SAP S4HANA FI-GL: Overview Presentation

This PPT presentation document provides an overview of the changes and enhancements in General Ledger Accounting in the SAP S/4HANA system. It highlights the concept of the Universal Journal, which integrates financial and management accounting data from various modules like FI, CO, AA, and Account-Based CO-PA into a single source of truth. The Universal Journal enables multi-GAAP reporting, multi-currency handling, and integrated legal and management accounting through the merger of GL accounts and cost elements.

List of topics covered in the presentation are:

  1. Introduction to SAP S/4HANA and its editions
  2. Overview of General Ledger Accounting in S/4HANA
  3. Universal Journal concept and features
  4. GL Account and Cost Element master data changes
  5. Comparison of S/4HANA vs. S/4HANA Finance editions for GL Accounting
  6. Process demonstrations (posting expenses, cost allocations, reporting)
  7. Configuration demonstrations (ledger setup, document types, data aging)
  8. List of impacted configuration transactions (new, removed, replaced)
  9. Summary and benefits of S/4HANA Core changes

Read more

Configuration Guide to Account Determination in SAP

This document provides an overview of account determination configuration in SAP FI. Account determinations automate the assignment of general ledger accounts to financial transactions, supporting consistency, accuracy and integration between modules.

Key tips and tools for managing account determinations are provided with the following topics covered in detail:

  • The Concept of Account Determinations: Defines account determinations and their benefits for posting consistency, ease of use, and accuracy.
  • FI Transactions: Covers configuration of account determinations for retained earnings, fixed assets, taxes, payments and other FI transactions.
  • Transactions Originating Outside FI: Discusses configuration of account determinations for materials management and sales and distribution, using transaction codes like OBYC and VKOA.
  • Toolbox: Provides tips and tricks for analyzing account determinations using transaction codes like FBKP, OBL1 and S_ALR_87101048.

Read more

SAP FI-AA Simplified: Asset Accounting Q&A for Beginners

This document provides a collection of 50 Question & Answers for key concepts and features of Asset Accounting (FI-AA) in SAP. Asset Accounting is a module within SAP’s Financial Accounting component used to manage and track fixed assets of a company.

After reading this document of Q&A set, you will learn:

  • Introduction to Asset Accounting and its role as a subsidiary ledger to General Ledger
  • Key components like Asset Classes, Chart of Depreciation, Depreciation Areas
  • Asset master data and asset transactions like acquisitions, transfers, retirements
  • Depreciation calculation using depreciation keys and posting of depreciation
  • Integration points with other modules like CO, MM, PM
  • Periodic processing tasks like depreciation posting
  • Reporting options like Asset History Sheet, simulations and Asset Explorer
  • Old asset data transfer during implementation
  • Steps for production startup of Asset Accounting

Read more

SAP S/4HANA Financial Closing Cockpit: Thesis Approach

This document serves as a comprehensive thesis focused on the SAP S/4HANA Financial Closing Cockpit, presenting it as a solution for managing the complex process of financial close in companies. It highlights the challenges of the financial close operation, including the need for effective communication, detailed documentation, and task prioritization. The SAP Financial Closing Cockpit is introduced as a tool that aids companies in automating, overseeing, and managing the entire financial close process efficiently, aligning with best practices.

Unlike other configurations or key user documents shared on this site, this document is a thesis that adopts a unique approach to the SAP S/4HANA Financial Closing Cockpit tool.

Key content from the document are as:

  1. Introduction: Outlines the significance of the financial close process and its challenges.
  2. Definitions and Closing Work: Explains financial accounting concepts, the financial year, accounting periods, and details of the financial close process.
  3. SAP S/4HANA Financial Closing Cockpit: Discusses its role in financial accounting, including organizational levels, master data, components, and the financial close process within SAP S/4HANA.
  4. Financial Closing in a Company Case: Presents a practical case study of SAP Financial Closing Cockpit implementation.
  5. Conclusion: Summarizes the findings and implications of the thesis.

Read more

Revenue Accounting and Reporting (RAR) in SAP S/4HANA: Intro Presentation

This document provides an overview of Revenue Accounting and Reporting (RAR) application in SAP S/4HANA, which replaces the previous SD Revenue Recognition functionality in ECC 6.0 to comply with new accounting standards like IFRS 15. The paper discusses how RAR addresses limitations of SD Revenue Recognition, explains how the new 5-step revenue recognition model works, summarizes setup and migration considerations, and outlines key benefits in areas like general ledger accounting, accounts receivable, and reporting.

Major sections covered in the document are:

  • Introduction to SAP Revenue Accounting and Reporting in SAP S/4HANA
  • How RAR helps meet new IFRS 15 requirements
  • Industries impacted by the new standards
  • RAR features and methods for revenue recognition
  • RAR setup and migration considerations
  • Benefits in general ledger, accounts receivable, reporting

Read more

Streamlining Bank Account Management with SAP S/4HANA Workflow

This document provides an overview of how to leverage workflow functionality in SAP S/4HANA Finance for Bank Account Management (BAM). It introduces the standard workflows available for streamlining bank account opening, modification, and closing processes. Key configuration steps are covered to enable the workflows. A detailed example illustrates the workflow process flow for opening a new bank account.

Key topics covered in the document:

  • Overview of standard SAP workflows for bank account management
  • Configuration steps to activate bank account management workflows
  • Assigning responsibilities to workflow rules
  • Activating ICF services for Fiori apps
  • Process flow for opening a new bank account
  • Steps for bank accountant, cash manager, G/L accountant, and key user
  • Usage of relevant Fiori apps for workflow tasks
  • Approval history showing audit trail of workflow steps

Read more

Activate Material Ledger in SAP: 5 Steps Configuration Guide

This document outlines the basic configuration steps required to set up and activate the material ledger in SAP for inventory valuation. The material ledger provides additional detailed valuation capabilities compared to the traditional inventory valuation approach.

The key sections covered are:

  • Activating the material ledger for valuation areas (plants) – [Tcode CKM9, OMXI, CKMSTART]
  • Assigning currency types to material ledger types [Tcode OMX2]
  • Linking material ledger types to valuation areas [Tcode OMX3]
  • Defining material update structures for collecting valuation data
  • Assigning material update structures to valuation areas
  • Defining movement type groups for material ledger transactions
  • Assigning movement type groups to material ledger

Read more