Overview
Customers may need to follow a fiscal year different from the Group reporting fiscal year for the purpose of local statutory reporting of Units spread across various geographic locations. For example, local regulations of some countries may ...
Background
Correct estimation and posting of liabilities accrued to third parties which have not yet been charged to Profit and Loss account constitutes an important month end activity for financial accountants. This is necessary to ensure that expe...
Withholding Taxes in S4 HANA Cloud
Introduction
Through this blog I will try to provide a brief overview of the Withholding Tax Process in S4 HANA Cloud.
What is Withholding Tax
When business buys goods or services from a vendor/supplier it may be r...
Bank Master Data Set Up
Introduction
Through this blog, I will try to highlight the bank master data set up required as per Scope item BFA – Basic Bank Account Management
Prerequisites
The following business roles should be assigned to the business ...
Post-Capitalization in Asset Accounting
Background:
It often happens that business has omitted to book APC values of Fixed Assets in past fiscal years. This can happen for an entire asset or for part of the cost of an existing asset. There may be a...
In addition to what Sandeep has mentioned , in order to reverse the depreciation , change the depreciation key in the asset master to zero Depn key and rerun depreciation for the month. System will post entry having reversal impact of original depre...
Hi Christoph,
It should change to processed once you have uploaded and processed the Bank Statement with reference to the payment file i.e. using the reference number of the payment file.
Regards,
Anirban
Hi Daniel,
Allowing All values for APC , Accumulated Depreciation and Net Book Value is a Depreciation area level setting and this setting is not available for change either through any SSCUI or through expert configuration in S4 HANA Cloud.
So if t...
