Discover SAP ERP Financials

Discover SAP ERP Financials

Book Details

  • Paperback: 546 pages
  • Publisher: SAP PRESS, 1st edition (April 28, 2008)
  • Language: English
  • ISBN-10: 1592291848
  • ISBN-13: 978-1592291847
  • Product Dimensions: 8.9 x 6.8 x 1.1 inches

Book Description

Are you a financial manager, consultant, or decision-maker considering SAP? Or are you new to SAP and need to understand how it works? If so, this very detailed, reader-friendly reference, will give you an in-depth overview of the key components of SAP ERP Financials. You’ll learn how each component works, the advantages they offer, and how this fully integrated package addresses the challenges facing today’s companies. Along the way, you’ll also learn how to improve your efficiency in key financial areas, including profitability analysis, financial supply chain management, cost-accounting, and more.

Book’s Highlights:
  • Account Receivables and Payables
  • Investment Management
  • Travel Management
  • Payroll
  • Consolidation
  • Overhead Cost Management
  • Project Accounting
  • Product Costing
  • Profitability Analysis Credit, Collections, and Dispute Management
  • Treasury and Risk Management
Excellent book for all SAP consultants who need an overview of SAP FI

Being a Procure to Pay consultant (Certified in SRM / MM / FI) I was looking for SAP FI books to improve my skillset on FI. I initially purchased the SAP FI book “Optimize your ERP Financials Implementation – Shivesh Sharma” but returned back the book with exchange to other book as the book did not contain any topics on optimization as was advertised and also the purpose for configuration is not explained properly.

Then I purchased this SAP FI book “Discover SAP ERP Financials” by Manish Patel. The SAP FI book has surpassed the expectations. I thought this would be very basic but the author did an excellent job in explaining the topics with the latest optimization techniques. The case studies and the new optimization techniques are described in a great detail. Though this book does NOT talk about configuration in SAP , but it gives enough knowledge as to WHY you need to configure. In contrast the book by Shivesh Sharma does not have any optimization techniques /case studies and no configuration logic.

If you are an MM consultant and would like to venture into AP, then you would be thrilled to read the chapters 3 (Payables) , 4 (Taxation) and 5 (Bank Transactions). Manish Patel mentions about the new optimization techniques including e-payments through ORBIAN and OFX (Open Financial Exchange).

SD consultants would love the topic on processing incoming payments through LockBox processing and the EBS (Electronic Bank Statement) processing with the details on Interpretation Algorithm and Search Strings. An excellent case study on how a civic government achieved a better control on working capital management by processing the property tax payments through Lockbox. There is a separate chapter on Collections, Dispute and Credit Management.

HR consultants would appreciate the integration of major reservation systems AMADEUS , SABRE , GALILEO with SAP Travel management. It is interesting to read how the miles earned through flights is used for future reservations. Payroll accounting and detailed case study on a corporate plans to implement travel management sums it up.

A must have SAP FI book for SAP consultants of all modules. Also useful to new FI/CO consultants.

About the Author

Manish B. Patel has over ten years experience as an SAP Financial Consultant. He has conducted trainings at SAP America training centers on Fixed Assets, Special Ledger, and Legal Consolidation. He also wrote SAP Account Determination.

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