How the SAP FICO module manages regulatory data

What is SAP FI?

Requires Free Membership to View

When you register, you will start receiving targeted emails from my award-winning team of editorial writers. Our goal is to keep you informed on the hottest topics and biggest challenges faced by SAP professionals today.

Hannah Smalltree, Editorial Director

By submitting your registration information to SearchSAP.com you agree to receive email communications from TechTarget and TechTarget partners. We encourage you to read our Privacy Policy which contains important disclosures about how we collect and use your registration and other information. If you reside outside of the United States, by submitting this registration information you consent to having your personal data transferred to and processed in the United States. Your use of SearchSAP.com is governed by our Terms of Use. You may contact us at webmaster@TechTarget.com.

The SAP FI (Financial Accounting) module is where regulatory or statutory data is tracked and managed. The SAP FI module includes:

General ledger
Book close
Tax
Accounts receivable
Accounts payable
Asset Management (SAP AM)
Consolidation
Special ledgers

Dig Deeper

People who read this also read...

Show me more

This was first published in November 2009

Join the conversationComment

Comments

Results

Contribute to the conversation

All fields are required. Comments will appear at the bottom of the article.

Manufacturing ERP
- Manufacturer to move hosted JD Edwards ERP to 'virtual private cloud'
  
  In 11 years, EnterpriseOne ERP system has migrated from on-premises to physical and virtual servers at managed hosting provider. Next: private cloud.
- Five signs your multiple ERP systems are out of control
  
  Many manufacturers run multiple ERP systems -- or multiple instances of one system. But there are significant downsides to operating this way.
- Mobile inventory management brings visibility, flexibility to the warehouse
  
  Managing goods on the go can give workers a real-time view of stock and supplies, both in the warehouse and into retail spaces.
Oracle
- Implementing a Hyperion system in 3 weeks -- it can be done
  
  An Oracle Hyperion system implementation in three weeks? Yes, it can be done. Communications firm Neustar implemented Hyperion in less than a month and gained efficiencies in the process.
- Las Vegas expands its Oracle business intelligence horizons for better government transparency
  
  The city of Las Vegas underwent a three-year Oracle business intelligence project to bring more data to its employees and the public. The city's IT manager explains how it happened.
- Midmarket companies find JD Edwards upgrades a good fit
  
  At some point, your JD Edwards shop will have to decide whether to switch to a different product, upgrade or stay where you are. Learn what two other organizations did when working through JD Edwards upgrades.
Data Management
- New GigaSpaces release promises 'big data' analytics in real time
  
  The latest version of GigaSpaces XAP is designed to let users create their own real time "big data" analytics platform, and more big data news from around the Web.
- People, process issues offer path to improve data quality on the cheap
  
  Educating end users and upgrading internal processes can help enterprises fix data quality problems without dropping a ton of cash, analysts say.
- As data demands speed up, information management tools pave road ahead
  
  New research shows data virtualization, data governance and master data management initiatives provide higher levels of satisfaction with data quality and data integration.
DataManagement UK
- NEC Europe has yen for Host Analytics’ financial planning
  
  NEC Europe has signed up to use Host Analytics' cloud-based financial planning service to better integrate an acquisition and support its growth plans.
- Podcast: How to craft an effective MDM strategy
  
  In this podcast interview, Andy Hayler gives advice on how to create and implement an MDM strategy that is ruthlessly focused on business value.
- Jill Dyché: CEO big data focus good news and bad news for IT
  
  Jill Dyché, a data management expert, sees CEO interest and scepticism as both an opportunity and a threat. Avoid the big data 'gotchas', and don't mistake data warehousing for big data.
Business Analytics
- To glean value from 'big data' projects, it may take more than Hadoop
  
  Organizations will have to push beyond storage requirements and basic business intelligence tools to exploit big data, according to a Gartner analyst.
- On the go the way to go? Answer lies with building mobile BI business case
  
  According to a recent Gartner survey, mobile technology is the second most important priority for CIOs in 2012, but building the business case is easier said than done.
- Basic vs. complex: Companies walk the line on analytics best practices
  
  Businesses looking to build effective business intelligence and analytics programs have to toe the line between focusing on the basics and using new technology to build more complex BI systems.
CRM
- Chatter growing louder, more call centers see value of social media
  
  Attendees at the ACCE call center expo say they’re ready to engage customers through social media.
- Call center agents’ behavior should be focus -- not clunky metrics
  
  A consultant at the recent ACCE call center expo urged call centers to drop the glut of performance metrics and favor a human approach.
- Health care reform catalyst for customer service improvements
  
  Although many don’t immediately think of CRM and health care together, recent U.S. legislative changes to health care standards are causing organizations to think of patients as customers.
Content Management
- Trash the old data: A firm record retention schedule can lead to DM success
  
  Information is growing exponentially and the lack of firm record retention schedules is costing organizations big money and will increase liability as time passes, says consultant Randolph Kahn.
- Cimarex picks Accellion enterprise collaboration platform over SharePoint
  
  Cimarex Energy replaced its SharePoint system with Accellion’s enterprise collaboration platform for secure mobile file sharing and uses it to recruit graduate geology students.
- Paper originals still needed when using a document management system?
  
  Get expert advice on whether it’s necessary to keep paper or other forms of original materials once a company implements an electronic document management system.
Financial Applications
- SaaS HR, mobile analytics upends workforce management software market
  
  Nucleus Research names Ceridian, ADP among top performers and finds threats to legacy leader Kronos.
- Basic planning, data cleansing seen as crucial to HR system integration
  
  Save time and money by establishing human resources processes and scrubbing data before embarking on a project to integrate systems, industry watchers say.
- SaaS HCM growing, but some prefer customization of on-premises HCM
  
  As more companies consider taking human capital management to the cloud, analysts say the on-site version also has its benefits.

Latest Headlines

Topics

Hot Topics

Advice & Tutorials

Technology Dictionary

Tips

Answers

Ask a Question

Research Library

Product Demos

Resource Centers

Partners

Blogs