What is Universal Journal in S/4HANA and Why CFOs love it?
The Universal Ledger, also known as the Universal Journal, is a core feature of SAP S/4HANA that consolidates financial and controlling data into a single, unified table called ACDOCA. It aims to simplify and streamline financial processes by providing a comprehensive view of all transactional data in real-time. In traditional SAP ERP systems, financial and …
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