guide your sap s/4hana project to success unit 2: sap s

Guide Your SAP S/4HANA Project to Success

Unit 2: SAP S/4HANA – Finance Essentials

2PUBLIC© 2020 SAP SE or an SAP affiliate company. All rights reserved. ǀ

SAP S/4HANA – Finance Essentials

Question 1

“What are the important

finance changes to be

expected in

SAP S/4HANA?”



Executive Summary: Finance-related differences between ERP and SAP S/4HANA

See SAP Notes for more information on the Simplification Items

Secondary Cost Elements

SAP Notes 2270339, 2270419

Business Partner

SAP Notes 2265093, 2713963

SAP Credit Management

SAP Note 2270544

Material Ledger

SAP Notes 2267834

Universal Journal

SAP Notes 2270333, 2344012

Compatibility views

SAP Note 1976487

Margin Analysis

SAP Notes 2349278, 2444746

Profitability characteristics

SAP Note 2439201

New SAP Cash Management

SAP Note 2270400

New Asset Accounting

SAP Notes 2270387, 2270388

New Real Estate

SAP Note 2270550

Global Trade Services

SAP Note 2439201

https://launchpad.support.sap.com/#/notes/2270339



















Question 2

“What are some of the

important finance data

model changes to be

expected in

SAP S/4HANA?”


General Ledger

Ledger Company AccountProfit

Center

Amount

1

Amount

2

Amount

3…

Management Accounting

Controlling

Area

Cost

Element

Amount

1

Amount

2

Coding

Block…

Asset Accounting

CompanyFixed

Asset…

Material Ledger

Company Material …

Universal Journal (ACDOCA)General Ledger + Management Accounting + Asset

Accounting + Material Ledger + Profitability

Benefits

➢ One line item table with full detail for all applications –

for instant insight and easy extensibility

➢ Data stored only once: reconciled by design

➢ Fast multi-dimensional reporting without replicating data to

business warehouse (BW)

➢ Secondary cost elements are now G/L accounts

All value flows in one single source

➢ Multi-dimensional G/L

➢ Parallel ledger

➢ FI & CO dimensions and amounts are now in the same line

item, extensible currencies

➢ Consistent parallel valuation (transfer prices)

Profitability Analysis

Operating

Concern

Market

SegmentCustomer Product …


SAP S/4HANA Finance: universal journal



Question 3

“I have a lot of

customizations. With

the new data model,

how do I protect my

investments?”


➢ From the perspective of an ABAP

program, nothing changed

(read access)

➢ We provide “compatibility views”

➢ Via these views, the “select” statement

is redirected to the new persistency in

SAP HANA

➢ In the example given, an access to the

table FAGLFLEXA is redirected via the

view FGLV_FAGLFLEXA to the new

universal journal entry

➢ Consequence: Customer ABAP

programs that read “FAGLFLEXA”

directly via select statements continue

to run as before

ABAP/DDIC

Select … from FAGLFLEXA

SAP HANA

Database

Table Defin.

FAGLFLEXA

FAGLFLEXA


Safeguarding customer investments – Compatibility view concept

FGLV_FAGLFLEXA

FGLV_FAGLFLEXA

ACDOCA



Question 4

“I use costing-based

profitability analysis

today. Can I continue to

use it in SAP S/4HANA?


Solution Description SAP ERP SAP S/4HANA

On-Premise

SAP S/4HANA

Cloud

Margin Analysis Profitability Analysis within the universal journal

addressing the needs of internal and external

accounting, supporting real-time derivation of

reporting dimensions and embedded analytics.Not available Recommended Mandatory

Costing-based

CO-PA

Groups revenues and costs according to value

fields and applies costing-based valuation

approaches. Data is recorded in a dedicated

persistency apart from external accounting.Available Available Not available

Account-based

CO-PA

Groups revenues and costs according to G/L

accounts. Data is recorded in external accounting

along with a separate persistency of internal

reporting dimensions.Available Not available Not available


Profitability Analysis with SAP S/4HANA – Statement of direction

Overview of Profitability Analysis solutions in accordance with the Product Availability Matrix

https://apps.support.sap.com/sap(bD1kZSZjPTAwMQ==)/support/pam/pam.html#ts=0



Question 5

“Tell me about Credit

Management options

in SAP S/4HANA.”


SAP S/4HANA Basic Credit Management

▪ manual processes

▪ credit check of sales orders

▪ documented credit decisions (DCDs)

▪ relationships for business partner

▪ payment behavior key figures

▪ 30+ SAP Fiori solutions


Credit Management options

SAP S/4HANA Cloud for credit integration

▪ Information hub between your SAP Credit Management system and external credit agencies

SAP S/4HANA Advanced Credit Management

▪ all capabilities of Basic Credit Management

plus:

▪ automated processing

▪ flexible credit checks of sales documents

▪ case management for credit limit requests and

DCD processing

▪ credit eventing to initiate workflows

▪ flexible workflow structure



Question 6

“What are my options

for financial planning?


SAP BPC

Optimized for

SAP S/4HANA

SAP BPC

Standard Model

SAP BPC

Embedded Model

▪ Flexible,

standalone

planning

solution with

data

replication.

Powerful BPC

planning tools.

SAP Analytics Cloud Integrated with SAP

S/4HANA

SAP S/4HANA ERP

Classic Planning

Transactions

SCP*On-Premise or via Managed Cloud

▪ Flexible,

standalone

planning solution

with data

replication.

Powerful BPC

and BW-IP

planning tools.

SAP HANA

in-memory

acceleration

▪ Flexible,

SAP S/4HANA

integrated

planning solution

without data

replication.

▪ Browser-based

application to

model planning

scenarios,

capture plan data

and planning

functions.

▪ Proven stable but

rigid planning

solutions. Partially

integrated

SAP BPC11.x on

SAP BW/4HANA

▪ Combination of

SAP

BW/4HANA

and BPC

planning

functionality.

▪ Runs as

standalone

solution only.

Not recommended for new SAP S/4HANA implementations

Recommended

only for real-time

planning

scenarios with

SAP S/4HANA

Recommended

for on-premise

requirements

Recommended

and preferred for

all SAP S/4HANA

deployments

*SAP Cloud Platform


Financial Planning options



Question 7

“What critical decisions

should my team

consider today before

implementing a Finance

solution in

SAP S/4HANA?”


▪ Historical data archiving

− Offload historical data to simplify consistency checks

▪ Customer Vendor Integration (CVI) conversion

− Move to a business partner-centric model in preparation for SAP S/4HANA

▪ New G/L

− Consider migrating to New G/L in current system to familiarize users with new capabilities

▪ Advanced Financial Options

− Decide on the need for advanced options such as document splitting, parallel ledgers, and additional currency

valuations

▪ SAP Fiori Implementation

− SAP Fiori content is a significant pathway for SAP to deliver new analytic content. Plan to establish a footprint to

allow exploration of the vast content available to all SAP S/4HANA users

▪ Explore Enhanced Functionality Options

− Credit Management

− Cash Management & Bank Account Management

− Margin analysis (account-based) vs. costing-based profitability analysis

▪ Evaluate Financial Planning Options

− BPC vs SAC


Critical design decisions



Question 8

“What are some of the newest

innovations in Finance that

may be considered in our

SAP S/4HANA journey to

allow our company to achieve

maximum innovation

potential?”



Contract Management

Launchpad search supportOptimized contract management

Overview:

▪ A new version of revenue

accounting contract management

is introduced in parallel with the

existing contract management.

Key Capabilities:

▪ Performance optimization

▪ Day-based contract modifications

▪ Existing database table design and

processes remain stable between

the optimized and classic contract

management.



Intercompany Matching and Reconciliation (ICMR)

Overview:

Intercompany Matching and Reconciliation (ICMR) is introduced in SAP S/4HANA1909 to speed up your intercompany reconciliation process

from company close to corporate close.

Key Capabilities:

▪ In-app collaboration

▪ Workflow features

▪ Unifies all classic ICR processes into one process

▪ Dedicated reports with the drill-through capability

Launchpad search supportIntercompany Matching and Reconciliation (ICMR)

▪ Supports multi-dimension reconciliation

▪ One data source for both company and corporate reconciliation views

▪ Powerful and easy-to-use matching rule definition

▪ User-friendly SAP Fiori apps

1. Collect Data2. Match

Documents

3. Solve

Discrepancy

4. Check

Reconciliation

Balances

Read data directly from

accounting and

consolidation journal

tables

Run matching on

aggregation or line-item

levels based on flexible

rules

Bring transparency on

reasons and solutions

for solving data

discrepancy

Multi-dimensional

reports based on

context-oriented

reconciliation cases



Accruals Management

Launchpad search support

Launchpad search supportNew SAP S/4HANA Accrual Engine

Group certain

purchase

order

Automatically

accrue POs

depending on

confidence level

Historical purchase

order data

Historical accruals

Accruals

Overview:

The (new) SAP S/4HANA Accrual Engine creates purchase order sourced accruals by accessing the required data from the Materials

Management component, transferring the data to the Accrual Engine, and then automatically calculating the amounts to be accrued and the

accrual item postings in the universal journal.

Key Capabilities:

▪ Review purchase order accruals

▪ View the details of purchase order accruals

▪ Schedule accruals jobs using provided templates



SAP Intelligent Robotic Process Automation (Intelligent RPA) solutions

Upload data through various

connectors e.g. Excel, pdf,

external apps, Web sites, 3rd party

apps, and enter in a finance

system

Log in to 15 SAP instances,

collect purchase requisitions

and distribute to SSC teams

Check ticket inbox in a

shared service center and

route to bots

Download various reports,

collate and save in shared

drive

Search invoices by reference

number in various ERP

instances

TYPICAL INTELLIGENT RPA ACTIVITIES

Launchpad search supportSAP Intelligent RPA solutions automate repetitive tasks traditionally performed by humans without modifying the business systems


▪ Update your finance strategy

▪ Start your learning journey sooner rather than later

▪ Understand the options within your scope

▪ Recognize that some changes can be implemented

before a transformation to SAP S/4HANA

▪ Recognize innovation potentials

▪ Prepare for change management


Key takeaways

Thank you.

Contact information:

[email protected]

© 2020 SAP SE or an SAP affiliate company. All rights reserved.

No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of

SAP SE or an SAP affiliate company.

The information contained herein may be changed without prior notice. Some software products marketed by SAP SE and its

distributors contain proprietary software components of other software vendors. National product specifications may vary.

These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or

warranty of any kind, and SAP or its affiliated companies shall not be liable for errors or omissions with respect to the materials.

The only warranties for SAP or SAP affiliate company products and services are those that are set forth in the express warranty

statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional

warranty.

In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or

any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation,

and SAP SE’s or its affiliated companies’ strategy and possible future developments, products, and/or platforms, directions, and

functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason

without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or

functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ

materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, and they

should not be relied upon in making purchasing decisions.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered

trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names

mentioned are the trademarks of their respective companies.

See www.sap.com/copyright for additional trademark information and notices.

www.sap.com/contactsap

Follow all of SAP

https://www.sap.com/copyright

https://www.sap.com/registration/contact.html

https://plus.google.com/+SAP

https://www.linkedin.com/company/sap

https://www.youtube.com/user/SAP

https://twitter.com/sap

https://www.facebook.com/SAP