SAP ERP Financial - Currency Live Feeds

Hi,
I was just being exposed to SAP Financial last month and I'm doing a project to configure a financial system for a bank thus I would like to ask more on how do I actually have my currencies up to date and I'm focusing on Controlling Component so hope I get tips, links and help on how am I going to go about doing this. This project means a lot to me as it would be a stepping stone for me to have my dream as a SAP Configuration Consultant job.
Regards,
Gideon

I would suggest that this is probably not the best forum to ask this question.  You would do better to ask this question in a finance-oriented forum rather than a security-oriented forum.

Similar Messages

  • Difference Between SAP ERP Financial & SAP Business One ERP?

    Hi Everyone
    I am very new in the world of SAP, I just want to know what is the difference between SAP ERP Financial and SAP Business One???
    Thanks in advance
    Cheers

    Hi Farooque,
    Welcome to SDN.
    <b>SAP ERP Financial</b>
    SAP ERP Financial provides a complete financial management solution for a broad range of industries. It's the leading enterprise software solution for accounting, financial reporting, performance management, and corporate governance.
    The software solution offers depth of functionality in accounting, reporting, analysis, financial supply chain, and treasury management. Robust financial and management reporting, plus internal controls and documentation of all financial processes and transactions, ensures the highest levels of business analysis and governance.
    It provides industry-leading support for local market requirements, languages, and currencies. It also supports a broad range of industry-specific processes and is compatible with all SAP industry solutions. Its scalable and open architecture is built for multinational organizations and connects financial management with existing business systems.
    <b>SAP Business One</b>
    SAP Business One is is an integrated, affordable, business management solution built from the ground up to meet the immediate and long-term needs of small and midsize businesses (SMBs). From general ledger and banking activities to service, sales, and inventory operations, SAP Business One provides all of the functions you need to gain greater control over your company and succeed in today’s competitive business environment – all in one easy to use, customizable, and scalable solution.
    SAP Business One Financial Accounting delivers tools and reports that enable you to manage all financial processes, including:
    - Chart of accounts -- Allows you to define all accounts and their hierarchical relationships
    - Journal entries -- Allows you to enter or find manual journal entries and automatically allocate each transaction to a project or profit center
    - Transaction templates -- Enables you to save time and prevent mistakes when entering manual journal entries
    - Recurrent journal transactions -- Lets you create your own set of recurrent transactions, including automatic frequency reminders
    - Exchange rate differences -- Adjusts foreign currency accounts to the changes in your local currency
    - Trial balance report -- Displays account balances and transactions, enabling you to view all your financial reports in any desired currency and in each detailing level
    - Profit and loss report -- Displays income and expenses in the conventional way used by accountants
    - Balance sheet -- Displays assets and liabilities in the conventional way used by accountants
    - Comparative reports -- Allows all reports to be displayed in a comparative view between months, quarters, years, or any other period
    - Budget -- Helps you define and track your budget in any currency and view a summarizing budget report, which compares the actual versus the planned figures
    - Financial reports designer -- Gives you the power to create unlimited financial reporting templates
    Hope this will help.
    Regards,
    Ferry Lianto
    Please reward points if helpful.

  • Difference in SAP R/3 Financials and MY SAP ERP Financials

    Hi ALL,
    Can any one tell me the difference in SAP R/3 Financial and MY SAP ERP Financial
    Thank and Regards
    Kedar

    My SAP ERP provides additional analytics such as financial analytics, workforce analytics and operations analytics. We get employee life cycle management and employee relationship management and there's a financial supply chain component.
    The NetWeaver piece gives you portal capabilities and better integration capabilities for integrating applications with applications from other vendors.
    Check out the solution overview in this link.
    http://download.sap.com/download.epd?context=34A481C8164156DEF6E507D82889F9F5D8D8F5BC953285A76585EA32C01E3F8A402BF4874B54DC389CD1EB0DCC5C469451499E974252ABDD
    Reg,
    Arun

  • Do we have solutions in SAP ERP addressing IFRIC 1?

    IFRIC 1 address the rules for decomissioning, restoration and similar liabilities. I was questioned quite a few times by our APJ customers whether SAP ERP Financial could address this requirement. Do we have a definite answer for this and what details in our solutions could address this requirement? Thank you very much!

    Hi,
    ECC 6 can adequatly address this requirement.
    All you need to do this is develop scenarios and for each scenarios you should come with a solution.
    In generic terms,Decomissioning, restoration and similar liabilities are the values that need to be added or subtracted from the Related assets.Here the liabilities should be discounted using risk adjusted rates;then reduce this amount from the Asset value.
    The solution:
    1] discount the liabilty.This is done outside SAP.
    2] Reduce this from the Asset value.Done in SAP.
    3] If you have already made a provision in the Balalnce sheet,then this should be transferred to the related asset.This is done in SAP.
    4] Appropriately adjust the depreciation.Done in SAP.
    Hope this helps.
    Regards
    Ramesh

  • What is unique in mySAP ERP Financial

    Hi Friends,
    During presentation at Client I faced a Question.
    What is unique in SAP ERP Financial compartively other ERP Financial Solution.
    Pl reply and send me if you have any presentation or notes.
    Ijaz Bukhari
    [email protected]

    Could be a number of things, but the most obvious guess would be that PBS has relatively narrow bandwidth. The people in Congress who think that Masterpiece Theater is intellectual sedition and Sesame Street is a communist plot to indoctrinate our children have been strangling PBS's cash flow since sometime the early '80s.
    Unfortunately, the aesthete voting block doesn't have a particularly big political voice in the US (as though it has a big political voice anywhere).  We'll just have to continue trading our carefully hoarded recordings of 'good' television programs in secret.

  • Financial newby: Combining SAP SRM and ERP Financial Accounting

    Hello,
    Looking for an Invoice Management System expert. I would like to know the following two things.
    1. On posting an 'incomming invoice' (with reference to a PO) in SRM this Invoice will be replicated to the R/3 back-end system. The back-end will and should use this invoice to follow-up the financial administrative process, how do they go about on this. The purchase order and Invoice will be posted to f.e. G/L 'Sources, with tax 19%'. What transaction do financial administrators use to book/post bank/liquid asset changes against these invoices?
    2. Up on creating a credit memo, for example for 1 of the 2 line items that wern't delivered but where initially invoiced, do we need to create a Credit Memo in SRM with negative amounts or does the Credit Memo with positive amounts suffice. It will always be used as credit, positive doesn't mean it's debit? (I think credit memo's in SRM work almost the same as Credit Memo's in R/3)
    Kind regards,
    Tim

    Dear all,
    I answer my request, as nobody is talking about this subject.
    I passed the CO certification
    SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EhP6
    and succeed without having SAP training, i've 4 years of SAP FICO experiences and 1 year of auditing, accounting experience.
    All i've to say is to read and study many times  SAP documentation but be carreful as CO change with planning in the new ledgers and CO report, take the most updated training documentation.
    My advice is to work hardly every day, even with the help of SAP training , you've to work hard, the training is just making it easy for you.
    Good luck.
    Houda

  • Difference between sap erp and crm

    hi
    can u pls explaine me wht is the difference between crm and erp. how both  are integrated
    regards
    Guru

    Hi,
    SAP Erp is a Total Enterprise Solution for the business.
    But CRM is Specific Speciality part of Erp.
    Deploying an SAP solution isn’t just about technology. It’s about removing barriers between people, information, geographies and business processes. And getting it right requires a broad range of capabilities, from deep technical skills and SAP solution implementation experience to in-depth knowledge that cuts across every industry and business discipline.
    BPO Systems industry-leading services extend across the entire SAP lifecycle - from selection and design to implementation and support - enabling us to bring genuine transformation and bottom-line results to businesses. We partner with organizations in the commercial and public sector to:
    Define and build business processes
    Streamline operations
    Provide real-time visibility across the enterprise
    Implement efficient administrative and financial systems
    Reduce costs
    Eliminate duplication of effort
    Shorten product-to-market time
    Improve decision-making throughout the organization
    SAP NetWeaver™ platform and Technology Integration
    The SAP NetWeaver platform is changing the way companies support their business processes — providing a comprehensive and integrated platform designed from the ground up to work with SAP and other standard technologies. But understanding when, where, and how to deploy SAP NetWeaver components to generate the most business value requires a comprehensive understanding of a company’s business processes and organizational structure—along with in-depth knowledge of various technology practices.
    Business Applications
    Business Intelligence Enterprise Solutions
    Customer Relationship Management Enterprise Solutions
    Finance & Performance Management Enterprise Solutions
    Human Performance Enterprise Solutions
    Specific Enterprise Solutions: Overview
    Supply Chain Management Enterprise Solutions
    Regards,
    Nandha.

  • How to configure sap maxdb client to connect to SAP ERP system (SAP HR)

    Hello all,
    I am currently installing live cache for SAP ERP HR application(Idoc), can anybody tell me the sequence to proceed to configure SAP livecache with SAP ERP system. i am doing following steps
    1. Install SAP DB using installation MAXDB CDs
    2. Install SAP Livecache and standalone server SCM 5.0 using SAP ERP master and Livecache dvds.
    3. install Livecache client fromSAP ERP master and livecache dvds between SAP ERP and livecache server.
    4. configure in LC10, tcode.
    but when i press on livecache monitoring in LC10 it gives me following error.
    Command: DBMRFC
    Parameter: -gsapfive -xsapgw00
    SY-SUBRC: 8
    Return Code
    sap maxdb client

    i tried the said things and after that i am getting following error in DB59, first three steps are successful but 4 one is failing.
    Test Scope
    1. Execute an external operating system command (DBMCLI)
    2. Determine status using TCP/IP connection SAPDB_DBM (DBMRFC command mode)
    3. Determine status using TCP/IP connection SAPDB_DBM_DAEMON (DBMRFC session mode)
    4. Test the SQL connection (Native SQL at CON_NAME)
    Application Server:  <hostname>_<SID>_00                           ( Windows NT )
    1. Connect. test with "dbmcli db_state"                         Successful
    2. Connect. test with command mode "dbmrfc db_state"            Successful
    3. Connect. test with session mode "dbmrfc db_state"            Successful
    4. Connect. test with "native SQL"  ( LCA )                     No connection
       SQL Code: 4008
        POS(1) Unknown user name/password combination
       For detailed information, see the developer trace for work process:            1
    please see trace from file dev_rfc and dev_w0 below
    log for dev_rfc
    **** Trace file opened at 20110107 174356 Eastern Standard Time, SAP-REL 701,0,14 RFC-VER U 3 1016574 MT-SL
    ======> CPIC-CALL: 'ThSAPOCMINIT' : cmRc=2 thRc=679
    Transaction program not registered                                      
    ABAP Programm: SAPLARFC (Transaction: )
    User: MKUMAR (Client: 800)
    Destination: IDOCTEST (handle: 2, , )
    SERVER> RFC Server Session (handle: 1, 45030386, {9BAF1AE0-E29B-F1A3-9406-0019B9E204CC})
    SERVER> Caller host:
    SERVER> Caller transaction code:  (Caller Program: SAPLQOWK)
    SERVER> Called function module: ARFC_RUN_NOWAIT
    Error RFCIO_ERROR_SYSERROR in abrfcpic.c : 1501
    CPIC-CALL: 'ThSAPOCMINIT' : cmRc=2 thRc=679
    Transaction program not registered                                      
    DEST =IDOCTEST
    HOST =%%RFCSERVER%%
    PROG =IDOCTEST
    Log from dev_w0
    A  RFC 1485  CONVID 47150684i tried the said things and after that i am getting following error in DB59, first three steps are successfuk but 4 one is failing
    trace from file dev_rfc is below
    **** Trace file opened at 20110107 174356 Eastern Standard Time, SAP-REL 701,0,14 RFC-VER U 3 1016574 MT-SL
    ======> CPIC-CALL: 'ThSAPOCMINIT' : cmRc=2 thRc=679
    Transaction program not registered                                      
    ABAP Programm: SAPLARFC (Transaction: )
    User: ABC (Client: 800)
    Destination: IDOCTEST (handle: 2, , )
    SERVER> RFC Server Session (handle: 1, 45030386, {9BAF1AE0-E29B-F1A3-9406-0019B9E204CC})
    SERVER> Caller host:
    SERVER> Caller transaction code:  (Caller Program: SAPLQOWK)
    SERVER> Called function module: ARFC_RUN_NOWAIT
    Error RFCIO_ERROR_SYSERROR in abrfcpic.c : 1501
    CPIC-CALL: 'ThSAPOCMINIT' : cmRc=2 thRc=679
    Transaction program not registered                                      
    DEST =IDOCTEST
    HOST =%%RFCSERVER%%
    PROG =IDOCTEST
    A  RFC 1485  CONVID 47150684
    A   * CMRC=2 DATA=0 STATUS=0 SAPRC=679 ThSAPOCMINIT
    A  RFC> ABAP Programm: SAPLARFC (Transaction: )
    A  RFC> User: abc (Client: 800)
    A  RFC> Destination: IDOCTEST (handle: 2, , )
    A  RFC SERVER> RFC Server Session (handle: 1, 47149684, {FDB31AE0-D203-F1C0-9406-0019B9E204CC})
    A  RFC SERVER> Caller host:
    A  RFC SERVER> Caller transaction code:  (Caller Program: SAPLQOWK)
    A  RFC SERVER> Called function module: ARFC_RUN_NOWAIT
    A  TH VERBOSE LEVEL FULL
    A  ** RABAX: end RX_GET_MESSAGE

    M  *****************************************************************************
    M  *
    M  *  LOCATION    SAP-Gateway on host <HOSTNAME> / sapgw00
    M  *  ERROR       program IDOCTEST not registered
    M  *
    M  *  TIME        Fri Jan 07 18:15:25 2011
    M  *  RELEASE     701
    M  *  COMPONENT   SAP-Gateway
    M  *  VERSION     2
    M  *  RC          679
    M  *  MODULE      gwr3cpic.c
    M  *  LINE        1778
    M  *  DETAIL      TP IDOCTEST not registered
    M  *  COUNTER     715
    M  *
    M  *****************************************************************************

    A  RFC 1485  CONVID 47152747
    A   * CMRC=2 DATA=0 STATUS=0 SAPRC=679 ThSAPOCMINIT
    A  RFC> ABAP Programm: SAPLARFC (Transaction: )
    A  RFC> User: ABC (Client: 800)
    A  RFC> Destination: IDOCTEST (handle: 2, , )
    A  RFC SERVER> RFC Server Session (handle: 1, 47151731, {FDB31AE0-D203-F1C1-9406-0019B9E204CC})
    A  RFC SERVER> Caller host:
    A  RFC SERVER> Caller transaction code:  (Caller Program: SAPLQOWK)
    A  RFC SERVER> Called function module: ARFC_RUN_NOWAIT
    A  TH VERBOSE LEVEL FULL
    A  ** RABAX: end RX_GET_MESSAGE
    Mani

  • SAP CO (Management Acct.)Certification Exam-SAP ERP Central Component 6.0

    Hi
    Can someone please advise me as to where I can obtain the SAP CO (SAP ERP Central Component 6.0) certification exam questions and answers.
    I have the CO files, but only require certification exam questions or even the exam simulation, to help me in preparing for the exam.
    Thanx
    Keegan
    Edited by: Keegan Padayachie on Jan 11, 2010 1:39 PM
    Moderator: This thread has been locked. Please refer to the Rules of Engagement.

    Hello Friend,
    I found all these...
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    but how can i check for EP(portal) and all other componet of Netviewr.
    How can i Chekc which version of Netviewer exist.
    I would like to know whether it is Netviewer or ECC
    Can you please let me know from Below.
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    Human Resources
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    PI_BASIS 2005_1_620
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    SAP R/3 Enterprise Add-On PLM, SCM, Financials
    SAP R/3 Enterprise Financial Services
    SAP R/3 Enterprise Global Trade
    SAP R/3 Enterprise Add-On HR
    SAP R/3 Enterprise Public Services
    SAP R/3 Enterprise Retail
    SAP Exchange Infrastructure 2.0
    C-CEE 102_470 add-on installation
    Best Practices: Preconfig. Smart Forms ,
    Application Servicetools for R/3 470</b>
    Regards
    Preethi

  • SAP ERP VMWARE

    Dear all
    It is first time to post here.
    Can anyone help me for SAP ERP Application on VMWARE  download link to study financial part.

    Dear Abdalla,
    where can I download ECC trial for self use?
    Fresh implemetaion on VM ware (ECC 6.0 EHP4) | SCN
    http://vmwaremine.com/wp-content/uploads/2012/02/SAP-Solutions-on-VMware-Best-Practices-Guide.pdf

  • Connection from Web Intelligence over Universe to SAP ERP without SAP BW

    Hi there,
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    Edited by: smenzl on Mar 31, 2010 9:17 AM

    Hi
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    Regards,
    Stratos

  • SAP ERP 2005 SR 2 IDES installation error in step "Run ABAP Reports"

    Hello,
    I'm installing SAP ERP 2005 SR 2 IDES on Win2003 R2 SP2 and Oracle 10.2 to create a test-system for my diploma thesis.
    During the step "Import ABAP" I got the following message:
    object_checker.log
    ERROR: 2008-05-21 20:50:38
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    Invalid objects are saved in 'invalid_objects.txt' file.
    invalid_objects.txt
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    It seems that the system did not come up and thus the RFC call fails.
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    dev_disp
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  • How to have a live feed from application server log file (realtime viewr )

    how to have a live feed from application server log file (realtime viewr for apps log files)
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    Your question would be more suited to the Developer Forums
    http://devforums.apple.com
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    My goal is to develop a web application that is able to run on iPhone too, to capture the audio and video content from its camera and mic.
    Web Apps running in Safari don't have access to the camera or mic hardware.
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    http://itunes.apple.com/us/app/ustream-live-broadcaster/id319362690?mt=8

  • Oracle 10g RAC installation on HP-UX 11.31 for SAP ERP 6.04

    Dear experts,
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    Thanks & Regards,
    Tejas

    >
    Charles Yu wrote:
    > Q1:  Oracle RAC with 9.2.x on HP-UX?
    > A:   For HA environment, cluster software is: MC/SG on HP-UX 11.31; there are  optional components of MC/SG  for supporting Oracle RAC and SAP application.  I was confused that I could not find the installation guide regarding 4.6C on MC/SG HA environment of HP-UX.
    > Charles
    Relevant docs for Service Guard (SG) cluster are available at http://docs.hp.com. Hope you have checked for the suport of oracle 92x on HP-UX 11.31
    >
    Charles Yu wrote:
    > Q2: Any reason why you don't use a supported database version?
    > A:   Actually, in order to avoiding the the risk of database upgrade and minimizing the migration risk,  top level has decided that keeping the same Oracle version. Indeed, we don't plan the migration of application. On the other hand, it is complicated to do the assessment for application migration.
    > Charles
    You can go for combined os migration and db release upgrade also at a stretch with the same downtime.

  • Acquiring sales data from SAP ERP

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    Hi,
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    Regards,
    H

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