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What will your financial transformation look like? This introduction to SAP S/4HANA Finance shows you next-generation finance in the new suite: financial accounting, management accounting, risk management, financial planning, and more. Consider how each process works in SAP S/4HANA, and explore the SAP Fiori apps that help you meet today's business user and reporting requirements. From previewing project planning to navigating deployment options, take your first steps toward financial transformation!
a. The Basics
Explore financial transformation with SAP's new platform. Discover the system, the database, the UI, and more-all from a business perspective. Then, understand how an SAP S/4HANA Finance implementation would impact your organization.
b. Core Processes
Financial transformation affects every process. See what SAP S/4HANA does for management accounting, treasury and risk management, financial close, consolidation, reporting, and more.
c. From Planning to Go-Live
Get a head start on project preparation! See how SAP S/4HANA Finance fits into your IT landscape, and explore your deployment options: on-premise, hybrid, or cloud.
Highlights Include:
1) Universal Journal
2) SAP HANA
3) Management accounting
4) Financial close and consolidation
5) Reporting and analytics
6) Treasury and Risk Management
7) SAP Fiori applications
8) Deployment and adoption
9) Financial transformation
10) SAP S/4HANA
List of contents
... Preface ... 17
... Purpose of This Book ... 17
... Target Audience ... 17
... Structure of This Book ... 18
... Acknowledgments ... 20
1 ... Finance Transformation ... 23
1.1 ... Finance Transformation and the Role of a CFO ... 25
1.2 ... Evolving Finance Reporting Requirements ... 28
1.3 ... Advancements in Information Technology ... 31
1.4 ... Introduction to SAP S/4HANA Finance ... 32
1.5 ... Central Finance ... 39
1.6 ... Summary ... 41
2 ... Architecture ... 43
2.1 ... The System: SAP S/4HANA ... 43
2.2 ... The Database: SAP HANA ... 53
2.3 ... The User Experience: SAP Fiori ... 56
2.4 ... The Table Structure: Universal Journal ... 62
2.5 ... The Network: Peripheral Cloud Applications ... 64
2.6 ... Summary ... 74
3 ... Financial Accounting ... 75
3.1 ... General Ledger ... 75
3.2 ... Accounts Payable ... 90
3.3 ... Accounts Receivable ... 95
3.4 ... Asset Accounting ... 111
3.5 ... Central Processing ... 120
3.6 ... Reporting ... 121
3.7 ... Summary ... 122
4 ... Management Accounting ... 123
4.1 ... Cost Element Accounting ... 124
4.2 ... Overhead Cost Controlling ... 128
4.3 ... Product Cost Controlling ... 133
4.4 ... Material Ledger and Actual Costing ... 143
4.5 ... Profitability Analysis ... 149
4.6 ... Summary ... 157
5 ... Treasury and Risk Management ... 159
5.1 ... Cash Management ... 160
5.2 ... Liquidity Planning and Forecasting ... 166
5.3 ... Transaction and Risk Management ... 173
5.4 ... Bank Account Management ... 176
5.5 ... Advanced Compliance Reporting ... 187
5.6 ... Summary ... 191
6 ... Financial Planning ... 193
6.1 ... Strategic Planning ... 195
6.2 ... Budgeting ... 195
6.3 ... Forecasting ... 197
6.4 ... Challenges for Planning, Budgeting, and Forecasting ... 198
6.5 ... SAP Planning Product Overview ... 201
6.6 ... Enhancing Planning and Forecasting Capabilities ... 214
6.7 ... Summary ... 227
7 ... Financial Close and Consolidation ... 229
7.1 ... Entity Close ... 230
7.2 ... Settlements and Assessments ... 239
7.3 ... Intercompany Eliminations ... 248
7.4 ... Currency Translations ... 263
7.5 ... Consolidated Reporting ... 272
7.6 ... Summary ... 278
8 ... Reporting and Analytics ... 279
8.1 ... Advanced Compliance Reporting ... 279
8.2 ... Management Reporting ... 281
8.3 ... Reporting and Analytics Tools ... 283
8.4 ... Summary ... 335
9 ... Deployment Options ... 337
9.1 ... On-Premise Versus Public or Private Cloud ... 337
9.2 ... Single Instance versus Multiple Instances ... 344
9.3 ... Rollout Options (Big Bang or Rollout) ... 348
9.4 ... Central Finance ... 354
9.5 ... SAP MDG ... 364
9.6 ... SAP Fiori Deployment Options ... 366
9.7 ... Summary ... 368
10 ... Planning an SAP S/4HANA Finance Project ... 369
10.1 ... Designing the Landscape of the Future ... 369
10.2 ... Anticipating Project Complexity ... 372
10.3 ... Building a Business Case for Your Organization ... 376
10.4 ... Choosing an Implementation Approach ... 382
10.5 ... Learning from Existing Customers ... 387
10.6 ... Summary ... 388
... The Authors ... 389
... Index ... 391
About the author
Maunil Mehta is a partner at Deloitte Consulting. He has 16 years of experience helping Fortune 500 organizations define and achieve technology-enabled finance transformation, and currently leads the SAP Finance Transformation practice at Deloitte.
