The purpose of this presentation is to describe finance innovations in SAP S/4HANA and compare with current capabilities. It covers capabilities and improvements in key finance areas and questions that clients have. Topics covered are: accounting and close, treasury and risk management, and collaborative finance operations.
Presented at SAPPHIRE NOW & ASUG 2016.
3. What are the key business benefits of SAP Accoun)ng
empowered by S/4HANA?
As there is no limitaDon from pre-calculated aggregates
and due to the built-in harmonizaDon of Financial and
managerial accounDng, below are the key benefits:
– Personalized reports on Finance and OperaDons
– Drill-down to line item level for root cause analysis
– SegmentaDon on the fly across mulDple dimensions
– Extensibility of data model
– Immediate link between internal and external reporDng
– Reduced manual effort
SAP S/4HANA : FINANCE CAPABILITY
7. What are key improvements in Finance?
• Improved Close Efficiency and Quality
• Improved Profit Margin
• Improved Daily Financial ReporDng and Analysis
• Simplified Asset AccounDng
• OpDmized Receivables – Reduce Days Sales Outstanding (DSO)
• Improved Cash Management
• OpDmized Days Payable Outstanding, DPO
• Improved Accuracy and Agility of planning
• Reduced the risk of Fraud
• Improved visibility and ReporDng across mulD-system landscapes
• HolisDcally managed risk, and compliance to add business value
SAP S/4HANA: KEY IMPROVEMENTS
13. What are the key benefits in Asset accoun)ng?
• Flexibility concerning “Leading Valua)on”
• No more hard coupling of depreciaDon area 01
• Only one Deprecia)on Area per Valua)on necessary
• No further depreciaDon areas (Delta areas) necessary to portray a parallel valuaDon
• No restric)ons to set up different account determina)ons in different valua)ons
• Real-)me pos)ngs per accoun)ng principle/valua)on
• Common understanding of posted document
• PosDng to different periods possible (restricDon: beginning/end of FY needs to be equal)
• New transac)ons for accoun)ng principle (deprecia)on area) specific documents
• Always separate documents per accoun)ng principle (FI-AA)
• Post the values correctly right from the beginning, using mulDple parallel documents
• Smooth integra)on with Parallel Valua)on of Cost of Goods Manufactured (COGM)
• Parallel valuaDon of acquisiDon values immediately with the acDvaDon of an Asset under
ConstrucDon (AuC)
SAP S/4HANA: NEW ASSET ACCOUNTING
14. What are the New features in Asset accoun)ng?
• Removal of redundancies:
• ReconciliaDon between G/L and AA is ensured by design!
• No reconciliaDon-step in financial close needed anymore.
• All non-staDsDcal items are updated as Universal Journal Entries.
• ReporDng based on line items – removal of totals
• Deprecia)on in full detail
• DepreciaDon posDng per single asset
• ReporDng on any CO-object by single asset enabled
• Fast close and So close
• Plan values at real-Dme – updated with every master data change and every asset
transacDon
• Speed up of depreciaDon run by a factor of 4,7
• PosDng run fully obsolete: real-Dme update of assets in all cases.
SAP S/4HANA: NEW ASSET ACCOUNTING
18. SAP S/4HANA: FINANCE MIGRATION
• Training on G/L in SAP AccounDng
• Blueprint for G/L configuraDon
• ReconciliaDon, period-end close acDviDes, reporDng snap shots for comparison
• InstallaDon of the Financials Add-On
• CreaDon of back-up tables
• ReconciliaDon & Checks
• Data transfer from classic G/L to G/L in SAP AccounDng
• ReconciliaDon & checks auer data transfer
• MigraDon of financial data (for GL/AP/AR/CO) – due to dropped totals tables, etc.
• ReconciliaDon & checks auer migraDon
• Cold parDDon for old index tables
• AcDvaDon of GL of SAP AccounDng and configuraDon for asset accounDng
• ReconciliaDon / comparison of financial KPI‘s
• Process tests
Prepara)on
Installa)on of
Financials
Add-on
Data Transfer *
Data Migra)on
Post Processing
Please explain the high level migra)on steps
24. APPENDIX – S/4HANA TECHNICAL CHANGES
• Index tables removed Aggregate tables removed
BSIS Index for G/L Accounts
BSAS Index for G/L Accounts (Cleared Items)
BSID Index for Customers
BSAD Index for Customers (Cleared Items)
BSIK Index for Vendors
BSAK Index for Vendors (Cleared Items)
BSIM Index, Documents for Material
FAGLBSIS Index for G/L Accounts – New G/L
FAGLBSAS Index for G/L Accounts – New G/L
(Cleared Items)
GLT0 General Ledger: Totals
GLT3 Summary Data PreparaDons for ConsolidaDon
FAGLFLEXT New General Ledger: Totals
KNC1 Customer master (transacDon figures)
LFC1 Vendor master (transacDon figures)
KNC3
Customer master (special G/L transacDon
figures)
LFC3 Vendor master (special G/L transacDon figures)
COSS Cost Totals for Internal PosDngs
COSP Cost Totals for External PosDngs
28. GENERAL LEDGER: TECHNICAL CHANGES WITH SIMPLE FINANCE 2.0
# Data of FAGLFLEXA, FAGLFLEXT is stored in table ACDOCA.
# Data of New G/L industry tables for Public Sector and Joint
Venture AccounDng <Industry>T, <Industry>A is stored in
table ACDOCA.
# Data of customer created New G/L tables ZZ<CUST>T,
ZZ<CUST>A is stored in table ACDOCA
# A compaDbility view is provided for FAGLFLEXA.
# FAGLFLEXT is defined as (compaDbility) view.
# CompaDbility views for the New G/L industry tables are
provided: V_<Industry>A, V_<Industry>T
# CompaDbility Views are provided for customer created
New G/L tables. The views are numbered sequenDally:
ZFGLV_GLTT_Cx and ZFGLV_GLSI_Cx, where x is a number.
# Access to old data in tables sDll possible via the views
V_<TABLENAME>_ORI (e.g. V_FAGLFLEXA_ORI) .
# The old data of FAGLFLEXT is stored in table
FAGLFLEXT_BCK
# Customers that want to access old data in customer
defined New G/L tables have to create views in the data
dicDonary. As template, V_FAGLFLEXA_ORI can be used
FAGLFLEXT
FAGLFLEXA
ACDOCA
ZZ<CUST>T
<Industry>T
ZZ<CUST>A
<Industry>A