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16 Steps Required to Maintain Investment Measures in SAP S/4 HANA

Organizational activities are often managed as projects that involve design, plan, build, and assign phases. Choosing between using an internal order or WBS element as an investment measure depends on the project’s complexity and the number of stages involved. SAP S/4 HANA Internal order (CO-IO) or Project System (PS) can be used to monitor multiple module projects with complex structures.
In this document, the essential settings required for using a CO-IO Internal Order as an investment measure in SAP S/4 Investment Management (IM) will be covered. Common configurations like settlement profiles, allocation structures, etc., were covered, and 10-specific configurations like project profiles, how to assign an investment profile to a project profile, etc., will also be covered in this guide.

  1. What is AUC
  2. Create AUC Asset Class
  3. Create Allocation Structure
  4. Create Settlement Profile and Assign Allocation Structure with Settlement Profile
  5. Create Planning Profile
  6. Create Budget Profile
  7. Create Order Type and Assign Budget Profile, Settlement Profile and Planning Profile
  8. Create Investment Profile
  9. Create IO as well as AUC
  10. Create PO with Account Assignment “F” (Order) in ME21N
  11. Post GR in MIGO and Invoice in MIRO
  12. Create Main Asset Class [OAOA]
  13. Create Main Asset master [AS01]
  14. Settlement with AUC KO88
  15. Settlement with Fixed Asset [KO88]
  16. Check the AUC and FA [AW01N]

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SAP S/4 HANA: New Bank Reconciliation Account Configuration Guide [PDF]

The introduction of Cash Account type with SAP S/4 HANA 2022 has brought about a significant change in the way GL master data is created for house banks and bank accounts. With the old method, creating GLs was quite tedious as 3 unique GLs were required for each house bank and account ID combination. This means that for 3 bank accounts, a total of 9 GLs would be required, and this number could skyrocket to 150 GLs for clients with 50 bank accounts, irrespective of the payment method. The new method, however, eliminates the need to create 3 unique GLs per house bank and account ID combination. The introduction of Cash Account type in SAP is a welcome development that simplifies GL creation and enhances operational efficiency.
In this document you will find the steps required to configure Bank Reconciliation Accounts in SAP S/4 HANA with new method.
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SAP S/4 HANA: Self Service Procurement Guide

S/4 HANA has introduced Self-Service Procurement as a way to make purchasing easier for casual users and give employees the ability to purchase the products and services they need. The procurement function offers an intuitive shopping cart interface and user-friendly online catalog, allowing users to easily purchase goods and services. Additionally, it can automate and control the purchasing process, helping procurement organizations enforce purchasing strategies and contract compliance, and streamline the purchasing process. Users can also access supplier-managed product information, including specifications, configurable items, and pricing, to quickly identify the right products and services. SAP provides direct access to procurement catalogs through the purchase requisition. These catalogs, managed by catalog administrators, assist end users in making purchasing decisions using preferred and contracted suppliers. Self-service procurement enables users to search and compare options to find the right products and services using existing catalog management tools.

Following topics are covered in this Self Service Procurement cookbook document;

  • Changes identified with respect to SAP Business Suite (IE ECC, SCM, APO etc)
  • Key business benefits for S4 HANA 1610 – Use cases, Cost Case etc
  • Migration to S4 HANA 1610
  • Process Independent Implementation (Configuration) Steps for Self-Service Procurement
  • Indirect procurement using self service requisitioning from material master

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Release Procedure in SAP: Configuration Guide

In SAP, the release procedure is an electronic document approval process for purchase requisition and external purchase documents. It involves checking the correctness of data and providing authorization to purchase. Before SAP implementation, handwritten approvals are required from all necessary authorities, which is time-consuming. The release procedure is used to eliminate this inefficiency.
This document describes 3 steps required to configure release procecedure in SAP;

  • Release Procedure with/without classification (comparison)
  • Step 1: Create Characteristic [CT04]
  • Step 2: Define Class (Assign All Characteristics to One Class) [CL02]
  • Step 3: Define Release Group, Release Code, Release Indicator and Release Strategy

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