Conto pro Diabolo (One-time accounts), a.k.a. the “Devil’s Account”

As a follow-up to our blog topic on the usage of one-time accounts, we received an email from one of our loyal readers, who reported two scenarios that he has encountered in practice that we felt it was important to share with you. One of them relates to the highly topical subject of electronic invoices (e-invoices) […]

How to Solve One of the Biggest Problems with VAT stated

While you can find the customer’s Value Added Tax (VAT) ID in the master data in SAP and it is used as a template for invoices, the stated amount of VAT is found in the transaction data. As a rule of thumb, if a delivery or other service is delivered to a company in another European country, […]

How to analyze your own payment behavior in SAP

Do you actually know how many days it takes for an invoice to be balanced / paid in your company? You don’t? Or whether you may have missed the opportunity to benefit from cash discounts? You don’t know that either? Then you should definitely not miss this blog article under any circumstances. Part IV of […]

Revised terms of payment: How to clean up your vendor master data

After analyzing all vendors with bad or unsuccessful payment terms in the last blog post, we now want to gain a deeper insight into the various respective terms of payment. Part III of the series: “Payment terms in vendor master data” 1. Are you failing to benefit from cash discounts due to poorly maintained payment terms […]

Two steps to analyze bad payment terms in SAP

In today’s blog post I would like to show you how you can identify suppliers with no or bad payment terms in SAP, thus enabling you to conduct an audit of your payment terms quickly and efficiently! Part II of the series: “Payment terms in vendor master data” 1. Are you failing to benefit from cash […]