SAP S/4HANA Finance: The Reference Guide to What's New
- 7h 7m
- Janet Salmon, Michel Haesendonckx
- Rheinwerk Publishing Inc.
- 2019
SAP ERP customers, take note: If you install SAP S/4HANA Finance but keep running your accounting practices as before, you ll be missing out.
With this guide to SAP S/4HANA Finance's innovations, uncover the fundamental changes that can transform your finance organization. You ve heard about Universal Journal, real-time processes, and UI improvements now learn how these changes will actually impact your accounting practices. From the redesigned steering model and unified planning to consolidation and real-time close, see where new processes affect your business users and how system efficiencies benefit your bottom line.
SAP S/4HANA can change your finance organization. Are you ready?
- Examine the differences between SAP Business Suite and SAP S/4HANA Finance
- Tap the potential of the Universal Journal, SAP Fiori, and more
- Understand how key features change your finance processes
The What
SAP S/4HANA Finance includes countless functional and technical upgrades. Consult the experts to learn which finance features help your financials department run faster and smarter.
The How
With this book, break through the jargon and get the details. From cash management to cost object controlling to actual costing, take a close look at how SAP S/4HANA Finance changes your processes.
The Why
Whether you re writing a business case or training super users, you need to explain why SAP S/4HANA Finance is worth the investment. Hear from the experts how SAP S/4HANA Finance addresses key stakeholders concerns, and prepare your financials team for process changes.
- Universal Journal
- Local and global accounting
- Financial process optimization
- SAP Fiori and real-time data
- Key figures for operational reporting
- Real-time financial close
- Predictive accounting
- Unified planning model
- Asset accounting
- Cost object controlling and actual costing
- Group reporting
- Cash management
About the Authors
Janet Salmon is the chief product owner for management accounting at SAP SE and has accompanied many developments to the Controlling components of SAP ERP Financials as both a product and a solution manager. She regularly works with key customers and user groups in the United States and Germany to understand their Controlling challenges and requirements. Her role is to design and implement innovative Controlling solutions with development teams in Germany and China.
Michel Haesendonckx is the global solution owner for financial planning and analysis at SAP SE with a broad expertise in finance and performance management, primarily focusing on management accounting and reporting. He is responsible for driving the go-to-market initiatives in this area for SAP and is highly involved in key innovation topics. He has 22 years of experience in the area of financial processes and analytics, of which 19 years have been focused on SAP solutions. Michel built his functional experience as an external auditor, a controller in the oil sector, and a CFO in the port logistics industry; he extended his view in this field through his leadership position in FP&A in a globally operating consulting organization.
In this Book
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The Universal Journal: Designing a Steering Model for the Business
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Local and Global Accounting: Changing Organizational Structures to Satisfy Various Requirements
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From Products to Services: Unifying Approaches to Controlling and Financial Operations
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Financial Process Optimization: Standardizing and Automating Processes
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SAP Fiori and Live Data: Merging Transactional and Analytics Data
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Key Figures for Operational Reporting: Measuring Financial Performance
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Real-Time Financial Close: Providing Timely Information
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Predictive Accounting: Providing Forward-Looking Insights
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Unified Planning Model: Moving from Financial Budgeting to Driver-Based Forecasting
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Asset Accounting: Making Real-Time Postings for Multiple Accounting Principles
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Inventory Accounting: Simplifying Material Valuation, Production Cost Analysis, and Actual Costing
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Group Reporting: Producing Consolidated Financial Statements
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Cash Management: Improving Cash Operations
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Tax and Legal Reporting: Ensuring Compliance with Key Requirements
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Cloud Extensions and Connectivity: Looking Beyond the Core
