Live Webinar on SAP S/4HANA Simple Finance

Rahul

15 Sep 2017
 SIMPLE FINANCE: BENEFITS
Simple Finance:
Benefits
Simple Finance delivers on a variety of customer demands:
•Continuous Innovation
New GL is 9 years old.
Non-disruptive upgrade
•Ease of use
Single Source of Truth with Universal Journal
Eliminate FI/CO reconciliation
•Accessibility
Business Cockpits
Mobile/Tablet access with intuitive user experience
•Runs faster
Real time processes with HANA in-Memory Database
Removed totals and indices tables
•Latest technology trends
Analytics with HANA views and Lumira
Mobility with Fiori
SAP S4 HANA ROADMAP
ROADMAP: THE PATH TO S/4 HANA
 ROADMAP: THE PATH TO S/4 HANA

SAP S/4HANA, the next generation business suite designed to help you
run simple in the digital economy.
This new suite is built on our advanced in-memory platform, SAP HANA,
and offers a personalized user experience with SAP Fiori.
Deployable in the cloud or on-premise, SAP S/4HANA is built to drive
instant value across lines of business and industries with the ultimate in
sophistication: simplicity.
SIMPLE FINANCE: DATABASE FOOTPRINT REDUCTION
ARCHITECTURE: CLASSIC ERP FINANCE VS SIMPLE FINANCE
ARCHITECTURE: CLASSIC ERP FINANCE VS SIMPLE FINANCE
 ARCHITECTURE: CLASSIC ERP FINANCE VS SIMPLE FINANCE

Classic Finance Simple Finance

ARCHITECTURE: UNIVERSAL JOURNAL
ARCHITECTURE: UNIVERSAL JOURNAL
Universal Journal

The new journal entry consists

of a header (table BKPF) and
the respective items (table
ACDOCA)
–There are rare cases where
entries in ACDOCA are written
without a document header
(e.g. carry forward, corrections
in migration).
–The corresponding line items
have ‘artificial document
numbers’ beginning with letters
Table ACDOCA contains all
fields needed for G/L, CO, AA,
ML, PA
Multi-GAAP capability through
“RLDNR” dimension
6 digit field for line item
numbering
23 digits for currency fields
ARCHITECTURE: ASSET ACCOUNTING
ARCHITECTURE: CONTROLLING
ARCHITECTURE: DATA ENTRY IN UNIVERSAL JOURNAL
 ARCHITECTURE: UNIVERSAL JOURNAL RESULTS
Universal Journal Results
Richer data faster with no settlement Run Needed
Immediately write market segment information to each P&L line
Take all known and available information at the time and post to
a “CO-object” and populate market segment attributes in 1 step
ARCHITECTURE: BSEG TABLE STILL EXISTS

BSEG was designed to handle

efficiently open item management
and payment
–Open items must not be spitted and
must not be doubled or tripled
according to the number of GAAPS
Definition of BSEG did not foresee…
–Storing different GAAPS in parallel
(key like ledger is missing)
–Storing “spitted” document lines
(receivables/payables)
ARCHITECTURE: DOCUMENT SUMMARIZATION

BSEG summarization is still

in place and can be used as
usual
ACDOCA stores the full detail
that is needed for all
components that base on
ACDOCA (G/L, AA, ML, CO,
PA)
Summarizing BSEG
“aggressively” will bring
relief with respect to the 999
line item limitation (BSEG-
BELNR has only 3 digits).
This can be done since
ACDOCA stores the full detail
and has a 6 digit field for line
item numbering
FUNCTIONALITY IMPACT: SIMPLE FINANCE LINK TO CO-PA TABLE
 FUNCTIONALITY IMPACT: FIXED ASSET ACCOUNTING IN UNIVERSAL
JOURNAL

Audibility and Simplicity

benefits
–Independent/complete
depreciation areas (no delta
areas used as before)
–Simplified chart of
depreciation, only one
depreciation area per valuation
necessary
–New transactions for
depreciation area specific
documents
–New document display:
explain the detailed impact of
Fixed Assets in Universal Journal
any transaction to the books
–Reconciliation between G/L and AA is ensured by design
–Flexible account determination
–After migration, reporting for previous fiscal years is still possible due
to compatibility views
–Transparent assignment of depreciation area to accounting principle
–Depreciation posted with all details: accumulated depreciation costs
and costs by asset
 FUNCTIONALITY IMPACT: ASSET ACCOUNTING –
KEY POINTS

•Asset Accounting is based on the universal journal entry. There

is no longer any redundant data store.
•Reconciliation postings are no longer necessary with closing
operations as General Ledger
•Accounting and Asset Accounting are reconciled anyway due
to the universal journal entry.
•Depreciation postings occur with all details:
•Depreciation is posted for the individual asset.
•Reporting at the level of CO account assignments is possible
for individual assets.
•Fast Close and Soft Close are supported.
•Planned values are available in real time.
•The depreciation posting run is faster due to new data
structures and parallel processing.
•The hitherto existing periodic posting run for APC values is
redundant.
 FUNCTIONALITY IMPACT: CENTRAL FINANCE

Used to report on financial figures sourced from different

systems
SUMMARY OF TABLE CHANGES

Have now become compatibility views

 SUPPORTED CONVERSION PATHS

If you are using one of the following products, you can convert your
system to SAP S/4HANA:

SAP ERP 6.0 or higher

SAP S/4HANA Finance 1605

SAP Simple Finance, on-premise edition 1503

SAP Simple Finance add-on 1.0

The following options are supported:

 PROCESS OVERVIEW
The conversion to SAP S/4HANA follows a defined
process. The following figure gives an overview of the
tools, the phases, and the activities involved in this
process
SUPPORTED CONVERSION PATHS
SAP FIORI

Allows access of business critical applications on any

device
PROFITABILITY ANALYSIS
Costing-based Profitability Analysis is the form of profitability
analysis that groups costs and revenues according to value fields and
costing-based valuation approaches, both of which you can define
yourself. It guarantees you access at all times to a complete, short-term
profitability report.

Account-based Profitability Analysis is a form of profitability analysis

organized in accounts and using an account-based valuation approach.
The distinguishing characteristic of this form is its use of cost and
revenue elements. It provides you with a profitability report that is
permanently reconciled with financial accounting
PROFITABILITY ANALYSIS
PROFITABILITY ANALYSIS
PROFITABILITY ANALYSIS
PROFITABILITY ANALYSIS
PROFITABILITY ANALYSIS
Q&A

QUESTIONS AND ANSWERS