TM Freight Accounting and Material Valuation

Introduction:

Software-as-a-Service (SaaS) or Public Cloud Edition of SAP S/4 HANA, has high standardization and less flexibility to configure/modify. The common perception is that S/4 HANA Cloud Public Edition does not have some functionalities catering to complex business processes. However, more features are added by SAP regularly. As of now, every year there are 2 major releases in February and August. Smaller fixes are released during these major releases. Systems are upgraded automatically during this release cycle. Hence, it is important to keep track of the available functionalities in each release and frequently monitor the roadmap, so that companies can evaluate the product’s suitability to their business requirements. In this blog, a relatively complex freight accounting requirement is addressed to showcase the breadth and depth of S/4 HANA Public Cloud Edition.