Professional Documents
Culture Documents
SAP has a cycle of 11 months for release of On-premise edition for S/4HANA like 1511, 1610, 1709.
So, want to know from SAP, whether the release for 2018 will be 1808 I.E IN August ' 2018 or not.
We want this information to plan better for our ongoing S/4HANA projects.
S/4HANA 1511 EM has been a blockbuster product from SAP with multiple
innovations, functionality consolidations, deprecations over traditional ECC
ERP resulting in enhanced UI, faster processing, functionality enhancement
and multiple other benefits.
SAP has provided multiple tools like Maintenance Planner, Pre-Check Tools,
Custom Code Impact Analyzer, Data Migration Optimization (DMO) to
enable impact analysis, preparation and execution of direct movement from
ECC to S/4HANA 1511 which is termed as System Conversion.
At this juncture on Oct 31 2016, SAP has released next major version in this
series called S/4HANA 1610. S/4HANA 1610 is a good illustration of how
SAP continuously thrives to improve the overall functionality, architecture,
GUI, scalability, compatibility year on year.
Industry Solutions
If this conversion jump is too large, then they can look at moving from ECC
to 1511 first and then after couple of years of stabilization move to 1610 or
1710 (future release).
The previous release of SAP S/4HANA 1610 in finance area had concentrated on embedded real-
time software. The new capabilities and innovations in SAP S/4HANA 1610 allow the
manufacturers to manage the embedded software all through the product lifecycle. The new
product development is quickening by the businesses with the response to the collected
information about their scholarly products, the requirements based on the product design, and
observe the development of the product status, involving quality, outline as well as development
progress.
Another innovation with SAP S/4HANA 1610 is the undertaking administration arrangement and
improved portfolio, which is an extra SAP S/4HANA component that accentuations on the
supporting the venture and portfolio chiefs. SAP has completely refreshed the way a customer
works together with the structure to engage perfect adequacy.
The additional options in the SAP S/4HANA 1610 include the propelled availability of potential
functionality, incorporated quality administration and SAP S/4HANA for worldwide exchange.
This post fundamentally focuses on the latest innovation of SAP S/4HANA in the field of Simple
Finance lets have a look at them. There are a few points of interest of SAP S/4HANA within the
organization. The distinction with the typical FICO in R3 are discussed, including some of the
features which are involved in the Simple Finance 1.0 in 2014.
Improvement Summary:
Following are the limitations of the account based profitability analysis:
The sales conditions are not supported which are not posting to GL.
The realignment of attributes is somewhat upheld, which are modified in the wake of
posting.
The customers are able to maintain and manage the bank accounts with the help of a committed
application called Web Dynpro or Fiori application. The house bank can themselves created in a
customized way. The transaction of Fi12 is outdated now, which are supplanted by transaction
Fi12_hbank. In this manner, the procedure of creating the house bank and the house bank ledger
are disconnected and can be implemented in two separate spots.
7. New Asset Accounting
It is a pre-requirement to migrate towards the new asset accounting for transferring to S/4HANA
Finance due to the following reasons:
Resolution amongst GL and AA ensured
No data redundancy
A simplified outline of deterioration: just 1 CoD
No delta depreciation zones
Asset balance in real-time
Plan values in real-time
No data idealness
Image Source:s4hanablog.com
In SAP S/4HANA 1709, the innovations in the financial field involve embedded analytics
competences, improved real-time accounting and closing competences, advanced cloud apps on
the SAP cloud platform as well as the first machine learning scenario for finance.
Let’s now explore the five major areas in the finance, which is released with SAP S/4HANA 1709:
Source:blogs.sap.com
1.Central Finance: The first major area is the Central Finance, which involves an another Fiori
app. This apps grants you to visit to the documents related the central financial perspective and
also you can visit to the source document as well. In place of making payment to each source
system, it is easy to make the centralized payments as well as carry out centralized clearing tasks,
this is conceivable by utilizing the central payment feature for SAP central finance. An enhanced
VAT configuration check for the company code is likewise included in the 1709 release, which
allows you to trigger an improved check related to the taxes. It is essential to utilize this check for
the central payment.
The clients are looking for a solution for the replication of costing-based CO-PA in central finance,
in the SAP ERP foundation framework with respect to productivity based on account in SAP
S/4HANA, which is not bolstered yet. In provision with SAP S/4HANA 1709, the duplication is
supported by utilizing a tool-set, as a part of the custom implementation project. The accessible
tool-set contains CO-PA mapping tool and also an improved strategy of duplication.
2.Financial Planning and Analysis: In order to support product cost analysis, the various
new enhancements, for example, the SAP Fiori app are also delivering that support the financial
planning and analysis. A work focus view is included in this, which not just gives the picture
related to actual cost at work focus but it also provides the organized data. Apart from this, some
progress is achieved in the profitability analysis in Universal Journal. The splitting cost of products
retailed in SAP S/4HANA is improved and now a reporting app that demonstrates the realignment
results are also brought out. These enhancements help to provide a vibrant picture to the clients.
The new exercise manual is another incredible component designed for the cost of products which
are fabricated. Alternate innovations are semantic tagging and flexible hierarchies. These
innovations are based on master data features and tags. These two innovations provide a flexible
design and simplify the entire revealing capability.
3.Accounting and Financial Close: This is another innovation in the field of finance, which
is divided into posting and reporting view. An introduction to the document splitting is now
supporting according to the requirements of the customers. The SAP financial closing and
accounting is a fundamental portion of SAP S/4HANA 1709, in order to accomplish the speeder
element close through meeting the supervisory prerequisites. The financial and accounting close
supports in planning, executing, monitoring, and analyzing financial responsibilities for the objects
within the group. The intervallic recurring actions are likewise performed with the participation of
several agents. A new framework is provided by the advanced compliance reporting, which helps
to meet the acute compliance reporting needs for the several accounting principles.
4.Treasury Management: The various innovations and improvements are delivered within
the treasury management, here are the list of them:
The workflow functionality for the administration of financial account is reformed, so that a new
format for the workflow is now included, which further involves the new apps for processing and
tracking workflow requests and a new app called “Manage Workflows”.
5.Financial Operations: The financial operations in the SAP S/4HANA 1709 release include
four SAP cloud platform apps, i.e. SAP cloud for credit reconciliation, customer payments, for
digital payments and SAP cash application. These apps support the end-to-end techniques by
providing the cloud services. The enhanced incorporation of procedures between finance
operations and the business network applications is also an added advantage, including:
Conclusion:
Thus, it can be expressed that the advantages from the previous releases of SAP S/4HANA are
still continuing in the latest innovation in 1610 and 1709 SAP S/4HANA Simple Finance,
including the resolution and popularization of usually addressed challenges in the field of
reporting. These innovations make the Simple Finance an appreciated addition to any business
software infrastructure.
SAP mainly focuses on the enhancement and integration of Account based COPA with help of S/4HANA. It is a
preferred type of Profitability Analysis. Costing Based profitability analysis can be used in parallel, but there will be
no unification with the Universal Journal (ACDOCA table).
List of enhancements on Account-Based profitability analysis are listed below:
A split of Cost of Goods Sold on multiple accounts based on cost component split. This is done during the
posting of the Goods issue.
The split of production variances on multiple accounts which were done at order settlement.
Three new quantity fields are given in the line items and a BAdI for conversion of the logistical quantities to
common quantities in Finance.
Real-time derivation of market segment information from cost postings (Cost Center, order etc.)
Few sales conditions which are not posting to GL (statistical) are not bearable
The realignment of characteristics which change after posting is relatively supported
Creation of sales order generates expected revenue, COGS etc.
Signatory
Groupwise account management
Opening and Closing with approval process
Easily maintain bank accounts
Overdraft Limit
The conclusion
SAP S/4HANA can assist in changing your enterprise, providing a tailored service or product to an audience of one
across the globe. The opportunity does exists to completely alter the business processes and achieve the digital
transformation of your business with better automation and real-time visibility.
Obsolete and New Transaction codes in S/4 HANA Finance 1610
Certain Transaction codes and programs have been removed and partially replaced with new
transaction codes and programs in S4HANA Finance.
I have attempted to furnish the maximum information on replaced and Obsolete T codes in the OP
1610. If you find something missing in this list, please comment.
However there are certain transactions and reports which are no longer compliant with certain
country specific (transaction codes and programs) legal requirements have been removed.
Please avail the list in PDF format that manifests the country wise transaction codes and reports
which are no longer available in the note -2227963)
For more info on this, kindly refer the following notes and simplification list for SAP S/4 HANA 1610
Initial Shipment stack.