SlideShare a Scribd company logo
1 of 37
Download to read offline
1
SAP S/4HANA Finance
Key Features and Functionality
August 2016
2
Agenda
Dickinson + Associates Overview
Fiori
In-memory Computing
One Source of the Truth
Cost Elements vs. G/L Accounts
COGS by Cost Component
Production Order Variance Categories
Optimized Transactions for Period-End Closing
Fixed Asset Line Items
Real-Time Overhead Calculation
Profitability Analysis
ABAP Queries
Dickinson + Associates Overview
4
Dickinson + Associates Service Offerings
Software S/4 HANA Finance
Analytics
HANA
Logistics
Data and
Reporting
Innovations
Application Support
Products
S/4 HANA
BusinessObjects
HANA
Cloud
Industry
IM&C
Mill Products
CPG
Chemical
A&D
Financial Services
5
Why Dickinson + Associates?
THOUGHT
LEADERSHIP
FLEXIBILITY
TEAMWORK
COMPREHENSIVE
CONSULTING
BUSINESS PEOPLE who know SAPBUSINESS PEOPLE who know SAPBUSINESS PEOPLE who know SAPBUSINESS PEOPLE who know SAP
We bring years of real business
experience and achieve success
through dedicated teamwork.
Our consultants have been in
positions of responsibility in
industry, averaging nearly 18
years of business experience
and seven years of SAP
expertise
Dickinson + Associates seeks
every opportunity to uncover
business value and leverage
SAP’s capabilities to improve
our client’s operations
Dickinson + Associates works
with our clients and SAP to
devise a solution that fits the
needs, timeline, and budget
SAP S/4HANA Finance
7
Financials Add-On for SAP Business Suite Powered
by SAP HANA
8
SAP Fiori – SAP’s New Modern User Interface
Role-based
Designed for you, your needs,
and how you work
Adaptive
Adapts to multiple use cases
and devices
Simple
Only what is necessary
Coherent
Provides one fluid, intuitive
experience
Delightful
Makes an emotional
connection
9
SAP Fiori App Types
Transactional Apps
These apps let you perform transactional tasks such as post incoming payments.
They represent a simplified views and interaction with existing business processes
and solutions.
Fact Sheets
These apps display contextual information and key facts about central objects used
in your business operations. From a fact sheet area you can drill down into its
details.
Analytical Apps/Smart Business Cockpits
These apps let you get role-based insight into real-time operations of your business
by collecting and displaying key figures directly in your browser. You can closely
monitor your most important key performance indicators (KPIs) in real time and
react immediately on changes in market conditions or operations.
A listing of all Fiori apps can be found online in the Fiori Apps Library
https://fioriappslibrary.hana.ondemand.com/sap/fix/externalViewer/
10
High Performance Analytic Appliance: HANA
SAP HANA transforms businesses by streamlining transactions, analytics,
planning, and predictive data processing on a single in-memory database so
business can operate in real time.
IN-MEMORY means all data is stored in the memory (RAM). There is no time
wasted in loading data from hard disk to RAM. Everything is in-memory all the
time which gives the CPU quick access to data for processing.
COLUMN STORAGE vs. ROW STORAGE – SAP HANA is a column oriented
database. Storing data by column results in better compression than
conventional row storage. It also performs well while query processing since
queries read only the columns which are required.
NO PRE-AGGREGATION– Pre-aggregation is no longer required. Therefore,
users do not have to wait hours to get the data they need. Flexible ad-hoc
analysis can be performed at any time.
WHY SAP HANA?– SAP HANA enables businesses to make smarter, faster
decisions through real-time analysis and reporting combined with dramatically
accelerated business processes. The lack of delay between insight and action
results in a “real time business”.
11
High Performance Analytic Appliance: HANA
12
High Performance Analytic Appliance: HANA
13
High Performance Analytic Appliance: HANA
14
High Performance Analytic Appliance: HANA
15
Different Sources of the Truth
General
Ledger
Controlling
Profitability
Analysis
Asset
Accounting
Material
Ledger
Balance Sheet Profit & Loss
G/L and COPA updated
based on different events
(e.g. shipping vs. billing)
Different level of detail due
to document
summarization
No profit center or G/L
account in Asset
Accounting totals
Material Ledger does not
store profit center or G/L
account
16
Single Source of the Truth – Universal Journal
Public
Sector
Accounts
Payable
Joint
Venture
General
Ledger Profitability
Analysis
Accounts
Receivable
Cost
Center
Accounting
Asset
Accounting
Material
Ledger
Universal Journal
Single repository of journal entries across multiple applications without redundancy
This enables deeper, instant insight across all dimensions, easier extensibility, and
process optimizations for an accelerated close.
17
Universal Journal - Architecture
One line item table with full detail for all components. Data stored only once so
no reconciliation needed.
Reduction of memory footprint through elimination of redundancy.
Fast multi-dimensional reporting on Universal Journal possible without replicating
data in BI.
GL
Ledger Company Account
Profit
Center
Amount 1 Amount 2 Amount 3 ….
CO-PA
Operating
Concern
Market
Segment
….
Universal Journal
Ledger Company Account
Profit
Center
Amount 1 Amount 2 Amount 3
Cost
Center
Fixed
Asset
Market
Segment
Material …..
CO
CO Area
Cost
Element
Amount 1 Amount 2
Cost
Center
….
Asset Accounting
Company
Fixed
Asset
….
Material Ledger
Company Material ….
18
List of Tables Replaced by Compatibility Views
Index tables removed
BSIS Index for G/L Accounts (open items)
BSAS Index for G/L Accounts (cleared items)
BSID Index for Customers (open items)
BSAD Index for Customers (cleared items)
BSIK Index for Vendors (open items)
BSAK Index for Vendors (cleared items)
BSIM Index, Documents for Material
FAGLBSIS Index for G/L Accounts – New G/L (open items)
FAGLBSAS Index for G/L Accounts – New G/L (cleared items)
Aggregate tables removed
GLT0 General Ledger: Totals
GLT3 Summary Data Preparations for Consolidation
FAGLFLEXT New General Ledger: Totals
KNC1 Customer Master (transaction figures)
LFC1 Vendor Master (transaction figures)
KNC3 Customer Master (special G/L transaction figures)
LFC3 Vendor Master (special G/L transaction figures)
COSS Cost Totals for Internal Postings
COSP Cost Totals for External Postings
19
List of Tables Replaced by Compatibility Views (cont.)
Tables removed
FAGLFLEXA New General Ledger: Line Items
COEP Cost Line Items
ANEP Fixed Asset: Line Items
ANEA Fixed Asset: Line Items for Proportional Values
ANLC Fixed Assets: Value Fields
ANLP Fixed Assets: Periodic Values
MLIT Material Ledger Line Items
CKMI1 Material Ledger: Index for Accounting Documents
20
Compatibility Views
21
G/L Accounts / Cost Elements
G/L accounts and cost elements are merged into a single record.
22
G/L Accounts / Cost Elements
Secondary cost elements exist in the G/L as well.
23
COGS Posted to G/L by Cost Component
Total value of material shipped to
customer is posted to a single COGS
account in the G/L.
Visibility to COGS by cost component
in CO-PA only.
Some clients opted to create a custom
program to restate COGS in the G/L by
cost component.
Typical COGS Posting
24
COGS Posted to G/L by Cost Component
Total value of material shipped to
customer is posted to the G/L by cost
component.
Cost components can be mapped to
G/L accounts 1:1 or at a more
summarized level.
S/4HANA Finance COGS Posting
25
COGS Posted to G/L by Cost Component
S/4HANA Configuration
26
Production Variances Posted to G/L by Category
Total production order variance is
posted to a single G/L account.
Variance categories visible only in
production orders or CO-PA.
Typical Production Order Variance Posting
27
Production Variances Posted to G/L by Category
Variances posted to the G/L by
variance category.
Variance categories can be mapped to
G/L acconts 1:1 or at a more
summarized level.
S/4HANA Finance Production Order Variance Posting
28
Production Variances Posted to G/L by Category
S/4HANA Configuration
29
Typical Overhead Calculation
Typically, overhead is calculated at month-end either individually via transaction KGI2 or collectively via
transaction CO43. As such, no absorption of overhead was posted until month-end.
In order to see more frequent overhead absorption, the following options were availalbe.
Perform overhead calcuations on a more frequent basis (i.e. weekly or daily).
Use activity types in the routing to absorb overhead instead of using a costing sheet.
30
Real-Time Overhead Calculation
In S/4HANA Finance, overhead can be applied in real-time to both material consumption and activity
postings.
Overhead is applied automatically during the production order confirmation.
S/4HANA Finance Production Order Confirmation
31
Real-Time Overhead Calculation
S/4HANA Configuration
32
Optimized Transactions for Period-End Processing
New transactions are introduced for period-end processing of production orders.
New transactions result in 10% - 40% performane improvement.
33
Fixed Asset Line Items
In previous versions of SAP, the
depreciation posting in the G/L was
summarized by cost center.
In S/4HANA, a separate line item is
written for each asset.
S/4HANA Finance Depreciation Posting
34
Enhancements in Profitability Analysis
Account-based COPA becomes the default in S/4HANA Finance.
S/4HANA functionality such as the following reduce the need for costing-based
COPA.
Split of COGS by Cost Component in the G/L
Split of Variance Categories in the G/L
Costing-based COPA continues to exist and be supported. However, new
enhancements will focus on account-based COPA.
Customers can continue to use account-based COPA and costing-based COPA
in parallel.
Costing-based COPA is still required for multiple valuations of COGS.
35
ABAP Queries
BSEG table can be used in table joins
ACDOCA can be used in table joins as well
36
Questions?
37
Dickinson + Associates
Mike Belcher
Manager, Solutions Engineering
Mike.B@dickinson-assoc.com
847-226-1233

More Related Content

What's hot

An Overview of SAP S4/HANA
An Overview of SAP S4/HANAAn Overview of SAP S4/HANA
An Overview of SAP S4/HANADebajit Banerjee
 
S/4 HANA conversion functional value proposition
S/4 HANA conversion functional value propositionS/4 HANA conversion functional value proposition
S/4 HANA conversion functional value propositionVignesh Bhatt
 
Transition to SAP S/4HANA System Conversion: A step-by-step guide
Transition to SAP S/4HANA System Conversion: A step-by-step guide Transition to SAP S/4HANA System Conversion: A step-by-step guide
Transition to SAP S/4HANA System Conversion: A step-by-step guide Kellton Tech Solutions Ltd
 
“Migration to Suite of HANA”
“Migration to Suite of HANA”“Migration to Suite of HANA”
“Migration to Suite of HANA”Wise Men
 
SAP S/4HANA Migration Cockpit
SAP S/4HANA Migration CockpitSAP S/4HANA Migration Cockpit
SAP S/4HANA Migration CockpitEdwin Weijers
 
Building the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANABuilding the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANABluefin Solutions
 
Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know Soumya De
 
SAP MM Versus SAP S/4 HANA
SAP MM Versus SAP S/4 HANASAP MM Versus SAP S/4 HANA
SAP MM Versus SAP S/4 HANAAnjali Rao
 
Building the Business Case for SAP HANA
Building the Business Case for SAP HANABuilding the Business Case for SAP HANA
Building the Business Case for SAP HANAJohn Appleby
 
SAP HANA Migration Deck.pptx
SAP HANA Migration Deck.pptxSAP HANA Migration Deck.pptx
SAP HANA Migration Deck.pptxSingbBablu
 
SAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdf
SAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdfSAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdf
SAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdfsubbulokam
 
Sap s4 hana logistics ppt
Sap s4 hana logistics pptSap s4 hana logistics ppt
Sap s4 hana logistics pptRamaCharitha1
 

What's hot (20)

SAP S4 HANA.pptx
SAP S4 HANA.pptxSAP S4 HANA.pptx
SAP S4 HANA.pptx
 
Org structure SAP
Org structure SAPOrg structure SAP
Org structure SAP
 
An Overview of SAP S4/HANA
An Overview of SAP S4/HANAAn Overview of SAP S4/HANA
An Overview of SAP S4/HANA
 
S4Finance
S4FinanceS4Finance
S4Finance
 
S/4 HANA conversion functional value proposition
S/4 HANA conversion functional value propositionS/4 HANA conversion functional value proposition
S/4 HANA conversion functional value proposition
 
Migration to sap s4 hana
Migration to sap s4 hanaMigration to sap s4 hana
Migration to sap s4 hana
 
Transition to SAP S/4HANA System Conversion: A step-by-step guide
Transition to SAP S/4HANA System Conversion: A step-by-step guide Transition to SAP S/4HANA System Conversion: A step-by-step guide
Transition to SAP S/4HANA System Conversion: A step-by-step guide
 
“Migration to Suite of HANA”
“Migration to Suite of HANA”“Migration to Suite of HANA”
“Migration to Suite of HANA”
 
SAP S/4HANA Migration Cockpit
SAP S/4HANA Migration CockpitSAP S/4HANA Migration Cockpit
SAP S/4HANA Migration Cockpit
 
Building the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANABuilding the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANA
 
Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know
 
SAP MM Versus SAP S/4 HANA
SAP MM Versus SAP S/4 HANASAP MM Versus SAP S/4 HANA
SAP MM Versus SAP S/4 HANA
 
Building the Business Case for SAP HANA
Building the Business Case for SAP HANABuilding the Business Case for SAP HANA
Building the Business Case for SAP HANA
 
SAP HANA Migration Deck.pptx
SAP HANA Migration Deck.pptxSAP HANA Migration Deck.pptx
SAP HANA Migration Deck.pptx
 
SAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdf
SAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdfSAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdf
SAP S_4HANA Migration Cockpit - Migrate your Data to SAP S_4HANA.pdf
 
Sap s4 hana logistics ppt
Sap s4 hana logistics pptSap s4 hana logistics ppt
Sap s4 hana logistics ppt
 
Moving to SAP S/4HANA
Moving to SAP S/4HANAMoving to SAP S/4HANA
Moving to SAP S/4HANA
 
Sap funds management training
Sap funds management trainingSap funds management training
Sap funds management training
 
S4HANA Migration Overview
S4HANA Migration OverviewS4HANA Migration Overview
S4HANA Migration Overview
 
SAP S/4 HANA Technical assessment before migration
SAP S/4 HANA Technical assessment before migrationSAP S/4 HANA Technical assessment before migration
SAP S/4 HANA Technical assessment before migration
 

Similar to S/4HANA Finance: New Features and Functionality

SAP Smart Financials 1.0
SAP Smart Financials 1.0SAP Smart Financials 1.0
SAP Smart Financials 1.0bigsomar
 
SAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP ControllingSAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP ControllingAlice Adams
 
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...John Jordan
 
S4 Financials Powered By HANA-Purna
S4 Financials Powered By HANA-PurnaS4 Financials Powered By HANA-Purna
S4 Financials Powered By HANA-PurnaChandar Pokala
 
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
Sap bpc  - models -- comment ce real-time-planning-and-performance-management...Sap bpc  - models -- comment ce real-time-planning-and-performance-management...
Sap bpc - models -- comment ce real-time-planning-and-performance-management...Roth-williams Adjibi
 
01. sap fi co training
01. sap fi co training01. sap fi co training
01. sap fi co trainingadityafico
 
Continuous Accounting & Consolidation
Continuous Accounting & ConsolidationContinuous Accounting & Consolidation
Continuous Accounting & ConsolidationChris Newdick
 
Open sap s4h15_week_2_unit_3_ctrlchange_presentation
Open sap s4h15_week_2_unit_3_ctrlchange_presentationOpen sap s4h15_week_2_unit_3_ctrlchange_presentation
Open sap s4h15_week_2_unit_3_ctrlchange_presentationJacek9
 
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...John Jordan
 
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdfRevolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdfspmota
 
Caclubindia.com sap cofi for beginners
Caclubindia.com sap cofi for beginnersCaclubindia.com sap cofi for beginners
Caclubindia.com sap cofi for beginnersabc
 
Vinoth kumar ravi sap abap technical consultant
Vinoth kumar ravi sap abap technical consultantVinoth kumar ravi sap abap technical consultant
Vinoth kumar ravi sap abap technical consultantVinoth Kumar
 
SAP CO-PA (Controlling-Profitability Analysis)
SAP CO-PA (Controlling-Profitability Analysis)SAP CO-PA (Controlling-Profitability Analysis)
SAP CO-PA (Controlling-Profitability Analysis)Stridely Solutions
 
Surya Padhi. ca, cpa : Group Reporting what are features available with g...
Surya Padhi. ca, cpa   : Group Reporting   what are features available with g...Surya Padhi. ca, cpa   : Group Reporting   what are features available with g...
Surya Padhi. ca, cpa : Group Reporting what are features available with g...Surya Padhi
 
Sap organizational hierarchy
Sap organizational hierarchySap organizational hierarchy
Sap organizational hierarchyOmkar Raj
 

Similar to S/4HANA Finance: New Features and Functionality (20)

SAP Smart Financials 1.0
SAP Smart Financials 1.0SAP Smart Financials 1.0
SAP Smart Financials 1.0
 
SAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP ControllingSAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP Controlling
 
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
 
Word to student doc
Word to student docWord to student doc
Word to student doc
 
S4 Financials Powered By HANA-Purna
S4 Financials Powered By HANA-PurnaS4 Financials Powered By HANA-Purna
S4 Financials Powered By HANA-Purna
 
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
Sap bpc  - models -- comment ce real-time-planning-and-performance-management...Sap bpc  - models -- comment ce real-time-planning-and-performance-management...
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
 
01. sap fi co training
01. sap fi co training01. sap fi co training
01. sap fi co training
 
SAP Treasury
SAP TreasurySAP Treasury
SAP Treasury
 
Copa 2
Copa 2Copa 2
Copa 2
 
Continuous Accounting & Consolidation
Continuous Accounting & ConsolidationContinuous Accounting & Consolidation
Continuous Accounting & Consolidation
 
SAP Simple Finance
SAP Simple Finance SAP Simple Finance
SAP Simple Finance
 
Open sap s4h15_week_2_unit_3_ctrlchange_presentation
Open sap s4h15_week_2_unit_3_ctrlchange_presentationOpen sap s4h15_week_2_unit_3_ctrlchange_presentation
Open sap s4h15_week_2_unit_3_ctrlchange_presentation
 
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
 
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdfRevolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
 
Copa realignment
Copa realignmentCopa realignment
Copa realignment
 
Caclubindia.com sap cofi for beginners
Caclubindia.com sap cofi for beginnersCaclubindia.com sap cofi for beginners
Caclubindia.com sap cofi for beginners
 
Vinoth kumar ravi sap abap technical consultant
Vinoth kumar ravi sap abap technical consultantVinoth kumar ravi sap abap technical consultant
Vinoth kumar ravi sap abap technical consultant
 
SAP CO-PA (Controlling-Profitability Analysis)
SAP CO-PA (Controlling-Profitability Analysis)SAP CO-PA (Controlling-Profitability Analysis)
SAP CO-PA (Controlling-Profitability Analysis)
 
Surya Padhi. ca, cpa : Group Reporting what are features available with g...
Surya Padhi. ca, cpa   : Group Reporting   what are features available with g...Surya Padhi. ca, cpa   : Group Reporting   what are features available with g...
Surya Padhi. ca, cpa : Group Reporting what are features available with g...
 
Sap organizational hierarchy
Sap organizational hierarchySap organizational hierarchy
Sap organizational hierarchy
 

More from Dickinson + Associates

Revolutionizing Executive Insight - The SAP Digital Boardroom
Revolutionizing Executive Insight - The SAP Digital BoardroomRevolutionizing Executive Insight - The SAP Digital Boardroom
Revolutionizing Executive Insight - The SAP Digital BoardroomDickinson + Associates
 
BusinessObjects Cloud and How to Take Advantage of it for Your Planning Purposes
BusinessObjects Cloud and How to Take Advantage of it for Your Planning PurposesBusinessObjects Cloud and How to Take Advantage of it for Your Planning Purposes
BusinessObjects Cloud and How to Take Advantage of it for Your Planning PurposesDickinson + Associates
 
SAP Applications and the Modern Data Scientist - Predictive Analytics for the...
SAP Applications and the Modern Data Scientist - Predictive Analytics for the...SAP Applications and the Modern Data Scientist - Predictive Analytics for the...
SAP Applications and the Modern Data Scientist - Predictive Analytics for the...Dickinson + Associates
 
Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...
Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...
Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...Dickinson + Associates
 
The Future of Business Planning with BPC 10.1 and SAP HANA
The Future of Business Planning with BPC 10.1 and SAP  HANAThe Future of Business Planning with BPC 10.1 and SAP  HANA
The Future of Business Planning with BPC 10.1 and SAP HANADickinson + Associates
 
SAP HANA Native Application Development
SAP HANA Native Application DevelopmentSAP HANA Native Application Development
SAP HANA Native Application DevelopmentDickinson + Associates
 
Getting Started with BI Analytics on HANA
Getting Started with BI Analytics on HANAGetting Started with BI Analytics on HANA
Getting Started with BI Analytics on HANADickinson + Associates
 

More from Dickinson + Associates (10)

Revolutionizing Executive Insight - The SAP Digital Boardroom
Revolutionizing Executive Insight - The SAP Digital BoardroomRevolutionizing Executive Insight - The SAP Digital Boardroom
Revolutionizing Executive Insight - The SAP Digital Boardroom
 
SAP Predictive Analytics
SAP Predictive AnalyticsSAP Predictive Analytics
SAP Predictive Analytics
 
BusinessObjects Cloud and How to Take Advantage of it for Your Planning Purposes
BusinessObjects Cloud and How to Take Advantage of it for Your Planning PurposesBusinessObjects Cloud and How to Take Advantage of it for Your Planning Purposes
BusinessObjects Cloud and How to Take Advantage of it for Your Planning Purposes
 
SAP Applications and the Modern Data Scientist - Predictive Analytics for the...
SAP Applications and the Modern Data Scientist - Predictive Analytics for the...SAP Applications and the Modern Data Scientist - Predictive Analytics for the...
SAP Applications and the Modern Data Scientist - Predictive Analytics for the...
 
Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...
Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...
Power of the SAP HANA Platform – Integrating non-SAP data with custom HANA ap...
 
The Future of Business Planning with BPC 10.1 and SAP HANA
The Future of Business Planning with BPC 10.1 and SAP  HANAThe Future of Business Planning with BPC 10.1 and SAP  HANA
The Future of Business Planning with BPC 10.1 and SAP HANA
 
SAP Advanced Analytical Capabilities
SAP Advanced Analytical CapabilitiesSAP Advanced Analytical Capabilities
SAP Advanced Analytical Capabilities
 
SAP HANA Native Application Development
SAP HANA Native Application DevelopmentSAP HANA Native Application Development
SAP HANA Native Application Development
 
Geospatial Analytics
Geospatial AnalyticsGeospatial Analytics
Geospatial Analytics
 
Getting Started with BI Analytics on HANA
Getting Started with BI Analytics on HANAGetting Started with BI Analytics on HANA
Getting Started with BI Analytics on HANA
 

Recently uploaded

Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxWorkforce Group
 
NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023Steve Rader
 
Slicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup BerlinSlicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup BerlinAnton Skornyakov
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGlokeshwarmaha
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsWristbands Ireland
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhangmcgroupjeya
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfCharles Cotter, PhD
 
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBBPMedia1
 
Lecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb toLecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb toumarfarooquejamali32
 
Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..dlewis191
 
Mihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZMihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZKanakChauhan5
 
To Create Your Own Wig Online To Create Your Own Wig Online
To Create Your Own Wig Online  To Create Your Own Wig OnlineTo Create Your Own Wig Online  To Create Your Own Wig Online
To Create Your Own Wig Online To Create Your Own Wig Onlinelng ths
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursKaiNexus
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfHajeJanKamps
 
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfAMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfJohnCarloValencia4
 

Recently uploaded (20)

Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
 
NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023NASA CoCEI Scaling Strategy - November 2023
NASA CoCEI Scaling Strategy - November 2023
 
Slicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup BerlinSlicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup Berlin
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and Festivals
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhang
 
Investment Opportunity for Thailand's Automotive & EV Industries
Investment Opportunity for Thailand's Automotive & EV IndustriesInvestment Opportunity for Thailand's Automotive & EV Industries
Investment Opportunity for Thailand's Automotive & EV Industries
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
 
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
 
Lecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb toLecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb to
 
Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..
 
Mihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZMihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZ
 
To Create Your Own Wig Online To Create Your Own Wig Online
To Create Your Own Wig Online  To Create Your Own Wig OnlineTo Create Your Own Wig Online  To Create Your Own Wig Online
To Create Your Own Wig Online To Create Your Own Wig Online
 
WAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdfWAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdf
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, Ours
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
 
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfAMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
 

S/4HANA Finance: New Features and Functionality

  • 1. 1 SAP S/4HANA Finance Key Features and Functionality August 2016
  • 2. 2 Agenda Dickinson + Associates Overview Fiori In-memory Computing One Source of the Truth Cost Elements vs. G/L Accounts COGS by Cost Component Production Order Variance Categories Optimized Transactions for Period-End Closing Fixed Asset Line Items Real-Time Overhead Calculation Profitability Analysis ABAP Queries
  • 4. 4 Dickinson + Associates Service Offerings Software S/4 HANA Finance Analytics HANA Logistics Data and Reporting Innovations Application Support Products S/4 HANA BusinessObjects HANA Cloud Industry IM&C Mill Products CPG Chemical A&D Financial Services
  • 5. 5 Why Dickinson + Associates? THOUGHT LEADERSHIP FLEXIBILITY TEAMWORK COMPREHENSIVE CONSULTING BUSINESS PEOPLE who know SAPBUSINESS PEOPLE who know SAPBUSINESS PEOPLE who know SAPBUSINESS PEOPLE who know SAP We bring years of real business experience and achieve success through dedicated teamwork. Our consultants have been in positions of responsibility in industry, averaging nearly 18 years of business experience and seven years of SAP expertise Dickinson + Associates seeks every opportunity to uncover business value and leverage SAP’s capabilities to improve our client’s operations Dickinson + Associates works with our clients and SAP to devise a solution that fits the needs, timeline, and budget
  • 7. 7 Financials Add-On for SAP Business Suite Powered by SAP HANA
  • 8. 8 SAP Fiori – SAP’s New Modern User Interface Role-based Designed for you, your needs, and how you work Adaptive Adapts to multiple use cases and devices Simple Only what is necessary Coherent Provides one fluid, intuitive experience Delightful Makes an emotional connection
  • 9. 9 SAP Fiori App Types Transactional Apps These apps let you perform transactional tasks such as post incoming payments. They represent a simplified views and interaction with existing business processes and solutions. Fact Sheets These apps display contextual information and key facts about central objects used in your business operations. From a fact sheet area you can drill down into its details. Analytical Apps/Smart Business Cockpits These apps let you get role-based insight into real-time operations of your business by collecting and displaying key figures directly in your browser. You can closely monitor your most important key performance indicators (KPIs) in real time and react immediately on changes in market conditions or operations. A listing of all Fiori apps can be found online in the Fiori Apps Library https://fioriappslibrary.hana.ondemand.com/sap/fix/externalViewer/
  • 10. 10 High Performance Analytic Appliance: HANA SAP HANA transforms businesses by streamlining transactions, analytics, planning, and predictive data processing on a single in-memory database so business can operate in real time. IN-MEMORY means all data is stored in the memory (RAM). There is no time wasted in loading data from hard disk to RAM. Everything is in-memory all the time which gives the CPU quick access to data for processing. COLUMN STORAGE vs. ROW STORAGE – SAP HANA is a column oriented database. Storing data by column results in better compression than conventional row storage. It also performs well while query processing since queries read only the columns which are required. NO PRE-AGGREGATION– Pre-aggregation is no longer required. Therefore, users do not have to wait hours to get the data they need. Flexible ad-hoc analysis can be performed at any time. WHY SAP HANA?– SAP HANA enables businesses to make smarter, faster decisions through real-time analysis and reporting combined with dramatically accelerated business processes. The lack of delay between insight and action results in a “real time business”.
  • 11. 11 High Performance Analytic Appliance: HANA
  • 12. 12 High Performance Analytic Appliance: HANA
  • 13. 13 High Performance Analytic Appliance: HANA
  • 14. 14 High Performance Analytic Appliance: HANA
  • 15. 15 Different Sources of the Truth General Ledger Controlling Profitability Analysis Asset Accounting Material Ledger Balance Sheet Profit & Loss G/L and COPA updated based on different events (e.g. shipping vs. billing) Different level of detail due to document summarization No profit center or G/L account in Asset Accounting totals Material Ledger does not store profit center or G/L account
  • 16. 16 Single Source of the Truth – Universal Journal Public Sector Accounts Payable Joint Venture General Ledger Profitability Analysis Accounts Receivable Cost Center Accounting Asset Accounting Material Ledger Universal Journal Single repository of journal entries across multiple applications without redundancy This enables deeper, instant insight across all dimensions, easier extensibility, and process optimizations for an accelerated close.
  • 17. 17 Universal Journal - Architecture One line item table with full detail for all components. Data stored only once so no reconciliation needed. Reduction of memory footprint through elimination of redundancy. Fast multi-dimensional reporting on Universal Journal possible without replicating data in BI. GL Ledger Company Account Profit Center Amount 1 Amount 2 Amount 3 …. CO-PA Operating Concern Market Segment …. Universal Journal Ledger Company Account Profit Center Amount 1 Amount 2 Amount 3 Cost Center Fixed Asset Market Segment Material ….. CO CO Area Cost Element Amount 1 Amount 2 Cost Center …. Asset Accounting Company Fixed Asset …. Material Ledger Company Material ….
  • 18. 18 List of Tables Replaced by Compatibility Views Index tables removed BSIS Index for G/L Accounts (open items) BSAS Index for G/L Accounts (cleared items) BSID Index for Customers (open items) BSAD Index for Customers (cleared items) BSIK Index for Vendors (open items) BSAK Index for Vendors (cleared items) BSIM Index, Documents for Material FAGLBSIS Index for G/L Accounts – New G/L (open items) FAGLBSAS Index for G/L Accounts – New G/L (cleared items) Aggregate tables removed GLT0 General Ledger: Totals GLT3 Summary Data Preparations for Consolidation FAGLFLEXT New General Ledger: Totals KNC1 Customer Master (transaction figures) LFC1 Vendor Master (transaction figures) KNC3 Customer Master (special G/L transaction figures) LFC3 Vendor Master (special G/L transaction figures) COSS Cost Totals for Internal Postings COSP Cost Totals for External Postings
  • 19. 19 List of Tables Replaced by Compatibility Views (cont.) Tables removed FAGLFLEXA New General Ledger: Line Items COEP Cost Line Items ANEP Fixed Asset: Line Items ANEA Fixed Asset: Line Items for Proportional Values ANLC Fixed Assets: Value Fields ANLP Fixed Assets: Periodic Values MLIT Material Ledger Line Items CKMI1 Material Ledger: Index for Accounting Documents
  • 21. 21 G/L Accounts / Cost Elements G/L accounts and cost elements are merged into a single record.
  • 22. 22 G/L Accounts / Cost Elements Secondary cost elements exist in the G/L as well.
  • 23. 23 COGS Posted to G/L by Cost Component Total value of material shipped to customer is posted to a single COGS account in the G/L. Visibility to COGS by cost component in CO-PA only. Some clients opted to create a custom program to restate COGS in the G/L by cost component. Typical COGS Posting
  • 24. 24 COGS Posted to G/L by Cost Component Total value of material shipped to customer is posted to the G/L by cost component. Cost components can be mapped to G/L accounts 1:1 or at a more summarized level. S/4HANA Finance COGS Posting
  • 25. 25 COGS Posted to G/L by Cost Component S/4HANA Configuration
  • 26. 26 Production Variances Posted to G/L by Category Total production order variance is posted to a single G/L account. Variance categories visible only in production orders or CO-PA. Typical Production Order Variance Posting
  • 27. 27 Production Variances Posted to G/L by Category Variances posted to the G/L by variance category. Variance categories can be mapped to G/L acconts 1:1 or at a more summarized level. S/4HANA Finance Production Order Variance Posting
  • 28. 28 Production Variances Posted to G/L by Category S/4HANA Configuration
  • 29. 29 Typical Overhead Calculation Typically, overhead is calculated at month-end either individually via transaction KGI2 or collectively via transaction CO43. As such, no absorption of overhead was posted until month-end. In order to see more frequent overhead absorption, the following options were availalbe. Perform overhead calcuations on a more frequent basis (i.e. weekly or daily). Use activity types in the routing to absorb overhead instead of using a costing sheet.
  • 30. 30 Real-Time Overhead Calculation In S/4HANA Finance, overhead can be applied in real-time to both material consumption and activity postings. Overhead is applied automatically during the production order confirmation. S/4HANA Finance Production Order Confirmation
  • 32. 32 Optimized Transactions for Period-End Processing New transactions are introduced for period-end processing of production orders. New transactions result in 10% - 40% performane improvement.
  • 33. 33 Fixed Asset Line Items In previous versions of SAP, the depreciation posting in the G/L was summarized by cost center. In S/4HANA, a separate line item is written for each asset. S/4HANA Finance Depreciation Posting
  • 34. 34 Enhancements in Profitability Analysis Account-based COPA becomes the default in S/4HANA Finance. S/4HANA functionality such as the following reduce the need for costing-based COPA. Split of COGS by Cost Component in the G/L Split of Variance Categories in the G/L Costing-based COPA continues to exist and be supported. However, new enhancements will focus on account-based COPA. Customers can continue to use account-based COPA and costing-based COPA in parallel. Costing-based COPA is still required for multiple valuations of COGS.
  • 35. 35 ABAP Queries BSEG table can be used in table joins ACDOCA can be used in table joins as well
  • 37. 37 Dickinson + Associates Mike Belcher Manager, Solutions Engineering Mike.B@dickinson-assoc.com 847-226-1233