Discover SAP ERP Financials (2nd Edition)

Get your money's worth from your SAP ERP Financials system! From basic accounting to reporting, navigate SAP's diverse and customizable financial solutions with this detailed, reader-friendly reference. Learn how the components work, the advantages of each, and how SAP ERP Financials addresses the multitude of complex challenges facing today's companies. Perfect for new users, decision-makers, and power users, this book will teach you to improve your efficiency in key financial areas, including profitability analysis, financial supply chain management, cost accounting, and more.

1. Discover What SAP ERP Financials Is All About Read the concise topic overviews, definitions of terminology, and clear explanations of business processes.

2. Gain In-Depth Decision-Making Knowledge Improve your financial processes by learning what each powerful component provides, how it's used, and how it can help you make informed business decisions.

3. Apply SAP ERP Financials in the Real World Explore in-depth case studies and practical examples and find out how companies have improved their business processes and increased their efficiency.

4. Second Edition, Updated and Expanded This book is updated to include new and expanded content on SAP ERP 6.0 EHPs 5 and 6, with an expanded focus on real-world scenarios and practical case studies.

Highlights Include:

• Account receivables and payables
• Investment management
• Financial closing
• Travel Management
• Payroll accounting
• Consolidation
• Overhead cost management
• Project accounting
• Product costing
• Financial planning
• Profitability analysis
• Credit, collections, and dispute management
• Treasury and risk management
• Account determination

Manish Patel is a senior SAP professional with close to 20 years of experience in the IT industry. After graduating from Bombay University, Manish worked at an Indian software company on various financials projects in Asia Pacific. During his tenure at this company, he gained experience as a finance lead responsible for implementing the company s indigenously developed ERP system. After forming his solid foundation at this company in the various areas of software development and project management, he started his career as an SAP consultant. Over last 15 years, he has worked on variety of SAP projects in number of different industries. He has also conducted several successful SAP trainings at various training locations of SAP America. This breadth of assignments honed his abilities to successfully perform different roles in an SAP project ranging from system configuration to project management. He is also the author of a best selling book SAP Account Determination published by SAP Press, targeted at the technical and consulting SAP community. The book explores vital design elements that carry out automatic determination of GL accounts from business transactions in various SAP components. Manish enjoys working through the challenges and complexities that are inherent in implementation of such an enterprise wide system. He understands that experiences and aftereffects of such implementations can range from justifiably thrilling to maddeningly frustrating. Hence, he thrives in contributing to ease transition of SAP users into the new, integrated world of SAP. This book is an attempt to ease such transition Manish enjoys living in the sunny California, USA.