP OF THE WEEK #2

SAP TIP OF THE WEEK #2

Be Positive – Block Negative Inventory When managing inventory, one of the key challenges is storing the right quantities. Too many items in stock increase storage expenses and products with expiration date may get lost, while too little inventory may lead to shortage, delay in
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SAP TIP OF THE WEEK #1

SAP TIP OF THE WEEK #1

We swim in an ocean of information that we collect, record, and maintain on a regular basis. Everybody knows that having the accurate details of your business partners is essential for sunning a successful business. Take addresses for example. Each business partner may have multiple