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Cookbook: SAP S/4HANA Finance

 

The SAP S/4HANA Cookbook covers the most important aspects of implementing SAP Business Suite 4 SAP HANA (SAP S/4HANA).

The Cookbook consists of three main pages: ''What is SAP S/4HANA'', 'SAP S/4HANA Finance, 1605' (this page) and 'Implement with SAP Activate'.

Each main page includes a small set of subcategories that provide abstracts for specific topics, along with links for further deep-dive information.

You can easily click on the navigation menu below and, within the page you are on, jump directly to the topic that interests you.

Please use the SAP S/4HANA Community to raise questions about SAP S/4HANA.

For comments regarding the cookbook itself, please use this blog.

 

The SAP S/4HANA Cookbook is a 'living' resource and is & will continue to be updated regularly!

Table of Contents:

*click on the grey titles to get to those pages

SAP S/4HANA: Overview

What is available now:

  • SAP S/4HANA, On-premise 1610
  • SAP S/4HANA Finance 1605
  • SAP S/4HANA Cloud 1702

 Further capabilities

Transition options

Extensibility and Adaptation

Best Practices and enablement by SAP

SAP S/4HANA Finance 1605: Overview

Technical implementation

Functional implementation

Learning resources

SAP Activate Overview

End-to-end customer experience

Discover

Prepare

Explore

Realize

Deploy

Run



SAP S/4HANA and SAP S/4HANA Finance Overview

 

Context & SummaryRead on

SAP Simple Finance, the on-premise edition is a new SAP HANA-based finance solution, which is available with SAP Business Suite 4 HANA, or SAP S/4HANA. Simple Finance allows you to run trial balance sheets, P&L's and cash flow analysis any time of the day.

 

The picture below shows the main building blocks of SAP Simple Finance (accounting, cash management, integrated business planning). SAP Simple Finance is based on the proven SAP Business Suite with the SAP HANA platform underneath.

 

Note: The name 'SAP S/4HANAFinance' has been introduced in September 2015 and will replace the former name 'SAP Simple Finance' (often abbreviated sFIN). They both denote the same product, however, the 1503 product version is still called SAP Simple Finance 1503. Higher versions will follow the SAP S/4HANA Finance name schema.

If you do a free-text search for notes in SAP Service Marketplace / OSS, adding the term 'sFIN' to your search might help to find the right notes.

 

*CLICK ON THE IMAGES TO ENLARGE



 

 

 

 

 


SAP S/4HANA Finance Technical implementation


Context & SummaryRead on

 

SAP Simple Finance, on-premise comprises SAP Accounting powered by SAP HANA and SAP Cash Management powered by SAP HANA. In addition, it brings necessary technical components for SAP Integrated Business Planning for Finance and SAP Central Finance. Get yourself familiar with the Simple Finance release scope central note.

 

The slide collection gives an overview of the necessary considerations and steps during technical installation or upgrade of SAP Simple Finance,on-premise.

The administrator guide is the central information source for technical installation and upgrade of SAP Simple Finance, on-premise edition.

The prerequisites check is an ABAP report that does a preliminary check whether your current system meets the conditions for implementing SAP Simple Finance.

Sizing information for SAP Simple Finance, on-premise:

For the migration of existing systems, you can analyze the existing data footprint and the estimated sizing proposal for an SAP HANA-based installation with the mentioned SAP note.

For greenfield implementations, the SAP HANA quick sizer will give you a first estimate on your sizing.

Note: Only MS Internet Explorer is supported

With the installation of SAP Simple Finance, on-premise totals and application index tables were removed and replaced by equally named DDL SQL views, so-called compatibility views. These views are generated from DDL sources. This replacement takes place during the add-on installation of SAP Simple Finance (using the SAP SUM tool); related data is secured into backup tables. The compatibility views ensure database SELECTs do work as before. However any write access (INSERT, UPDATE, DELETE, MODIFY) was removed from SAP standard, respectively has to be removed from custom code – refer to SAP note 1976487.

 

*The following sections describe the functional areas of SAP S/4HANA and SAP S/4HANA Finance in detail.

 


 

SAP S/4HANA Finance Functional Implementation


SAP Accounting powered by SAP HANA, Overview

 

Context & SummaryRead on

 

 

SAP Accounting powered by SAP HANA contains General Ledger Accounting, Controlling, and Asset Accounting.

Existing customers, who want to implement and use SAP Accounting powered by SAP HANA, must migrate the existing data from the G/L Accounting (FI-GL), Asset Accounting (FI-AA), Controlling (CO) and Material Ledger areas. This application data migration does the adaptation to the table structures and is different from the database migration to SAP HANA that needs to be done in addition if the source system is not on SAP HANA already.

 

 

 

Refer to the Migration Guide on help.sap.com for all necessary application migration steps, which should be executed by application experts (involve them prior to installation of SAP Simple Finance):

  • Migration Preparation
  • Migration
  • Post-migration
  • Migration to FI-AA (new)

Additional necessary configuration steps are described in the Configuration Guide for SAP Simple Finance, OnPremise Edition.

Refer to SAP Note for application migration steps for new Simple Finance, on-premise edition installation.

 

SAP Cash Management powered by SAP HANA, Overview

 

Context & SummaryRead on

 

SAP Cash Management powered by SAP HANA is SAP's new generation of cash and liquidity management product. It contains Bank Account Management, Cash Concentration, Daily Cash Operations and Liquidity Management. The necessary BI content for enabling Liquidity Planning and Liquidity Forecast is also available.

SAP Cash Management powered by SAP HANA does require a separate license.

 

After the installation of SAP Simple Finance, on-premise, the Business Function for SAP Cash Management powered by SAP HANA should be switched on in order to leverage the full functions and features.

Refer to the "Configuration Guide for SAP Cash Management powered by SAP HANA" to set up the necessary configuration.

It is necessary to setup data according to "Data Setup Guide for SAP Cash Management powered by SAP HANA".

 

SAP Integrated Business Planning for Finance, Overview


Context & SummaryRead on

 

SAP Integrated Business Planning for Finance provides a consistent view of the planning process. The application leverages the embedded model technology from SAP Business Planning and Consolidation 10.1, version for SAP NetWeaver, and a separate license is required. Customers who want to perform consolidation can install SAP Business Planning and Consolidation in addition.

Refer to "Integrated Business Planning for SAP Simple Finance" to start working with this application.

 

SAP Fiori and Analytics for Simple Finance, Overview


Context & SummaryRead on

SAP Fiori delivers a personalized, role-based user experience (UX) for SAP software. Using modern design principles, it simplifies the UX across all lines of business, tasks, and devices – to reflect the way you actually work throughout your day. SAP S/4HANA and SAP Simple Finance are natively designed with the UX and include a number of finance role-based Apps.

SAP Fiori & UX for Simple Finance

For release information on SAP Fiori for SAP S/4HANA and SAP S/4HANA Finance, refer to these: SAP Note 2117719, SAP Note 2242596, SAP Note 2255079, SAP Note 2260914.


General information about SAP Fiori:

Smart Business Cockpits are based on SAP Fiori and tailored to help business users decide and act in real-time. A user can analyze strategic or operational KPIs, evaluate the situation, and trigger needed follow-up actions immediately.

For release information on SAP Smart Business for Simple Finance, refer to the accompanying SAP Note 2144098, SAP Note 2259134, SAP Note 2122588.

SAP Smart Business for Simple Finance:

SAP HANA Live provides enhanced quality for analytics across SAP Business Suite applications (including SAP Simple Finance) by enabling industry-standard access to SAP data through easily understandable data models.

The administrator guide and the SAP release note contain more information about technical setup, configuration, and operation.

 

Analytics & SAP HANA Live for Simple Finance

 

SAP Central Finance, Overview


Context & SummaryRead on

With SAP Central Finance, you can transition to SAP Simple Finance without disruption to your current system landscape which may consist of multiple SAP and non-SAP systems. One central finance system serves as a hub for a consolidated financial and management reporting items that are being re-posted from other connected. A separate license is required to use SAP Central Finance.

Please refer to FAQ Note on Central Finance as starting point.

 

Please refer to the Administrator Guide for Central Finance as the single entry point to start implementation. The guide includes:

  • Introduction with references to related documents and relevant SAP notes
  • System Landscape
  • Configuration

 


Refer to Application Help for Central Finance for operational information.

A central finance scenario can also use SAP Master Data Governance (SAP MDG) to manage, harmonize and consolidate master data in your central finance reporting system (in case your various source system use non-harmonized data).

The read-on presentation explains the integration concept and capabilities of this approach.

 

 

 

Learning Resources for SAP Simple Finance

 

Context & SummaryRead on

SAP Early Knowledge Transfer (EKT) material for SAP Simple Finance on SAP Learning Hub provides you with deep knowledge about the product, covering technical installation as well as functional features and implementation information.

 

The following learning maps are available:

 


You need a valid subscription license for the SAP Learning Hub, otherwise, those links will not work. Please see information on the right for details.

 

 

 

 




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