Professional Services in SAP Cloud ERP 2602 | Release Highlights

Discover how SAP Cloud ERP 2602 empowers Professional Services teams with smarter billing, stronger project control, and deeper visibility into intercompany cost flows: helping you accelerate cash flow and strengthen end-to-end transparency. In this highlight tour, the digital avatar from the Product Success Enablement team shares updates prepared by Katharina Stopf and SAP product management. The focus: reducing friction in internal project management, improving financial control across entities, and enabling billing to move forward even when plans don’t perfectly match the work delivered. 🔄 Intercompany cost allocations reconciliation (enhanced visibility) — The review booklet now links billed entries to the receiver’s FI journal entries and related expenses, so you can spot billing gaps faster and fix them quickly. 📁 Editable internal projects in Project Control – Professional Services — You can now edit internal projects directly in the app, assign future-start team members, and open billing plan details from billing due dates. 💸 Ad-hoc project billing for time & expenses and usage-based contracts — If there’s no matching billing plan item, you can still create the Billing Document Request. The system auto-creates the needed billing plan item (due today), removing blockers and speeding billing to support better DSO. 00:00 - Welcome & introduction 00:22 - Intercompany cost allocations reconciliation enhancements 01:18 - Adjusting internal projects within professional services project 02:12 - Time and expense billing without open billing plan item 03:17 - Summary & wrap-up • Read more about the latest Professional Services innovations in SAP Cloud ERP 2602: https://sap.to/6059C755B • Check out the SAP Cloud ERP Community: https://sap.to/6055CIrvT Explore SAP Cloud ERP innovations: https://sap.to/6056CIrvp #SAPCloudERP #ERP #ProfessionalServices