SAP AFC Innovations as on April 2022

SAP Advanced Financial close Version 2022 of the product has some much required and useful features. The full listing can be found in "What's new" pdf from SAP Website https://help.sap.com/docs/AFC SAP S/4HANA Cloud for advanced financial closing (AFC) first version was launched on December 16th, 2020Features available as on 2021 --> Key / few features shared … Continue reading SAP AFC Innovations as on April 2022

POV_SAP S/4HANA Advanced Financial Close (AFC)

What is SAP S/4HANA Cloud for Advanced Financial Close (AFC) ? SAP S/4HANA Cloud for advanced financial closing (AFC) is SAP's go-to strategic solution for entity close management and orchestration - supporting the planning, execution, monitoring and analysis of period-end closing tasks for all entities of a corporation. Prior to SAP S/4HANA Cloud for Adcanced … Continue reading POV_SAP S/4HANA Advanced Financial Close (AFC)

Profit-Center Accounting in S/4HANA

2425255 - Profit Center Accounting in the universal journal in SAP S/4HANA, on-premise edition Classical Profit-Center Accounting Vs S/4HANA Profit-Center Accounting You want to know how Profit Center Accounting (PCA) is mapped in the context of SAP S/4HANA andto what extent classic Profit Center Accounting can be used in parallel with SAP S/4HANA.How long selected functions … Continue reading Profit-Center Accounting in S/4HANA

P2P Accounting-Entries

Purchase Cycle (PO till Invoice) ·  ME21N : Create PO : No Accounting-entry Freight Condition, change Vendor# for Freight ·  MIGO : Goods Received, (Movement-type +101) 89 13600000 Inv. Trading FG +ve Debit96 21120000 GR/IR -ve Credit50 21730000 Freight-Clearing 0ve Credit ·  MIRO : 2 Invoices against Single PO 1. Goods/Services Invoice2. Planned Delivery Cost … Continue reading P2P Accounting-Entries

Accounts Payables (AP) Process-TCODES

MM-FI Accounts Payable ME21N Create Purchase-OrderMIGO Receive goods against POMIRO Enter Incoming-Invoice MIR7 Park Incoming Vendor-Invoice MR8M Cancel Incoming-Invoice MIR6 : Invoice Overview (MIR6)MRRL : Evaluated Receipt Settlement (MRRL)MRNB : Revaluation (MRNB)MRIS : Invoicing Plan (MRIS) Invoice Verification in the Background (RMBABG00)In the status message, EDI invoices also receive the accounting document number Standard Document-type … Continue reading Accounts Payables (AP) Process-TCODES

BSEG & ACDOCA… Fields

ACDOCA is not made out of BSEG, BSEG is still a proper table and it stores entry view line items of the accounting document. FAGLFLXA (Along with BSIS, BSAS, BSID, BSAD, BSAK, BSIK, Asset tables, CO Tables and ML tables) and FAGLFLEXT gets migrated to ACDOCA and ACDOCT respectively. Main Finance tables in S/4 HANA … Continue reading BSEG & ACDOCA… Fields

SAP S/4HANA 2020

Today 7th October 2020, SAP released it's version S/4HANA 2020 On-Premise Digital Core The key highlights of the S/4HANA 2020 in space of Finance are summarized below : Simplified Bank Relationship Management process reducing the use of general ledger (G/L) accounts as bank accounts by simplifying bank relationship-management processes. Using the same sets of bank reconciliation … Continue reading SAP S/4HANA 2020

S/4HANA Margin Analysis

From SAP S/4HANA 1909 & in S/4HANA Cloud, Profitability Analysis has been enhanced and renamed as "Margin Analysis". S/4HANA 1909 - Margin Analysis (Top-down as well as bottom-up) In S/4HANA Cloud, "Margin Analysis" is mendatory. In S/4HANA On-Premise, it's recommended SAP S/4HANA 1909 The Functionality comparison with S/4HANA 1909 From Costing-Based COPA to ---> S/4HANA … Continue reading S/4HANA Margin Analysis

MACRS : Asset Acquisitions(Mid-Quarter-Convention) S_ALR_87012047

Business -Requirement What does mid quarter mean? The mid-quarter convention treats all property placed in service (or disposed of) during any quarter as placed in service (or disposed of) on the midpoint of that quarter. Mid-Quarter Convention (USA) There are certain tax laws (mid-quarter convention) in the United States that require you to calculate depreciation on the basis of half-periods. … Continue reading MACRS : Asset Acquisitions(Mid-Quarter-Convention) S_ALR_87012047

Mixed-Costing (a)Within-a-PLANT (b) Across-Plant/Comp.Code

SAP mixed costing --> to cost a material using multiple alternative methods, e.g. when you manufacture a material with different internal processes,  then specify these through separate production versions. When we execute a cost estimate the system calculates the cost for each production version then calculates an average unit cost using weighting factors. When we … Continue reading Mixed-Costing (a)Within-a-PLANT (b) Across-Plant/Comp.Code

Product-Costing User-Exit

Develop Enhancements for Material Costing The following SAP enhancements are available for the area Cost Estimate with Quantity Structure: Costing Reports (SAPLXCKA)Costing Production Resources and Tools (COPCP003)Material Valuation with Cross-Company Costing (COPCP001)Costing Bulk Materials (COPCP004)Valuation Price for Materials from User Exit (COPCP005) Let's have a look at User-Exits for Costing-Reports: SAPLXCKA 1. Costing Reports: SAPLXCKA … Continue reading Product-Costing User-Exit

S4BP – Chart of Account : YCOA

S/4HANA Best Practice - Today let's look at SAP S/4HANA Best Practice, Chart of Account , YCOA Chart of accounts is a list of G/L accounts. G/L account master data contains the data for the General Ledger to determine the function of the account. G/L account master records control the posting of accounting transactions to … Continue reading S4BP – Chart of Account : YCOA

For Existing SAP Customers : Possible Options to address Retrospective effect for Group Chart of Accounts

Situation : customer who have about 4-5 company codes, all of which have different charts-of-accounts assigned. Therefore they cannot report across company (as they are in different CO Areas – because the chart isn’t the same in all company codes) & the systems are already live. Final Objective : Put a group chart in to … Continue reading For Existing SAP Customers : Possible Options to address Retrospective effect for Group Chart of Accounts

2800818 – SAP S/4HANA 1909: Release Information Note for Finance

Ref. Version 1 from Sep 24, 2019 , If You are using or implementing SAP S/4HANA 1909, then SAP Note# 2800818 describes information that is especially relevant for upgrade from an SAP ERP EHP release or an SAP S/4 HANA Finance release & 2769531 - SAP S/4HANA 1909: Release Information Note Amount Field Length Extension In Version 1809, … Continue reading 2800818 – SAP S/4HANA 1909: Release Information Note for Finance

WN 1809 – COGS : 4.1.1.6 COGS Split Based On Actual Cost Component Split

COGS = Cost of Goods Sold COGM = Cost of Goods Manufactured COGM = Material + labor + Manufacturing OverheadCOGS = COGM + Sales Overhead Cost of goods sold (COGS) is the aggregate of amounts spent on selling a finished material to a customerIt includes multiple cost componentsIn SAP S/4HANA, there is a new feature … Continue reading WN 1809 – COGS : 4.1.1.6 COGS Split Based On Actual Cost Component Split

12.1 S4TWL – Reference and Simulation Costing : 2349294

12.1 S4TWL - Reference and Simulation Costing Application Components: CO-PC-PCP-REF System Conversion : Check existing processes for cost estimation : If You are currently using base planning objects (i.e CKHS-BZOBJ ='1' has records) to store cost estimates that can be included in cost estimates for projects, sales orders and so on as items of type … Continue reading 12.1 S4TWL – Reference and Simulation Costing : 2349294

WN : 1809 – Controlling – Production Cost-Analysis Enhancement

For 1709 S/4HANA, during Production-Order Costing, some customers did face the error PLANORD01 and the reason looks like (however this needs to be investigated further), it could be due to the enhancement based on new data-structure and new calculation logic. From SAP S/4 HANA 1809, Production Cost Analysis is enhanced based on a new data … Continue reading WN : 1809 – Controlling – Production Cost-Analysis Enhancement

WN : 1809 – Controlling – CostingRun – Quantity Structure Explosion

In S/4HANA 1809, In costing runs, quantity structure explosion is now part of the Selection step rather than a separate, optional step in the process flow. Explosion can be triggered with the Multilevel Quantity Structure Explosion option in the Selection step. Business Benefit : You use this option if you want to ensure that the … Continue reading WN : 1809 – Controlling – CostingRun – Quantity Structure Explosion

WN : 1809 – Controlling – CostingRun – Recurrence

Starting 1809 OP, Costing-Run can be set-up for a Recurrence Frequency of Once / Monthly / Quarterly / Yearly. CK40N Costing runs now offer a recurrence feature. This makes it possible to execute a costing run on a monthly, quarterly, or yearly basis without having to create the run manually each time. When you create … Continue reading WN : 1809 – Controlling – CostingRun – Recurrence

24.5 S4TWL – DATA MODEL IN INVENTORY MANAGEMENT (MM-IM) – 2206980

T156X : T156X is a SAP standard transparent table used for storing Trans./Event Key Modification related data in SAP. It comes under the package MB 2206980 : Material Inventory Managment: change of data model in S/4HANA 1.2.2 : Fields representing a customer defined stock type or quantity/value to be aggregated If own stock types or a dimension which needs … Continue reading 24.5 S4TWL – DATA MODEL IN INVENTORY MANAGEMENT (MM-IM) – 2206980

S4HANA 1809 Finance-Innovations

Many important new and enhanced capabilities are made available with the S/4HANA 1809 release supporting the finance function SAP S/4HANA 1809 – Finance Overview SAP S/4HANA 1809 – Margin Analysis SAP S/4HANA 1809 – Predictive Accounting SAP S/4HANA 1809 – Embedded Analytics SAP S/4HANA 1809 – Accruals Management SAP S/4HANA 1809 – Goods and Invoice … Continue reading S4HANA 1809 Finance-Innovations

Planning in S/4HANA & SAC

There are lot of simplifications and improvements in some of the planning activities done in ECC and their equivalent in S/4HANA and SAP Analytics Cloud (SAC) S/4HANA Simplification List The ECC planning functionalities have been deprecated and replaced when S/4HANA was released The classic ERP FI-GL (new) planning is no longer supported in S/4HANA Finance … Continue reading Planning in S/4HANA & SAC

10.1 S4TWL – DATA STRUCTURE CHANGES IN ASSET ACCOUNTING – 2270387

To be able to use new Asset Accounting in SAP S/4HANA, you have to also use new General Ledger Accounting. If you were using classic General Ledger Accounting before the conversion to SAP S/4HANA, new General Ledger Accounting is activated automatically with the conversion The data structures of Asset Accounting have changed as follows:• Actual … Continue reading 10.1 S4TWL – DATA STRUCTURE CHANGES IN ASSET ACCOUNTING – 2270387

10.2 S4TWL – Asset Accounting: Parallel valuation and journal entry – 2270388

From classic Asset Accounting to ---> using new Asset Accounting in SAP S/4HANA In S/4HANA, NEW Asset-Accounting is mendatoryIn S/4HANA, NEW GL is mendatoryThis blog thus focuses on Switching from "Classic Asset-Accounting" to using new Asset Accounting in SAP S/4HANA, with new General Ledger Accounting.If you were using classic General Ledger Accounting before the conversion … Continue reading 10.2 S4TWL – Asset Accounting: Parallel valuation and journal entry – 2270388

AP – Vendor-Invoice

Accounts Payables : Invoice thru MM-FI (MIRO)PTP (Procure to Pay - against a Purchase Order)Direct ProcurementFinance - Invoice (FB60)Indirect ProcurementMIRO : if you have open PO and system needs to post the Invoices to close the status of POs - MIROif you wanted to generate inventory then you have to follow the PTP process and … Continue reading AP – Vendor-Invoice

Statistical WBS & Real WBS

What is Statistical Posting & REAL Posting in Controlling ? The posting in CO could be either actual or statistical. If you choose to post on 2 or more different cost objects, posting on one object will be real and and on all others - statistical. In most standard reports, you can see whether the figures mentioned … Continue reading Statistical WBS & Real WBS

Cost & Revenue on Project-WBS

Cost- Incurred during expense. In normal scenario we book this on cost centre. For booking it in wbs we have to enter wbs instead of cost centre. This field is available in all FI Posting T codes(Subject to field status variant config) beside cost centre. Similar is the case in revenue. Here we enter profit … Continue reading Cost & Revenue on Project-WBS

12.5 S4TWL Planning – P&L, ProfitCenter, CostCenter, ORder, Project : ACDOCAP

2270407 : S4TWL - Profit and Loss Planning, profit center planning, cost center planning, order planning, and project planning Reason and Prerequisites : This Simplification Item is relevant if:• Profit Center Planning is used if entries exist in Table GLPCP (check with SE16).• CO-OM Planning is used if entries exist in Table COEJ (check with … Continue reading 12.5 S4TWL Planning – P&L, ProfitCenter, CostCenter, ORder, Project : ACDOCAP

12.4 S4TWL – TECHNICAL CHANGES IN CONTROLLING

2270404 : S4TWL - Technical Changes in Controlling : from ERP ECC 6.0 (EHP 7 or higher) to S/4 HANA Business-Process Impact No impact on the standard SAP business processes (Only Technical)In Customized-Implementation migration to S/4HANA : It might be required to adapt Custom Code if fields have been added to the totals table or … Continue reading 12.4 S4TWL – TECHNICAL CHANGES IN CONTROLLING

12.3 S4TWL – Technical Changes in Material Ledger with Actual Costing

SAP NOTE# 2354768 - Technical Changes in Material Ledger with Actual Costing With S/4HANA the data model for material ledger data has been changed significantly, especially when actual costing is active. ( Actual-Costing is Active - Technically this can be verified via database table T001W, field MGVUPD. 'X' means that Material Ledger Actual Costing is active … Continue reading 12.3 S4TWL – Technical Changes in Material Ledger with Actual Costing

2638465 – MRP differences between S/4HANA and ERP systems

Master-NOTE covering MRP-Difference between SAP S/4HANA & SAP ECC Resolution MRP live (T-code MD01N) is suggested to run MRP on S/4HANA systems though Classic MRP t-codes are still available.KBA  2640393 - Differences between t-code MD01N and classic MRP t-codes MD01/MD02/MD03Note 2268085 - S4TWL - MRP live on SAP HANA - MD01NMRP sourcing:Note 2268069 - S4TWL - Simplified SourcingKBA  2614920 - Sourcing priority during MRP in … Continue reading 2638465 – MRP differences between S/4HANA and ERP systems

Finance S4TWL

TOPIC & Sub-TOPIC SAP-NOTE#Summary8. Financials – General 8.1 S4TWL - DATA MODEL CHANGES IN FIN 2270333 8.2 S4TWL - REPLACED TRANSACTION CODES AND PROGRAMS IN FIN  27426138.3 S4TWL - Plan data is not migrated to SAP S/4HANA 9. Financials - Accounts Payable/Accounts Receivable  9.1 S4TWL - Integration with FSCM Biller Direct (FI-AR) 9.2 S4TWL - Integration with FSCM Biller Direct (FI-AP) 10. Financials … Continue reading Finance S4TWL

Manage Production Version

2267880 :S4TWL - BOM, Routing, Production Version Production versions are mandatory in S/4HANA MRP, planned order creation, and production order creation only find a BOM and routing alternative if a production version is maintained for the BOM and routing alternative Business-Benefit / Business CAse From CONFIG to MASTER-DATA, easy Maintainance. In S/4 HANA Production version … Continue reading Manage Production Version

SDDLAR – ABAP CDS View

What is CoreDataService aka CDS ? CDS views are part of SAP’s new programming model. Core Data Services, or CDS, is a “semantically rich” Data Definition Language (or DDL) created by SAP. It provides an easy to understand and reusable tool that ABAP developers can utilize to execute the “code pushdown” paradigm. CDS has evolved … Continue reading SDDLAR – ABAP CDS View

MMFI OBYC – Diff. between UMB, UMD and BSX, BSD

Revenue/expense from revaluation (UMB) This transaction/event key is used both in Inventory Management and in Invoice Verification if the standard price of a material has been changed and a movement or an invoice is posted to the previous period (at the previous price). Expenditure/income from revaluation (UMD) This account is the offsetting account for the … Continue reading MMFI OBYC – Diff. between UMB, UMD and BSX, BSD

A maintenance view exists for table & . Message no. MO418

S/4HANA Example A maintenance view exists for table SKA1 Message no. MO418 Diagnosis : A maintenance view exists for table SKA1. System Response : You cannot edit this kind of table in general table display mode. You can only display the table in the Data Browser. Procedure : You should use transaction SM30 or choose … Continue reading A maintenance view exists for table & . Message no. MO418

S/4HANA 1709 : Production-Order Costing : Error

Error : you cost a production/process order (CO02/COR3).You enter the order number.Preform the cost calculation.You receive FINS_ACDOC_PLANNING009; "Category PLANORD01 does not exist" Reason & RESOLUTION Cause There is missing customizing in SPRO. The category PLANORD01 for production order costing is normally predelivered so it is not necessary for customers to create it manually.  Currently we don't know … Continue reading S/4HANA 1709 : Production-Order Costing : Error

Group-Reporting in SAP S/4HANA World

Group reporting supports the computation, creation, and disclosure of consolidated reports that provide information on the performance of a corporate group and consists of topics such as consolidation, reporting and analysis, and plan consolidation. Integration The figure below depicts how group reporting as part of SAP S/4HANA is integrated with SAP Group Reporting Data Collection and SAP Analytics Cloud and is … Continue reading Group-Reporting in SAP S/4HANA World

Adopting SAP S/4HANA : Is it NEW Product? Is it ERP-Upgrade? Migration ?? & Selecting the “RIGHT” End-Release : 1503 or 1511+

Adopting S/4HANA --> (1) New Installations (End RELEASE??) (2) Existing (Start RELEASE??) ----> S/4HANA (End RELEASE ??)In both scenarios deciding on the "END Release" is important.For existing clients the Transition-Path and approach {New / System Conversion / Landscape Transformation } will be more complex & depend on multiple criteria..... (but that discussion is for another … Continue reading Adopting SAP S/4HANA : Is it NEW Product? Is it ERP-Upgrade? Migration ?? & Selecting the “RIGHT” End-Release : 1503 or 1511+

Realtime Consolidation with S/4HANA – starting 1610

Introduction:SAP has recently released S/4HANA 1610, it has released highly anticipated feature for SAP BPC Embedded i.e. “Real-Time Consolidation”. It is a huge step forward, and it will certainly help to increase the adoption rate of SAP BPC for S/4 HANA.Real-Time Consolidation is part of the S4CORE component. Therefore, no additional installation is required if you … Continue reading Realtime Consolidation with S/4HANA – starting 1610

SAP S/4HANA Enterprise Management 1610 : Key Changes : Summarized Functional listing

Key features covered in SAP S/4HANA Enterprise Management OP 1610... a Summarized Functional listing... SAP S/4HANA Finance *»SAP Ariba Integration without the need of add-on installation / remittance advice»HCP: Customer payment portal, Credit information integration for SAP Credit Management, SAP Profit and Loss Insights»Integrated Business Planning: New universal planning journal; Central Profit Center Reporting»Central Finance: … Continue reading SAP S/4HANA Enterprise Management 1610 : Key Changes : Summarized Functional listing

S/4HANA 1511 – FAQ

What is 1511 ? SAP S/4HANA on-premise latest version is referred to and termed as "1511" SAP S/4HANA, on-premise edition 1511 SP00http://help.sap.com/s4hana_op_1511 Key SAP Notes :2189824 - SAP S/4HANA, on-premise edition 1511: Release Information Note2214213 - SAP S/4HANA, on-premise edition 1511: Restriction Note2228890 - SAP S/4HANA, on-premise edition 1511, Country Versions: Release Information & Restriction … Continue reading S/4HANA 1511 – FAQ

S/4HANA 1610 – FAQ

What is 1610 ? SAP S/4HANA 1610 is latest release of SAP S/4HANA® On-Premise. , SAP's next-generation ERP suite. S/4HANA offers immediate insight, intelligence for better decisions,and integration within organization and beyond. It provides the digital core needed to succeed in today’s digital world.Built on SAP HANA®, SAP's industry-leading in-memory computing platform, SAP S/4HANA can … Continue reading S/4HANA 1610 – FAQ

SAP S/4HANA – what is scope or coverage of S/4HANA ??

Are you, like many others, confused about what is scope coverage of SAP S/4HANA ?? then this is the article for you. Here I try to throw some light on topic and list reasons that contribute to the question. But first thing first, I presume that you would be aware about SAP S/4HANA, the newly … Continue reading SAP S/4HANA – what is scope or coverage of S/4HANA ??

Want to Implement S/4HANA. Are you ready and prepared to start your Digital Transformation Journey ?

The awareness and interest in Digital Transformation is slowing picking up. I experienced that the Client as well as Support and Implementation partners want to know more about it. I have teams and clients enquiring – I want to implement S/4HANA. What do you suggest? What they want to know and check – where to start & what … Continue reading Want to Implement S/4HANA. Are you ready and prepared to start your Digital Transformation Journey ?

S/4HANA Adoption : A checklist

Happy to share the learnings gathered during my S/4HANA Journey so far: 1. Digital Transformation SHOULD NOT be RUN in PURE AGILE. Stick to ACTIVATE. Do not reinvent the wheel. Understand in detail available Best-practice processes. if required ask for / agree for multiple POC's. DESIGN Upfront, NOT in time-buckets or sprints.This would be Choice of recommendation for … Continue reading S/4HANA Adoption : A checklist

SAP S/4HANA 1709 Simplification Listing

SAP S/4HANA Enterprise Management covers Finance and Logistics changes and innovations. The Simplification Listing covers a basic high-level list-items for all modules in SAP S/4HANA Enterprise Management, highlighting the topics which needs to be studied to understand the changes / Differences in S/4HANA from ECC and its one earlier versions of S/4HANA Enterprise Management . … Continue reading SAP S/4HANA 1709 Simplification Listing

SAP S/4HANA 1909 – 5th Wave Innovations

SAP S/4HANA 1909 - Release Info SAP released SAP S/4HANA 1909, the 5th release of SAP S/4HANA Enterprise MAnagement. Product-Details can be found at product-viewer-link NOTE : This blog-post will be updated as I continue my study of SAP S/4HANA 1909 version. SAP S/4HANA 1909 - Finance Innovations AreaSub-Area1909 InnovationBusiness CAse ProfitabilityTOP-Down Distribution, based on … Continue reading SAP S/4HANA 1909 – 5th Wave Innovations

SAP S/4HANA and Level-6 BPML

What shoud we choose ? SAP Best Practice Business Process Master List (BPML)’s Levels (L1-L6) SAP S/4HANA Line-of-Business’s Business Area's List of Business-Processess   Today afternoon, one colleague called me as he desperately wanted the definitions of levels (L1-L6) in “Business Process Master List” (BPML). Being in SAP world for some time now, my immediate … Continue reading SAP S/4HANA and Level-6 BPML