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What will your financial transformation look like? This introduction to SAP S/4HANA Finance shows you next-generation finance in the new suite: financial accounting, management accounting, risk management, financial planning, and more. Consider how each process works in SAP S/4HANA, and explore the SAP Fiori apps that help you meet today´s business user and reporting requirements. From previewing project planning to navigating deployment options, take your first steps toward financial transformation!

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... Preface ... 17

... Purpose of This Book ... 17

... Target Audience ... 17

... Structure of This Book ... 18

... Acknowledgments ... 20

1 ... Finance Transformation ... 23

1.1 ... Finance Transformation and the Role of a CFO ... 25

1.2 ... Evolving Finance Reporting Requirements ... 28

1.3 ... Advancements in Information Technology ... 31

1.4 ... Introduction to SAP S/4HANA Finance ... 32

1.5 ... Central Finance ... 39

1.6 ... Summary ... 41

2 ... Architecture ... 43

2.1 ... The System: SAP S/4HANA ... 43

2.2 ... The Database: SAP HANA ... 53

2.3 ... The User Experience: SAP Fiori ... 56

2.4 ... The Table Structure: Universal Journal ... 62

2.5 ... The Network: Peripheral Cloud Applications ... 64

2.6 ... Summary ... 74

3 ... Financial Accounting ... 75

3.1 ... General Ledger ... 75

3.2 ... Accounts Payable ... 90

3.3 ... Accounts Receivable ... 95

3.4 ... Asset Accounting ... 111

3.5 ... Central Processing ... 120

3.6 ... Reporting ... 121

3.7 ... Summary ... 122

4 ... Management Accounting ... 123

4.1 ... Cost Element Accounting ... 124

4.2 ... Overhead Cost Controlling ... 128

4.3 ... Product Cost Controlling ... 133

4.4 ... Material Ledger and Actual Costing ... 143

4.5 ... Profitability Analysis ... 149

4.6 ... Summary ... 157

5 ... Treasury and Risk Management ... 159

5.1 ... Cash Management ... 160

5.2 ... Liquidity Planning and Forecasting ... 166

5.3 ... Transaction and Risk Management ... 173

5.4 ... Bank Account Management ... 176

5.5 ... Advanced Compliance Reporting ... 187

5.6 ... Summary ... 191

6 ... Financial Planning ... 193

6.1 ... Strategic Planning ... 195

6.2 ... Budgeting ... 195

6.3 ... Forecasting ... 197

6.4 ... Challenges for Planning, Budgeting, and Forecasting ... 198

6.5 ... SAP Planning Product Overview ... 201

6.6 ... Enhancing Planning and Forecasting Capabilities ... 214

6.7 ... Summary ... 227

7 ... Financial Close and Consolidation ... 229

7.1 ... Entity Close ... 230
7.2 ... Settlements and Assessments ... 239

7.3 ... Intercompany Eliminations ... 248

7.4 ... Currency Translations ... 263

7.5 ... Consolidated Reporting ... 272

7.6 ... Summary ... 278

8 ... Reporting and Analytics ... 279

8.1 ... Advanced Compliance Reporting ... 279

8.2 ... Management Reporting ... 281

8.3 ... Reporting and Analytics Tools ... 283

8.4 ... Summary ... 335

9 ... Deployment Options ... 337

9.1 ... On-Premise Versus Public or Private Cloud ... 337

9.2 ... Single Instance versus Multiple Instances ... 344

9.3 ... Rollout Options (Big Bang or Rollout) ... 348

9.4 ... Central Finance ... 354

9.5 ... SAP MDG ... 364

9.6 ... SAP Fiori Deployment Options ... 366

9.7 ... Summary ... 368

10 ... Planning an SAP S/4HANA Finance Project ... 369

10.1 ... Designing the Landscape of the Future ... 369

10.2 ... Anticipating Project Complexity ... 372

10.3 ... Building a Business Case for Your Organization ... 376

10.4 ... Choosing an Implementation Approach ... 382

10.5 ... Learning from Existing Customers ... 387

10.6 ... Summary ... 388

... The Authors ... 389

... Index ... 391

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