Happy New Year-2010
from Atul Kaushik!
Thursday, December 31, 2009
Wednesday, December 30, 2009
A Thwarted Day, Ha!
A Thwarted Day, Ha!
Today was the very hectic day, boy. Yes... I’m working in holiday seasons. As there are lots of task on my plate and the major one is testing Revenues sharing rules. As our UAT testing is going to be started in New Year that’s mean next week. My major concern is Revenue sharing is still not fixed. I’m not feeling confident to let this shit pass to UAT and then to Prod. So I told this to my Project Manager and guess what; what was her reaction, “Ya I know that, but we still are going with Revenue sharing in prod with know defects”. Ha!
Anyway, so we have that chunk (Revenue sharing) to test in QA region and in morning we were told that QA region is down and it will be down till next day for refresh Ha!. Ok so we can’t test in QA region. Then PM said do some test in upper tier T3. We started to test in T3 for our UAT, but T3 is also broken. Our SAP/Java and web server were down, Ha!. At around afternoon we get final Yes from Netweaver to go and do Revenue sharing testing in T3. Guess what Revenues sharing functionality is broken in T3, why? The transports related to Revenue sharing were not in T3, Ha!. Dam developer and Netweaver forget to move big junk of transports in T3.
I got an email from, Netweaver, “All transports related to Revenues sharing were in T3, go and test”. Ok when I try to run Revenue sharing program in SAP CML, guess what it still not working getting an error.
I further investigate why the hell it’s not working? The reason was that a SAP is taking data from oracle tables and those oracle tables were not created in T3 while doing deployment in T3. Why, because someone forget to add the steps in deployment check to, “Run script to create oracle table in T3” Ha!
So in the entire day I was like investigator, who was investing, why the hell Revenue sharing is not working in T3 and I did no testing related to my task.
In this way my day END, Ha!
Today was the very hectic day, boy. Yes... I’m working in holiday seasons. As there are lots of task on my plate and the major one is testing Revenues sharing rules. As our UAT testing is going to be started in New Year that’s mean next week. My major concern is Revenue sharing is still not fixed. I’m not feeling confident to let this shit pass to UAT and then to Prod. So I told this to my Project Manager and guess what; what was her reaction, “Ya I know that, but we still are going with Revenue sharing in prod with know defects”. Ha!
Anyway, so we have that chunk (Revenue sharing) to test in QA region and in morning we were told that QA region is down and it will be down till next day for refresh Ha!. Ok so we can’t test in QA region. Then PM said do some test in upper tier T3. We started to test in T3 for our UAT, but T3 is also broken. Our SAP/Java and web server were down, Ha!. At around afternoon we get final Yes from Netweaver to go and do Revenue sharing testing in T3. Guess what Revenues sharing functionality is broken in T3, why? The transports related to Revenue sharing were not in T3, Ha!. Dam developer and Netweaver forget to move big junk of transports in T3.
I got an email from, Netweaver, “All transports related to Revenues sharing were in T3, go and test”. Ok when I try to run Revenue sharing program in SAP CML, guess what it still not working getting an error.
I further investigate why the hell it’s not working? The reason was that a SAP is taking data from oracle tables and those oracle tables were not created in T3 while doing deployment in T3. Why, because someone forget to add the steps in deployment check to, “Run script to create oracle table in T3” Ha!
So in the entire day I was like investigator, who was investing, why the hell Revenue sharing is not working in T3 and I did no testing related to my task.
In this way my day END, Ha!
Friday, December 25, 2009
Sunday, December 20, 2009
Common SAP CML/Banking Terms
Some more terms in this post:
Liability/Debt:A financial obligation or debt of a business arising from a past transaction that is to be paid in the future.
Limited Partnership:A partnership in which one or more of the partners have had their liability for the debts of the partnership limited to their contributed capital.
Living Costs:Personal drawings from the business not including fees or salaries paid to shareholders or management that are included in expenses.
Liquidity:Includes working capital, quick ratio, collection period, inventory turnover, bank support. Measures the enterprise's capacity to meet current obligation using its most liquid assets and short-term financing opportunities.
Long-Term Debt/Long Term Liabilities:A debt with a maturity date beyond one year from the date of the balance sheet or beyond the normal operating cycle (where the cycle is longer than one year). Long-term debt excludes that portion of the debt principal due within one year.
Machinery, Equipment & Vehicles:Includes all machinery and equipment owed by the business. On a corporate financial statement is usually recorded at purchase cost less accumulated depreciation and includes direct purchase and installation expenses.
Mandatory Inventory Adjustment:An adjustment usually made to expenses or net farm income for tax purposes. These adjustments do not reflect actual values of inventory on hand and should not be included in net income calculations for analysis purposes.
Net Farm Income/ Net Profit or Loss:The excess of revenues over expenses for a given period of time. If expenses exceed revenue, the difference is called net loss.
Non-Cumulative Stock:That part of issued stock for which settlement has been received.
Off-farm Income (net):Employment, investment or business income earned outside of the farm operation less all deductions from source including income taxes, CPP and EI premiums. This amount does not include capital gains reported on the tax return.
Operating expenses:Gross expenses less term interest, depreciation, land rent and property taxes.
Operating Expenses (AGRIBEX):Usually contains expenses directly related to selling and promoting business products or services.
Operating loan/ Line of credit: Cash advance to a business to pay for operating costs. This loan usually provides for repayment within one year or the normal operating cycle.
Optional Inventory Adjustment: An adjustment usually made to expenses or net farm income for tax purposes. These adjustments do not reflect actual values of inventory on hand and should not be included in net income calculations for analysis purposes.
Other Income: All income not included in revenue, gain on disposal or extraordinary income.
Paid-up Capital: That part of issued capital for which settlement has been received.
Participating Stock: A class of preferred capital stock that, in addition to providing a dividend at a fixed or determinable annual rate, participated with common stock in the distribution of profits and sometimes in the residual distribution at liquidation of company.
Liability/Debt:A financial obligation or debt of a business arising from a past transaction that is to be paid in the future.
Limited Partnership:A partnership in which one or more of the partners have had their liability for the debts of the partnership limited to their contributed capital.
Living Costs:Personal drawings from the business not including fees or salaries paid to shareholders or management that are included in expenses.
Liquidity:Includes working capital, quick ratio, collection period, inventory turnover, bank support. Measures the enterprise's capacity to meet current obligation using its most liquid assets and short-term financing opportunities.
Long-Term Debt/Long Term Liabilities:A debt with a maturity date beyond one year from the date of the balance sheet or beyond the normal operating cycle (where the cycle is longer than one year). Long-term debt excludes that portion of the debt principal due within one year.
Machinery, Equipment & Vehicles:Includes all machinery and equipment owed by the business. On a corporate financial statement is usually recorded at purchase cost less accumulated depreciation and includes direct purchase and installation expenses.
Mandatory Inventory Adjustment:An adjustment usually made to expenses or net farm income for tax purposes. These adjustments do not reflect actual values of inventory on hand and should not be included in net income calculations for analysis purposes.
Net Farm Income/ Net Profit or Loss:The excess of revenues over expenses for a given period of time. If expenses exceed revenue, the difference is called net loss.
Non-Cumulative Stock:That part of issued stock for which settlement has been received.
Off-farm Income (net):Employment, investment or business income earned outside of the farm operation less all deductions from source including income taxes, CPP and EI premiums. This amount does not include capital gains reported on the tax return.
Operating expenses:Gross expenses less term interest, depreciation, land rent and property taxes.
Operating Expenses (AGRIBEX):Usually contains expenses directly related to selling and promoting business products or services.
Operating loan/ Line of credit: Cash advance to a business to pay for operating costs. This loan usually provides for repayment within one year or the normal operating cycle.
Optional Inventory Adjustment: An adjustment usually made to expenses or net farm income for tax purposes. These adjustments do not reflect actual values of inventory on hand and should not be included in net income calculations for analysis purposes.
Other Income: All income not included in revenue, gain on disposal or extraordinary income.
Paid-up Capital: That part of issued capital for which settlement has been received.
Participating Stock: A class of preferred capital stock that, in addition to providing a dividend at a fixed or determinable annual rate, participated with common stock in the distribution of profits and sometimes in the residual distribution at liquidation of company.
Saturday, December 19, 2009
Common SAP CML/Banking Terms
This is second post of SAP CML/Banking common terms.
Shareholder Loans: The amount that a company owes to its shareholders. Most shareholder loans have no interest rate or fixed repayment terms.
Revenue/Sales: The value of all goods produced and sold and all services rendered during the fiscal period from the operation of the business.
Rollover: A term used to describe a transaction under which no gain or loss is recognized for tax purposes, so that the tax cost of an asset is "rolled over" to another asset or another taxpayer.
Selling Expenses: All expenses relating directly to selling and promoting company products or services.
Share Capital: Another name for capital stock.
Shareholders' Equity: The excess of assets over liabilities.
Par Value: A value printed on the face of the security certificate.
Periodic Inventory Method: An inventory accounting system that requires a physical count of inventory to determine the final amounts of raw materials, work in process, and finished goods, and hence also the cost of goods sold.
Perpetual Inventory Method: An inventory accounting system whereby a continuous record is kept that tracks raw material, work in progress, finished goods and cost of goods sold on a day-to-day basis.
Preferred Stock: A class of capital stock with special rights or restrictions, as compared with other classes of stock of the same company. The preference will generally relate to the distribution of dividends at a fixed or determinable annual rate, with or without priority for return of capital on liquidation. The restrictions generally apply to voting rights.
Prepaid Expenses: The unused total at the statement date of any item paid for in advance (insurance premiums, fall applied fertilizer).
Principal Payments: The current portion of long-term debt from the opening balance sheet. (The principal payment for the year ending December 31, 1998 would be the current portion of long-term debt that appeared on the balance sheet dated December 31, 1997 as that is the amount of principal that was scheduled to be paid in the year ending December 31 1998). If historical balance sheets are not available, the actual principal paid during the period is used.
Proformance Statements: A projection of what costs and revenue should be.
Forecast Provision for Bad Debts: A reserve account to allow for customers who cannot pay.
Quota: An intangible asset that is a license, or right, to sell a certain amount of a specific commodity.
Residual After Debt Service: Debt service capacity minus debt service requirements.
Residual for Growth: Residual after debt service minus depreciation plus principal payments. Represents the funds available for growth or investment.
Retained Earnings/Deficit: The accumulated balance of net income in excess of net losses of an incorporated business after any dividends and other appropriate charges or credits. A negative retained earnings balance is termed "deficit."
Shareholder Loans: The amount that a company owes to its shareholders. Most shareholder loans have no interest rate or fixed repayment terms.
Revenue/Sales: The value of all goods produced and sold and all services rendered during the fiscal period from the operation of the business.
Rollover: A term used to describe a transaction under which no gain or loss is recognized for tax purposes, so that the tax cost of an asset is "rolled over" to another asset or another taxpayer.
Selling Expenses: All expenses relating directly to selling and promoting company products or services.
Share Capital: Another name for capital stock.
Shareholders' Equity: The excess of assets over liabilities.
Par Value: A value printed on the face of the security certificate.
Periodic Inventory Method: An inventory accounting system that requires a physical count of inventory to determine the final amounts of raw materials, work in process, and finished goods, and hence also the cost of goods sold.
Perpetual Inventory Method: An inventory accounting system whereby a continuous record is kept that tracks raw material, work in progress, finished goods and cost of goods sold on a day-to-day basis.
Preferred Stock: A class of capital stock with special rights or restrictions, as compared with other classes of stock of the same company. The preference will generally relate to the distribution of dividends at a fixed or determinable annual rate, with or without priority for return of capital on liquidation. The restrictions generally apply to voting rights.
Prepaid Expenses: The unused total at the statement date of any item paid for in advance (insurance premiums, fall applied fertilizer).
Principal Payments: The current portion of long-term debt from the opening balance sheet. (The principal payment for the year ending December 31, 1998 would be the current portion of long-term debt that appeared on the balance sheet dated December 31, 1997 as that is the amount of principal that was scheduled to be paid in the year ending December 31 1998). If historical balance sheets are not available, the actual principal paid during the period is used.
Proformance Statements: A projection of what costs and revenue should be.
Forecast Provision for Bad Debts: A reserve account to allow for customers who cannot pay.
Quota: An intangible asset that is a license, or right, to sell a certain amount of a specific commodity.
Residual After Debt Service: Debt service capacity minus debt service requirements.
Residual for Growth: Residual after debt service minus depreciation plus principal payments. Represents the funds available for growth or investment.
Retained Earnings/Deficit: The accumulated balance of net income in excess of net losses of an incorporated business after any dividends and other appropriate charges or credits. A negative retained earnings balance is termed "deficit."
Saturday, December 5, 2009
Common SAP CML/Banking Terms
Common SAP CML/Banking Terms
I changed the old template and envisage this new fresh template, let me know what you feel about this template.
I got lots of emails from readers who are asking to post something about common SAP CML and banking business terms, which are used while writing tons of documents. So I’m starting this series of post about common SAP CML/Banking Terms. This is the first post of that series.
Term Liability:That portion of a term loan that does not come due within the next 12 months (mortgages, equipment loans).
Term Interest Expense:The amount of interest expenses on term loans. Does not include interest paid on operating loan or line of credit.
Universality of goods or category of goods (Civil Law): In Civil Law, to hypothecate the goods to be acquire per the borrower/debtor, the hypothec must cover the universality of goods or a category of goods. The goods include into the hypothec on universality can be on movables or immovable, for a category or for all goods and the description of the hypothecated goods will be completed by the mention ‘’ present and future acquired goods’’ what is cover the future goods in the same category or those acquired in replacement.
Stated Capital:A term used in corporate legislation to designate the aggregate consideration received by a corporation on the issue of share capital.
Stock Split:The issuance of additional shares for no consideration and under conditions indicating that the objective is to increase the number of outstanding shares for the purpose of reducing their unit market value.
Tangible Assets:Something substantial or real that is capable of being appraised at an actual or approximate value.
Variable Cost:A cost that is uniform per unit, but that fluctuates in total in direct proportion to changes in the related total activity or volume.
Term Asset:Tangible or intangible asset usually involved in the production of goods and services rather than held for resale and has an economic life greater than one year. These assets are used for more than one year (land, buildings, equipment, quota).
Unissued Capital:The portion of authorized capital stock for which no shares have been issued.
Work in Progress:The cost of uncompleted goods still on the production line.
Working Capital:Current assets minus current liabilities
I changed the old template and envisage this new fresh template, let me know what you feel about this template.
I got lots of emails from readers who are asking to post something about common SAP CML and banking business terms, which are used while writing tons of documents. So I’m starting this series of post about common SAP CML/Banking Terms. This is the first post of that series.
Term Liability:That portion of a term loan that does not come due within the next 12 months (mortgages, equipment loans).
Term Interest Expense:The amount of interest expenses on term loans. Does not include interest paid on operating loan or line of credit.
Universality of goods or category of goods (Civil Law): In Civil Law, to hypothecate the goods to be acquire per the borrower/debtor, the hypothec must cover the universality of goods or a category of goods. The goods include into the hypothec on universality can be on movables or immovable, for a category or for all goods and the description of the hypothecated goods will be completed by the mention ‘’ present and future acquired goods’’ what is cover the future goods in the same category or those acquired in replacement.
Stated Capital:A term used in corporate legislation to designate the aggregate consideration received by a corporation on the issue of share capital.
Stock Split:The issuance of additional shares for no consideration and under conditions indicating that the objective is to increase the number of outstanding shares for the purpose of reducing their unit market value.
Tangible Assets:Something substantial or real that is capable of being appraised at an actual or approximate value.
Variable Cost:A cost that is uniform per unit, but that fluctuates in total in direct proportion to changes in the related total activity or volume.
Term Asset:Tangible or intangible asset usually involved in the production of goods and services rather than held for resale and has an economic life greater than one year. These assets are used for more than one year (land, buildings, equipment, quota).
Unissued Capital:The portion of authorized capital stock for which no shares have been issued.
Work in Progress:The cost of uncompleted goods still on the production line.
Working Capital:Current assets minus current liabilities
Subscribe to:
Posts (Atom)