SAP ERP to SAP S/4HANA 1709 Delta Scope Solution Capability: Closing Operations
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1 SAP ERP to SAP S/4HANA 1709 Delta Scope Solution Capability: Closing Operations
2 *Additional license - **Additional installation and license C (Partially) Compatibility scope SAP S/4HANA 1709 SAP S/4HANA Suite Human Resources Sourcing and Procurement Manufacturing Supply Chain Suite** Products* SAP S/4HANA Enterprise Management Governance, risk, and compliance for finance Financial services network SAP digital payments add-on SAP Cash application Financial planning and analysis and financial close Treasury management Advanced financial operations Commodity management Governance, risk, and compliance Core accounting Cost management and profitability analysis Basic financial operations Order and contract management Core human resources and payroll Talent management Time and attendance management Human capital analytics Time recording Service master data and agreement management c Service operations and processes c Service parts management c Supplier collaboration Business network Guided end-user buying External workforce management Extended procurement Operational purchasing Collaborative sourcing and contract management Supplier management Procurement analytics Responsive manufacturing (ME, MII, QIM, VE) Production operations (MII, QIM) Digital operations for manufacturing Complex manufacturing Production operations Quality management Manufacturing insights Maintenance management Integrated business planning Global batch traceability Extended warehouse management Transportation management Extended production scheduling and delivery planning Advanced inventory, warehousing, and transportation Basic inventory, warehousing, and transportation Production planning Project control Product development Product engineering Products* Sales performance management (ICM) Subscription billing and revenue management (BRIM) Asset operations and maintenance c Environment, health, and safety Enterprise portfolio and project management c Product lifecycle management Product safety and stewardship Suite** SAP Hybris Sales Cloud portfolio SAP digital payments add-on SAP CRM SAP Hybris Service Cloud SAP Hybris Service Engagement Center SAP Hybris Commerce solution SAP Hybris Marketing Cloud solution SAP CRM Asset performance and intelligence Digital operations for R&D Sales Service Marketing and Commerce Asset Management R&D/Engineering *Additional license **Additional installation and license C (Partially) compatibility scope Industries 2
3 SAP ERP to SAP S/4HANA 1709 LoB Core closing operations and Financial Close Subscription Billing and Revenue Management Treasury Management Advanced Financial Operations Financial Planning and Analysis Cost Management and Profitability Analysis Core CORE ACCOUNTING Asset Closing Operations Financial General Ledger Inventory Revenue and Cost Basic Compliance Purpose Benefits Simplify corporate accounting and financial close processes while improving accuracy and compliance by recording financial accounting data for multiple companies, currencies, charts of accounts, accounting principles, and industry requirements Close books, create financial statements, and manage reports at the entity and corporate levels according to International Financial Standards (IFRS) as well as local legal regulations Perform soft closes to produce interim reports Cut the time to close books by: Supporting fast, accurate, peer-to-peer intercompany reconciliation Automating and accelerating closing tasks Increasing user efficiency Decrease finance department costs and streamline administrative processes by enabling automated, highly efficient tasks for intercompany reconciliation and closing operations Accelerate closing operations through automation and standardization Run comprehensive closing functionality of the general ledger and subledgers Support quick, efficient, peer-to-peer reconciliation of intercompany balances and invoices between group subsidiaries 3
4 SAP ERP to SAP S/4HANA 1709 LoB Core closing operations and Financial Close Subscription Billing and Revenue Management Treasury Management Advanced Financial Operations Financial Planning and Analysis Cost Management and Profitability Analysis Core CORE ACCOUNTING Asset Closing Operations Financial General Ledger Inventory Revenue and Cost Basic Compliance Functional changes User experience improvement Data innovations Option to apply overhead in real time rather than waiting for period close Option to derive market segment information in real time from postings to cost centers, internal orders, or work breakdown structure elements Accelerated transactions for settlement, variance calculation, and work-in-progress calculation, delivering fast, real-time results by leveraging the power of in-memory computing No longer any maintenance of closing cockpit functionality (limited free version) with SAP S/4HANA; use of SAP Financial Closing cockpit (separate license) encouraged No support currently of SAP Invoice and Goods Receipt Reconciliation analytic application in SAP S/4HANA SAP Fiori based user experience across all process steps Roles with new, dedicated SAP Fiori apps: General Ledger Accountant Cost Accountant Inventory Cost Accountant Production Cost Accountant Sales Cost Accountant Overhead For additional information on roles and apps, visit the SAP Fiori apps reference library. Single transaction table for general ledger, controlling, asset accounting, and inventory accounting items, eliminating the need for reconciliation Intercompany reconciliation with real-time access to open items in accounts receivable and accounts payable, eliminating the need to store items in a special ledger 4
5 2017 SAP SE or an SAP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE or an SAP affiliate company. The information contained herein may be changed without prior notice. Some software products marketed by SAP SE and its distributors contain proprietary software components of other software vendors. National product specifications may vary. These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or warranty of any kind, and SAP or its affiliated companies shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP or SAP affiliate company products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty. In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and SAP SE s or its affiliated companies strategy and possible future developments, products, and/or platform directions and functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, and they should not be relied upon in making purchasing decisions. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. See for additional trademark information and notices.
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