If you’ve been keeping up with my blog posts lately you’ll know I’ve come to adding a few news posts from around the web on this subject. I’ve got a couple more today that are new and updated, so let me know what you think of em…

Learn SAP — Batch Data Communication BDC

In this post let us see how to use BDC on a program or function module to input from a text file or excel in batch mode. If Read More »

Nine Reasons Why Mentoring Matters To You

There are many roles we play or hats we wear in our lives. We are professionals, family members, brothers, sisters, co-workers, leaders, coaches, friends, parents, and neighbors to name just a few. While you may not wear all of the hats I listed, you can likely add several more that I left out! Many of these roles are a given – we don’t have much choice of having the role – they come with being a responsible adult.

Because of these many roles, we find ourselves very busy. Many tasks and priorities find us perhaps busier now than we have ever been before!

With these two factors, many roles and little time, it may seem absurd to write an article that encourages taking on yet another role and adding another task to your over-booked calendar. But that is exactly what I am going to do. In this article I’m going to show you why, despite the competition for our time and energy, being a mentor is one of the best things you can do.

There are many reasons why being a mentor is valuable to the other person. They get the value of your expertise, knowledge, and experience. They get a chance to advance more rapidly and create greater success than they would have been able to without your insight and advice. While these are altruistic reasons, they don’t say anything about how you benefit. And while we all like to help others, sometimes we need to see what is in it for us as well.

There are benefits to you personally to spending your time and energy, sharing your expertise with others as a mentor. In fact, there are at least nine benefits that you might derive from being a mentor. These include:

You’ll develop a close relationship with your mentee. We can never have enough close relationships. And chances are the person you mentor will be someone you benefit from being around. After all, they are interested in improving themselves, care about learning, and are likely excited about the possibilities in their future. Which brings me to the second benefit…

You’ll be re-energized personally. Get around someone enthusiastic, and you naturally become more enthusiastic yourself. Some activities sap our energy while others spark it. Being a mentor is like carrying a book of matches with you. If you want to re-ene
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rgize yourself to your own possibilities, be a mentor.

You’ll increase your commitment to your own career and organization. This one applies most if you are mentoring in a business situation. You can see how this would happen – as you get more enthused, you see new ways you can contribute. You see how your mentee can make a difference in the organization and this new vision will increase your commitment.

You’ll learn more by talking about and teaching things. It is funny how our brains work. When we teach something or explain something to someone else, we then understand it more clearly ourselves. As a mentor you will relive experiences, teach or share ideas. And when you do this you will learn and re-learn these concepts for yourself. Often you will find yourself “taking your own advice” to your great personal or professional benefit.

You’ll expand your impact in your organization. Not only will your personal commitment grow, but as you help others be more successful, the organization will succeed at higher levels. Think of the satisfaction you will get from knowing you are playing a part in making that happen.

You’ll enhance your self-esteem. It just feels good to help others. You will feel better about yourself and your abilities when you share your wealth of knowledge and experience with others. Your self esteem will rise because you are doing good things for someone else.

You’ll increase your skills. As you mentor others, you will become a better mentor. The skills that make you a better mentor; empathy, listening, caring, building trust (to name just a few), make you more effective in many other parts of your life. Being a mentor is actually great training in itself!

You’ll grow more confident. The culmination of many of these other benefits is that your confidence will increase. You’ll be more confident in many sorts of interpersonal relationships and conversations. You’ll know that you can have a positive impact. You’ll know that you can make a difference.

You’ll leave a legacy. Successful athletic coaches do more than grow their teams and win lots of games. The best also create a linage of coaches that leave their staff to become head coaches as well. This is an important legacy that they leave – a statement of their influence and impact. By mentoring others with care and compassion you will be adding directly to your legacy.

Take minute now to be selfish. Think about yourself as a mentor. Identify what you see as being in it for you. Envision how it will feel to give back to someone else. Then go out and become a mentor – you, along with your mentee, will be glad you did!

By: Kevin

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Kevin is a leadership expert and the Chief Potential Officer of The Kevin Eikenberry Group (KevinEikenberry.com), a learning consulting company. To receive a free Special Report on leadership that includes resources, ideas, and advice go to www.kevineikenberry.com/leadership.asp or call us at (317) 387-1424 or 888.LEARNER.

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Laying the Foundations of Your Business

Organizational structures occur in all important functional areas of the SAP system. The most important organizational elements in Financial Accounting are the company code and the business area. The most important organizational element of the Controlling application is the controlling area.

A company code is an independent accounting entity (the smallest organizational element for which a complete self-contained set of accounts can be drawn up). Example: a company within a corporate group. A company code has a unique, four-character key, which can be alphanumeric.

The general ledger is kept at the company code level and is used to create the legally required balance sheets and profit-and-loss statements for the company code. A company code is specified on every financially based transaction of mySAP ERP. This is done either manually or by deriving the company code from other data elements.

The business segments, or branches, in which a group operates can be set up in the SAP system as business areas. Business areas provide an additional evaluation level for segment reporting, for example. Use of business areas is optional.

Business areas are generally company-code independent. You can post to them from any company code. The Business area field shows up as an additional account assignment when posting to an account as long as the field is turned on in configuration. The field can be made a required entry during posting.

If certain company codes are not active in specific business areas, you can use a validation to prevent postings to this business area from the company codes specified.

To Learn more about SAP visit SAP Database and SAP Forums

– About Me
The Author is a SAP Consultant and has a SAP Blog and provides free information on SAP learning.