It’s here, the new version of the COSO Internal Controls Integrated framework is out. COSO is the industry standard on controls and helps organisations provide better ways to assess internal controls over financial reporting. Before we get into the details of the 2013 COSO update, let’s look at some of the fundamental principles of an effective [...]
The New COSO Framework 2013 – Simple Guide for Risk & Control Professionals
May 23, 2013 By Leave a Comment
SAP FI GL Account Postings – Concept of General Ledger Account Postings in SAP
September 23, 2012 By Leave a Comment
Account postings form an integrated part of SAP accounting. All transactions entered in the sub ledger accounts end up as general ledger postings in SAP. Thus, a posting to sub ledger account say account receivable, account payable will have an effect on the general ledger. As a rule, any accounting transaction, which affects the general [...]
SAP Implementation Project Duration – How Long Does It Take to Implement SAP?
August 30, 2012 By 1 Comment
Companies implementing SAP R/3 often stumble upon the question as to how long will it take to implement SAP? The answer can vary from one month to a couple of years depending upon the scope of implementation, modules implemented, client’s business etc. A more realistic approach to finding out how much time it will take [...]
SAP MM Materials Management Important Tables
August 30, 2012 By Leave a Comment
All data & transactions in SAP R/3 is stored in the form of tables. A couple of months back, I had discussed some important tables relating to SAP SD Sales & Distribution here. Today, I am listing important tables where data relating to SAP MM Materials Management resides. SAP MM is one of the most [...]
Roles in SAP BW Business Warehouse
August 29, 2012 By Leave a Comment
Designing user roles and profiles in SAP R3 is a complex task. Sometime back, I had covered in one of my earlier post the authorization concept in SAP and how to design user roles. The role based user access concept extends to SAP Business Warehouse BW also. Roles are used in BIW to maintain users. [...]