SAP S/4 HANA Finance

All rights reservedNitin G.

Online Training Demo

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Agenda

� Trainer’s Introduction

� Candidates’ Introduction

� Name & Location

� Background & experience

� Course Highlights

� Overview of Simple Finance

� What is Simple Finance

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� What is Simple Finance

� How to Move Forward

� Appendix Ledger

� Universal Journal

� Central Finance

� Table ACDOCA

� SAP Activate

� Projects & Opportunities

� Q&A

About Me: Nitin G.

� SAP Solution Architect with Expertise in FICO for 10 years

� Extensive Experience in other modules like PS, AssetAccounting, CO-PA, CO-PC, Travel Management, Ariba, SD, MM,HR and Interfaces

� Worked on multiple Global implementations, Solution design,upgrades and training assignments (online & classroom)upgrades and training assignments (online & classroom)

� SFIN knowledge

� Attended EKT Sessions, Meet the expert session by SAP

� Attended SFINTraining and SAP boot camps

� Part of Consulting team for SFIN Implementation for a SwizzCompany which is recently gone live on SFIN

� Already implemented and completed migration for New AssetAccounting which is component of EHP7 and is part of SFIN

Candidates’ Introduction

� Name & Location

� Background & experience

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Course Highlights

• Overview of SAP HANA

• Overview of the SAP Simple Finance add on

• The Universal Journal

• Central Finance

• 1511 Update and planned roadmap� Data Aging in detail

� Changes to T-codes & programs

� Country Release information

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� Country Release information

� Product Name & Version information

� Release Information – Finance Processes

� Changes in 1511 update

� Simplification list 1511

• Migration to the SAP Simple Finance add on

• The New Asset Accounting

• Analysis of Results of the migration

• Cash Management powered by HANA

• Overview of Integrated Business Planning

Overview of Simple FinanceOverview of Simple Finance

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What is Simple Finance

� SAP Simple Finance is a comprehensive finance solutionbased on SAP HANA, which can be deployed in the cloudor on premise. Designed to be easy to use, it can deliverinstant insight for finance professionals. It enhances thecurrent finance solution portfolio from SAP, preserving itsfunctional strength while enabling non-disruptive

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functional strength while enabling non-disruptivemigration.

� Its now S/4 HANA Finance available for 62 countries

� Available for On Cloud and On Premise editions

� Quarterly update planned for Cloud customers andyearly for on premise

How to move forward?

� Migration from ECC 6.0 EHP7 to S/4 HANA Finance

� New Implementation

� Combining Multiple systems via Central Finance

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Addressing Customer’s Pain Points

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Additional Ledger Concept

� With New GL SAP had introduced parallel ledger concept:

� Leading Ledger – 0L

� Non Leading Ledger – X1

� In early 2015 SAP released SFIN 2.0 and introduced Appendix Ledger (AL) concept

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Appendix Ledger (AL) concept

Appendix Ledger

� This is a new concept that was introduced in SFIN 2.0.These are new ledgers that sit on top of the Leadingledger. When you create an Appendix ledger in SAP, youflag it as “Appendix Ledger” and link that to a base leadingledger. Unlike Non leading ledger, Appendix Ledgercannot have a separate fiscal year different to Leading

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cannot have a separate fiscal year different to Leadingledger but at the same time, you can open and close fiscalperiods separately from Leading ledger.

Universal Journal

� The universal journal entry is the unified data storage for bothfinancial accounting (FI) and management accounting (orcontrolling (CO)) It contains all of the relevant accounting data,details about, for example, customers, vendors, assets, products,and regions. This means all of the accounting data is alwaysavailable at the same time for analysis in each report that isbased on the universal journal entry. In addition, you can enhancethe journal entry with your own fields.

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the journal entry with your own fields.

� Financial accounting and controlling are continually beingreconciled. As a result, you can carry out month-end closingmore quickly. All accounts, even the secondary cost elementsrequired for controlling - are portrayed uniformly as G/Laccounts. A journal entry is similarly created for internal clearing,such as cost center assessments and distributions.

Central Finance

� With Central Finance, you can transition to SAP SimpleFinance, on-premise edition without disruption to yourcurrent system landscape, which can be made up of acombination of SAP systems of different releases andaccounting approaches and non-SAP systems.

� Central Finance allows you to create a common

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� Central Finance allows you to create a commonreporting structure. To prepare for this commonstructure, you must map your different accounting entities(for example, account, profit center, or cost center) inyour local systems to one common set of master data inthe central system. Then, you can replicate financialaccounting (FI) and management accounting (CO)postings.

Central Finance

� In the local system, the financial accounting postingstypically result in two documents – an FI document and aprimary cost posting in CO. In the central system, the FIdocument creates one combined document, a universaljournal entry. In the local system, the managementaccounting postings are created with reference to a

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accounting postings are created with reference to asecondary cost element. In the central system, all costelements are part of the chart of accounts. Before youreplicate CO postings to the central system, you need tomake sure that accounts are available for all costelements in the central system.

Table ACDOCA – Everything Merged

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SAP Activate – Replacement of ASAPFirst up: SAP Best Practices

� These are the ready-to-run business processes optimized for S/4HANA and also cover thefundamentals of integration and migration. Included in these best practices is a reference solutionin the cloud as well as details on extensibility for how best to enhance SAP processes for yourown needs.

Next up: Guided Configuration

� You can think of guided configuration as the set of tools for an assisted implementation foreverything from initial implementation of a project to "go-live" and then some. Meaning, guided

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everything from initial implementation of a project to "go-live" and then some. Meaning, guidedconfiguration let's you apply updates and changes to your configuration and stay continuously onthe innovation track and adapt agilely without disruption. Being guided by business processes iswhat empowers business and IT to work together.

Last but not least: Methodology

� Any implementation starts with best practices. The methodology uses a consistent approachused for any deployment mode chosen: cloud, hybrid, on premise, mobile. Also, you can chooseto do it yourself or with an SAP partner or SAP directly. The methodology is designed forpartner extensions. So, if you are a partner of SAP, you will definitely want to get to know SAPActivate!

SAP Activate – Replacement of ASAP

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Conclusion: SAPActivateIn short, this combination of SAP Best Practices, guided configuration, and methodologyallows you to build smart andrun simple. SAP Activate gives you the freedom torun fast (with a reference solution), beautifully (with a state-of-the-art FioriUX), lean (with a lower TCO and continuous innovation), far (built-in extensibility to fityour needs), and flexibly (do it yourself or with a preferred partner or with SAP).

Projects & Opportunities

� Lot of Projects coming up in market which will createmore requirement for trained consultants

� Every FICO Consultant has to board the boat of S/4HANA Finance

� 100 + customers implemented S/4 Finance

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Q & AQ & A

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Thank YouThank You

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