The Customer Magazine 1|2010
Need to Get Users Excited About Software
Following its new mantra of solutions with instant value, SAP is transforming itself to be faster and more customer-oriented. SAP Spectrum talks with Jim Hagemann Snabe to find out how the company aims to achieve this.
Touching Lives With Technology
Some of the people who work the phones for Deutsche Post DHL’s human resources hotline are blind. Along with special resources for the visually impaired, they use the SAP ERP Human Capital Management solution to carry out their daily tasks.
Grabbing the Tiger by the Tail
The financial crisis, the drive toward internationalization, and SAP Enterprise Support services were three topics weighing heavily on the minds of SAP user companies in Japan last year.
31.10.2007
Identifying and Eliminating Differences
Even if you use two company codes, business transactions can overlap. The group financial statement must eliminate the intercompany sales between various organizational units: the individual closing statements must be reconciled. Differences in intercompany accounts used to occur only during consolidation of the group balance sheet. With SAP ERP Financials, you can quickly handle this step when you create an individual closing statement.
Almost every corporate group has subsidiaries or national offices that have independent balance sheets. Posting transactions for intercompany consolidation are a normal part of daily business for these companies. For example, company code “3000 IDES USA” can receive a loan from a subsidiary, “1000 IDES Netherlands.” The posting records for “3000 IDES USA” can be subdivided into posting lines for liquid funds in debits (open items in the general ledger) and credits (subledger account). For the subsidiary, “1000 IDES Netherlands,” a payment request in debits and a payment in credits are posted to offset each other.
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In a pure SAP environment, these kinds of transactions are simply not a problem because SAP software can reconcile the payment requests and credits. Cross-company-code documents enable automatic posting in both companies and avoid intercompany differences up front.
But if the subsidiary “1000 IDES Netherlands” does not have SAP software, the group’s SAP software must perform additional reconciliation – usually for accounts payable, accounts receivable, and general ledger accounting. The SAP ERP Financials solution can handle this situation. The solution can collect data from SAP and non-SAP systems, so it involves general ledger accounts along with accounts receivable and accounts payable in the reconciliation process. Because it can do this, SAP ERP Financials enables a central reconciliation process, regardless of the type of account and the accounting system. Effective intercompany reconciliation can occur only on this foundation.
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