R To R Process In Sap

R To R Process In Sap

The R to R process in SAP refers to the Return to Vendor (RTV) or Return Material Authorization (RMA) process. It involves returning defective or unwanted goods back to the vendor for repair, replacement, or credit. This article will provide an overview of the R to R process in SAP and discuss its importance in managing returns effectively within a business organization.

Standard Bots –

This bot collects the journal entry templates from the user’s mailbox and uploads them using the standard Fiori application. Afterwards, the user gets notified on the status of the upload, receiving a list of accepted and rejected entries with the explanation included in the application log. This bot works on both SAP S/4HANA Cloud and on premise 1809, 1909, 2020 and beyond.

The bot is designed to gather General Ledger Journal upload templates from Microsoft Outlook, verify the information, and then input the entries into SAP S/4HANA systems using an API.

The process of creating manual accruals can be repetitive and time-consuming. It involves transferring data from a spreadsheet to the accounting system through copy/paste actions. Sometimes, accountants have to manually create accrual objects when purchase orders are not generated in a timely manner. This requires gathering information from the business and manually generating documents. However, with the help of this bot, we can automate the entire accrual creation process. The bot is compatible with both SAP S/4HANA Cloud(EX) and on-premise versions 1809, 1909, 2020, and future releases.

Automated creation of GL re-classification postings (5AK) is a process in SAP that generates the necessary journal entries automatically. This functionality eliminates the need for manual entry and ensures accuracy and efficiency in financial transactions.

The bot verifies the journal entries that are made using certain company codes and G/L accounts. It then rearranges these entries by moving the amounts to different G/L accounts according to pre-set mapping rules. The modified journal entries are generated as Excel templates. This bot is designed for use on SAP S/4HANA Cloud platform.

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Demo: Automated Generation of GL Re-class Postings can be exemplified as the process where GL reclassification postings are created automatically. This demonstration showcases how this task can be accomplished without manual intervention, thereby saving time and effort.

The exclusion of inconsistent new-GL open items for migration cockpit (4JD) is not uniform and can vary.

The R to R process in SAP involves a two-step approach where an automated bot runs a report to identify inconsistent documents and then removes them from the SAP S/4HANA On-Premise 1909 system. Currently, transferring information between different frameworks like readiness check and migration cockpit requires significant effort due to the large amount of data involved. Maintaining data consistency during migration is a complex challenge when transitioning to the SAP System. This bot simplifies the tasks of both SAP S/4HANA users handling data migration projects and core business users making critical business decisions.

All the pre-existing Bots mentioned are readily accessible in the Intelligent RPA Store.

Building custom bots has become easier with the introduction of SAP Intelligent Robotic Process Automation 2.0, which utilizes a no code/low code approach. This allows users to create bots without extensive programming knowledge or skills.

The following illustrations demonstrate various methods for creating personalized bots to address specific scenarios in the RTR process.

Demo: SAP Intelligent RPA 2.0 Automation – Easily automate Outlook and email activities

Example: SAP Intelligent RPA 2.0 Automation demonstration showcases the utilization of SAP Logon Pad and SAP GUI for automating tasks.

Embedded Analytics for Reporting in SAP

In SAP S/4HANA Cloud and on-premise systems, we have access to embedded Analytics that provide us with up-to-date information through Analytical Apps, Dashboards, and Data Analyzer.

Analytical Apps:

General Ledger Overview – This analytical overview app allows you to track key indicators in general ledger accounting and access the corresponding apps for general ledger accounting.

Dashboards:

This application is utilized to showcase reports on group financial statements.

Data Analyzer:

– Analyze combined financial statements, such as balance sheets and profit and loss statements, by examining specific aspects.

– Utilize this application to conduct on-the-spot analyses for reports based on rules, such as cash flow statements, statement of changes in equity, and comprehensive income statements. This can be done by focusing on specific dimensions.

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– Compare cash flow over time using the timestamp feature in SAC (SAP Analytics Cloud).

Additionally, it is possible to generate personalized analytical reports and dashboards. For more information on this, please refer to the blog post titled “Custom Stories/Dashboards” and the frequently asked questions section on Embedded Analytics.

SAP Intelligent Robotic Process Automation 2.0: Key Highlights

Creating custom bots has become easier with the use of a no code/low code approach. This approach simplifies the process and eliminates the need for extensive coding knowledge.

Creating bots has become more accessible and user-friendly, allowing even those without extensive technical knowledge, such as business process experts, to easily build bots using a simple drag-and-drop interface.

Furthermore, you now have the ability to track and oversee the Bots on CALM.

Introducing SAP Intelligent RPA 2.0: Empowering all with hyper automation.

Embrace the next level of automation with SAP Intelligent RPA 2.0 and be a part of the future. Discover the power of advanced technology that revolutionizes business processes.

SAP Intelligent RPA has introduced new features and enhancements specifically for SAP S/4HANA Cloud 2102. These updates bring improvements to the automation capabilities, making it more efficient and effective in performing tasks within the SAP system.

SAP Note 2788986 – Release Strategy for SAP Intelligent RPA

Experience the benefits of SAP Intelligent RPA at no cost with our free trial version. Get access to pre-built bots that can automate various tasks and streamline your processes.

Business Transformation as a Service, known as Rise with SAP, provides various solutions and services to support businesses in their transformation journey. This offering aims to help companies achieve growth and success by leveraging the capabilities of SAP.

Discover: Details about the product | Examples of successful implementation.

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Stay connected and stay updated with the latest advancements in Intelligent Technologies through SAP S/4HANA Cloud. Keep yourself informed about the newest developments without expanding on the subject matter.

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What does the R to R process entail?

Record to report (R2R) is a finance and accounting management process that involves collecting, processing and presenting accurate financial data. R2R provides strategic, financial and operational feedback on the performance of the organization to inform management and other stakeholders.

The meaning of RTR in SAP

RTR, which stands for Record to Report, is a crucial process in SAP that involves the end-to-end management of financial transactions and reporting. It encompasses various activities such as recording financial data, preparing financial statements, conducting audits, and ensuring compliance with regulatory requirements. The RTR process plays a vital role in providing accurate and timely financial information to stakeholders for decision-making purposes.

Similarly, OTC or Order to Cash is another important process in SAP that covers the entire lifecycle of an order from its placement by a customer to the receipt of payment. This includes activities like order processing, inventory management, shipping goods or services to customers, generating invoices, and collecting payments. The OTC process aims at streamlining sales operations while ensuring efficient cash flow management.

On the other hand, PTP or Procure to Pay refers to the end-to-end procurement cycle within SAP. It involves all steps starting from identifying purchasing needs through requisitioning goods or services until making payments to suppliers. The PTP process includes tasks like vendor selection and evaluation, purchase order creation and approval workflows, receiving goods or services into inventory systems accurately along with invoice verification before finalizing payments.

Lastly,the Plan To Produce(PTP)process focuses on managing production planning activities within SAP.This entails creating production plans based on demand forecasts,scheduling manufacturing orders,maintaining material availability,and monitoring production progress.PTP integrates various functions including materials requirement planning,bill of materials maintenance,capacity planning,and shop floor control.It enables organizations to optimize their production processes,reduce costs,and meet customer demands efficiently.

The R2R process in s4 Hana: What is it?

The SAP Record-to-Report process in India helps businesses achieve their goals by leveraging intelligent automation, machine learning, and advanced analytics. This enables companies to minimize risks and decrease the time and expenses associated with generating accounting postings, financial consolidation, and reporting.