SAP S4/Finance Start your journey to S4...reconciliation New Accrual management New Group reporting...

SAP S4/Finance – Start your journey to S423NOV18

2INTERNAL© 2018 SAP SE or an SAP affiliate company. All rights reserved. ǀ

Vision of Finance TransformationFrom daily routine to supporting growth and new business models

Today Future

Runnin

g b

usin

ess

Support

gro

wth

& s

trate

gy

Employee roles will change

▪ Big-data analysts

▪ Market observes & analysts

▪ New business modelers

▪ Simulation & Prediction experts

▪ Business strategy experts

▪ Line of business experts/partners

Automation

Analytics


SAP S/4HANA Finance supports Your Digital TransformationEnd-to-end innovation of all your processes across your entire value-chain

▪ Better decisions with

instant, real-time insight

▪ Increased performance through end-

to-end reinvented processes

▪ Higher productivity with

SAP Fiori user experience

▪ Lower TCO with

simplified architecture and cloud

deployment

Digital Core

SAP Cloud PlatformSAP HANA

Business

Transactions

Intelligent

Insights

Workforce

Engagement

Spend

Management

IoT

& Supply Chain

Customer

ExperienceINDUSTRY

MACHINE LEARNING

BLOCKCHAIN SECURITY

APIs


A comprehensive Portfolio for the CFOCovering All Business Areas Across All Roles

Finance and Risk Chief Financial Officer

Vice President,

Finance

Head, Corporate

Reporting

Head, Finance

Operations

Head, Corporate

Treasury

Risk, Compliance & Audit Officer

CISO, CIO

Financial Planning

& Analysis

Accounting

& Financial Close

Finance

Operations

Treasury

Management

Enterprise Risk

& Compliance

Cybersecurity

& Data Protection

Planning, Budgeting,

and ForecastingFinancial Accounting Record to Report

Payments and Bank

Communications

Enterprise Risk

Management

Access Governance and

Identity Management

Profitability and Cost

ManagementEntity Close Order to Cash

Cash and Liquidity

Management

Controls and Compliance

ManagementSingle Sign-on

Management Reporting Corporate Close Procure to PayDebt and Investment

Management

Automated Monitoring and

ScreeningAccess Monitoring

Financial Reporting Indirect Tax ManagementFinancial Risk

Management

Policy Lifecycle

ManagementData Loss Prevention

Direct Tax Management Real Estate ManagementRisk Management for

CommoditiesAudit Management

Financial Close

Governance

Travel and Expense

ManagementTreasury Governance

International Trade

Management

Financial Shared Service

Management

Financial Process

Governance


S/4HANA Breakthrough InnovationThe power of a single source of truth

Single data platform

Universal Journal

Instant insight

Process automationSin

gle

sourc

e

of tr

uth

Planning, Simulation

& Forecasting

New analytical UIs

On t

he f

ly a

gg

regation


Intelligent Financial ProcessesWhat’s new in S/4HANA 1809

Real-time margin analysis

Enhanced

Predictive accounting

New

Transfer pricing

Enhanced

Integrated financial planning

Integrated

Universal allocation

New

Embedded analytics

Enhanced

Financial Planning & Analysis

Advanced financial close

New

Good and invoice receipt reconciliation

New

Accrual management

New

Group reporting

New

Accounting Financial Close

Amount field extension

New

SAP Cloud Platform

Enhanced

Platform

Treasury Management

Enhanced

Treasury Management

Self-service tax

New

Advanced compliance reporting

Enhanced

Revenue accounting and reporting

Integrated

Process controls

Enhanced

Compliance

& Risk

Central Finance

Enhanced

Central Finance

Topic video available *

* For details: see the end of this presentation


Consumer-grade User Experience Compelling user interface – easy-to-use from macro to detailed view


Consumer-grade User Experience Benefit from higher user productivity

Color coding to alert user to any

overdue, new, or immediate

actions

Dynamic charts to

provide high-level,

real-time overview

SAP Jam social software platform

integrated to provide instant

feedback on notifications and

group activity

Search across and within apps to get

immediate answers

News and feeds to

enhance collaboration

Role-based with one

common role definition


Digital BoardroomSimplified boardroom processes for total transparency and instant data-driven Insight

Total

transparency

Simplified

boardroom processes

Instant

data-driven insights

▪ Real-time view of complete company

situation

▪ Comprehensive view on key figures

across divisions

▪ One view of strategic objectives and

related risks, controls, and issues

▪ Instantly access accurate information

to address ad hoc questions

▪ Improve decision making with

analysis of alternatives and

implications

▪ Reduced preparation time and

offline discussion topics

▪ Focused collaboration to leverage

expert knowledge


Flexible and Non-disruptive Paths to SAP S/4HANA FinanceS/4Finance = Central Finance. Functionally they are the same…the difference is the deployment approach…

Cloud

Hybrid

On premise

Flexible deployment options

ERP system - A

ERP system - B

ERP system - C

Flexible and nondisruptive paths to SAP S/4HANA Finance

New implementation

Central finance

System migration

SAP S/4HANA Finance

central Instance

Migrated to SAP S/4HANA

Finance

instant data

replication

Former SAP ERP system


Central Finance – the Sidecar Approach to InnovationAccelerate your transformation with instant data replication

Local process Centralized process

Central Finance

THE central S/4HANA instance

Instant data replication

▪ Logistics and sales

▪ Inventory processing

▪ Procurement GR/IR

▪ Plant level / local close

▪ Local regulatory reporting

▪ Advanced business segment, entity

and group reporting

▪ Group wide BS and P&L in real-time

▪ Intercompany reconciliation

▪ Central cash position / liquidity

forecast (AP/AR based)

▪ In-house / Cash Management

▪ Central credit, collection, and dispute

management

▪ Central AP/AR payment processing

▪ Central Financial Planning

▪ Real-time Consolidation

▪ Lease Accounting / Real Estate Management

▪ Central Indirect Procurement (Ariba)

▪ Central travel expense management(Concur)


The Iterative Approach to a New System of RecordHow Central Finance helps you adopt finance innovation at your own speed

Heterogeneous

Landscape

Central Finance

Deployment

Iterative

Process Migration

▪ Migrate processes step by step

▪ Reduce number of systems over time

▪ Central Finance instantly enables real-time

reporting, harmonization, planning and

consolidation.

▪ Central Finance is the platform for a

multi-ERP enterprise

▪ It helps you to adopt finance innovation

cross system and enterprise-wide

S/4HANA

Central

Finance

Central

Finance

S/4HANA


Central Finance Video (2min)


Secure Your Digital TransformationEmbed governance, risk and compliance in SAP S/4HANA

Access

Governance

Three Lines of

Defense

Cybersecurity and

Data Protection

▪ Manage digital rights to protect applications and data

▪ Enhance threat monitoring and analysis

International

Trade

Finance

▪ Manage users and identities

▪ Enable single sign-on

▪ Automate continuous controls monitoring

▪ Detect anomalies and potential fraud

▪ Provide one view of risk

▪ Screen related parties and manage trade compliance

▪ Leverage free trade agreements and optimize duty

rates

Embed

GRC

Questions?

Contact information:

Les Smith

Solution Lead

Centre of Excellence

SAP Australia and New Zealand

[email protected]

0407635724

Thank you.

mailto:[email protected]

20PUBLIC© 2018 SAP SE or an SAP affiliate company. All rights reserved. ǀ

In addition to the normal parallel ledgers which were introduced with the New GL, there are now

Extension Ledgers (original called appendix ledgers). The difference is that with an additional

parallel ledger, postings are physically made to both the leading ledger and the parallel ledger, with

only adjustments made to the parallel ledger, whereas extension ledgers have to be linked to a

base ledger and only take delta postings. Therefore, when you run a report for the extension ledger

it pulls in both the base ledger and the extension ledger to show you the complete picture. The

extension ledgers however cannot be used in asset accounting.

Finance Differences in S/4HANA - Ledgers and Currencies


HANA has the power to calculate on the fly, which means that for financial transactions, index

tables such as BSIS, BSAS, BSID, BSAD, BSIK, BSAK, BSIM, FAGLBSIS and FAGLBSAS, as well

as aggregate tables such as GLT0, GLT3, FAGLFLEXT, KNC1, LFC1, KNC3, LFC3, COSS, COSP

are no longer required and have been removed. FAGLFLEXA and some other New GL tables are

now obsolete and there are also new customizing tables.

However, if you have your own ABAP reports using these tables, don’t worry as there are

now Compatibility views with the same name, which recalculate the same values as the tables

would have had, allowing any bespoke programs reading the information to continue to function.

There are new tools which you can run prior to migration, which allow you to check which of your

bespoke programs are read only and will continue to function and which need rewriting. In any case

you may find that some of your bespoke programs are no longer required because that functionality

is now available as standard, or that it will be more efficient to rewrite them using the new tables

anyway.

Finance Differences in S/4HANA – Data Structure


This is the name of the enhanced financial document in S/4HANA. A Universal Journal is created

whenever anything is posted to Finance from any module and each journal can be displayed as

before using the display document transaction FB03. Many of the journal entry, invoice entry and

other posting transactions are still available in the SAP GUI, so you can still for example use FB50

or FB50L (by ledger) to post a journal, although the Fiori equivalents are more user-friendly. The

Universal Journal is the Single Source of Truth for finance, Controlling and COPA, and includes all

the cost objects traditionally found in Controlling such as cost centers, internal orders and WBS

elements as well as columns for the standard CO-PA characteristics and up to fifty additional

characteristics. See also the next section on merging Finance and Controlling. New reports are

available, mainly in Fiori, but the old Controlling reports continue to work (using compatibility

views), including those for planning

Finance Differences in S/4HANA – Universal Journal


is the name of the Finance module’s important new S/4HANA table, which is based on the

Universal Journal line items, containing all of the financial fields, as well as a lot of information from

other modules. The figure below shows an extract of the ACDOCA table showing some of the asset

and material ledger fields available.

Finance Differences in S/4HANA - ACDOCA


We are using classical GL and classical asset accounting in ECC and we want to Migrate from

existing ECC system to S/4 HANA Finance.

We are using classical GL and classical asset accounting in ECC and we want to Migrate from

existing ECC system to S/4 HANA Finance.

Generally a question arise that I am migrating to New GL with S/4 HANA Finance then why should I

run a seperate project. Here is the answer to this question.

Finance Differences in S/4HANA – Classic GL


In S/4 HANA Finance new asset accounting is a must to use and for new asset accounting it is a

must to use New G/L. So how can we handle new GL in S/4 HANA Finance without proper

migration from classical GL to New GL while migrating from ECC using classical GL to S/4 HANA

Finance.

SAP has given 2 option for this scenario

1. Migrate from classical GL to New GL.

2. Migration to new General Ledger Accounting as part of the migration to the S/4 HANA Finance.

So what is difference in both?

Finance Differences in S/4HANA – Classic GL?


Migration from classical GL to New GL: This migration should be done as separate project and

should be executed before migration to S/4 HANA Finance. With this migration new functionality get

introduced like:

• Document Splitting

• Balance Sheets at the Profit Center Level

• Parallel Accounting

• Segment Reporting

• Ledger Approach for Parallel Accounting

• Custom field

Finance Differences in S/4HANA – Migrate from classical GL to New GL.


Migration to new General Ledger Accounting as part of the migration to the S/4 HANA Finance.For sake of migration to S/4 HANA Finance we activate New GL and this provide us minimal functionality of New GL. Migration to new General Ledger Accounting as part of the migration to the S/4 HANA Finance does not support major functionalities likes

• Document Splitting

• Balance Sheets at the Profit Center Level

• Migration from Special Purpose Ledger to New General Ledger Accounting

• Parallel Accounting

• Segment Reporting

• Ledger Approach for Parallel Accounting

• Custom field

Finance Differences in S/4HANA – Migration to new General Ledger Accounting

as part of the migration to the S/4 HANA Finance.

SAP S4/Finance Start your journey to S4...reconciliation New Accrual management New Group reporting...

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