Mehulkumar Patel

Mehulkumar Patel is a senior system engineer and certified SAP controlling (CO) consultant with approximately 10 years of experience in SAP FI/CO. He has done multiple end-to-end SAP implementations of SAP applications. He holds bachelor’s and master’s degrees in computer science and an MBA in finance. He also  certification in is certified in SAP CO.

ARTICLES

How to Release a Marked Standard Cost Estimate in the Middle of the Month

Generally, you can release a cost estimate in the beginning of the month when no inventory movement has been completed. However, in some cases, such as when issues in price or in logistics master data arise, you may have to release the cost estimate in the middle of the month. In a standard SAP system, when you try to release a cost estimate after inventory has been updated, you receive an error message. Learn how to successfully release a marked cost estimate in the middle of the month in your SAP system even though inventory transactions have been completed.
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BOOKS

BestPractice_FIReporting

Best Practices for Financial Reporting in SAP (Electronic + Print Bundle)

$99.95
This exclusive anthology of articles recently published in Financials Expert delivers unparalleled guidance on how to optimize financial reporting processes with SAP applications. Discover insights on how to release a standard cost estimate in the middle of the month, techniques that you can put to use immediately for automating the creation of task lists in the SAP Financial Closing Cockpit, as well as step-by-step instruction on how to optimize the bad debt process in SAP ERP Financials. And, that's just the beginning! Our expert authors explain the ins and out of how to use the SAP Enterprise Performance Management (EPM) add-in to create a dynamic rolling forecast input form as well as how to significantly improve your ability to view financial data by using the EPM add-in’s report signage parameter. Each of the articles in this compendium has not only been written by an expert, but has also been reviewed for quality, completeness and accuracy by the seasoned Financials Expert editorial team and our trusted panel of advisors. View
BestPractice_FIReporting

Best Practices for Financial Reporting in SAP (Electronic Editions)

One Comment
$79.95
This exclusive anthology of articles recently published in Financials Expert delivers unparalleled guidance on how to optimize financial reporting processes with SAP applications. Discover insights on how to release a standard cost estimate in the middle of the month, techniques that you can put to use immediately for automating the creation of task lists in the SAP Financial Closing Cockpit, as well as step-by-step instruction on how to optimize the bad debt process in SAP ERP Financials. And, that's just the beginning! Our expert authors explain the ins and out of how to use the SAP Enterprise Performance Management (EPM) add-in to create a dynamic rolling forecast input form as well as how to significantly improve your ability to view financial data by using the EPM add-in’s report signage parameter. Each of the articles in this compendium has not only been written by an expert, but has also been reviewed for quality, completeness and accuracy by the seasoned Financials Expert editorial team and our trusted panel of advisors. View
BestPractice_FIReporting

Best Practices for Financial Reporting in SAP (Print)

$89.95
This exclusive anthology of articles recently published in Financials Expert delivers unparalleled guidance on how to optimize financial reporting processes with SAP applications. Discover insights on how to release a standard cost estimate in the middle of the month, techniques that you can put to use immediately for automating the creation of task lists in the SAP Financial Closing Cockpit, as well as step-by-step instruction on how to optimize the bad debt process in SAP ERP Financials. And, that's just the beginning! Our expert authors explain the ins and out of how to use the SAP Enterprise Performance Management (EPM) add-in to create a dynamic rolling forecast input form as well as how to significantly improve your ability to view financial data by using the EPM add-in’s report signage parameter. Each of the articles in this compendium has not only been written by an expert, but has also been reviewed for quality, completeness and accuracy by the seasoned Financials Expert editorial team and our trusted panel of advisors. View

Popular Chapters

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  • Chapter 7: Phase Four: Transition

    In the final phase, transition, we go through what you can expect at go-live, followed by lengthy discussions regarding service level agreements, operations process training, and transition to cloud operations. We talk about intricacies of system stabilization and monitoring. Finally, we explore the options for business continuity and security

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  • Chapter 6: Phase Three: Build

    In the third phase, build, we walk through developing proofs of concept for your project. The chapter discusses how to take advantage of a provision-shared infrastructure, as well as strategies for building and testing that infrastructure. There is an examination on how to build and mitigate databases and applications, as well as planning the phase cutover. It also looks at automated provisioning and automated services.

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  • Chapter 5: Phase Two: Model

    The second phase of moving SAP to the cloud, model, contains an overview of the second half of onboarding to the cloud. It examples infrastructure requirements and design and walks the reader through the process of developing a workload analysis. The chapter discusses application and business process discovery as well as operational run books and migration strategy.

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From The Blog

  • Encryption

    The previous chapters [of SAP in the Cloud: Security Essentials] discussed how cloud providers can prevent an attacker from accessing your data. But what happens if an attacker does gain access? Does this mean it’s game over, data’s stolen, start running damage control? Not necessarily. This is where encryption can help you. In this chapter excerpt, we’ll cover what encryption is and how you can use it to protect your cloud-based SAP system.

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