… and the Greek President yawned

Welcome to Verity TV. Earlier today, we brought to you the progress in the Greek elections. A pro-bailout party has won the most number of seats in Greece; world economy is frenzied with what will happen next. The President of the United States has hailed this election as “a win for the common man; a win for freedom of speech;…

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Commitment Management in SAP #3 Activation

Overview Commitment Management in SAP tracks future commitments against cost objects; this enables users to make a realistic comparison of actual cost plus committed cost against plan / budget on that cost object. Commitments are made when user creates purchasing document to purchase goods or services at a future date. Comparing actual against budget is misleading unless you factor in…

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Commitment Management in SAP #2 The process

Overview Commitment Management in SAP tracks future commitments against cost objects; this enables users to make a realistic comparison of actual cost plus committed cost against plan / budget on that cost object. Commitments are made when user creates purchasing document to purchase goods or services at a future date. Comparing actual against budget is misleading unless you factor in…

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