Accounting & Controlling powered by SAP HANA

Transcription

1 UNIVERSITY OF RIJEKA FACULTY OF ECONOMICS Accounting & Controlling powered by SAP HANA New General Ledger Accounting New Simple Finance Dipl.-Kaufmann (Univ.) Uwe Lebefromm Senior Education Consultant SAP DEUTSCHLAND SE & Co. KG

2 Content Introduction SAP The Company ERP Historical Development Progression from SAP R/3 to SAP ERP SAP ERP Financials Financial Accounting vs. Management Accounting New General Ledger Online Document Split Real Time Integration Paralell Accounting Sales Order Process from the Accounting View Management Accounting Management Accounting Architecture Accounting & Controlling New Simple Finance Different Sources of Truth New Architecture Universal Journal Cost of Goods Sold - COGS COGS Classic Acct. & Ctrl. COGS in New Simple Finance Material Cost Estimate The Basis of COGS Custumizing COGS in Accounting Price Difference (PRD) of Own Manufacturing PRD value flow in classic Acctl. & Ctrl. PRD value flow in New Simple Finance Customizing PRD in Accounting Summarize 2

3 SAP The Company 3

4 ERP Historical Development ERP? No definition SAP invents and establishes an ERP system ERP = The business software ERP becomes standard software. The first competitors appear in the marketplace Dotcom hype: ERP = old E-business = New ERP software is regarded as obsolete. The first "New Dimension" products conquer the market Integrated Business Suite & xapps E-business is defined as an extension of ERP software. SAP sets a new standard 4

5 Progression from SAP R/3 to SAP ERP Technology Application mysap ERP Analytical Applications Collaborative HR SAP R/3 (up to Release 4.6C) Application SAP R/3 Enterprise Collaborative Financials Extensions Set 1.10 & Extensions 2.0 Application Core 4.7 Collaborative Operations SAP Basis SAP Web Application Server Integration of People Integration of Information Integration of Processes 5

6 SAP ERP Financials Financials Financial Accounting Management Accounting Corporate Governance Financial Supply Chain Management Analytics Strategic Enterprise Management Financial Analytics Corporate Services Travel Management Incentive & Commission Management Corporate Real Estate 6

7 Financial Accounting vs. Management Accouting Goal: Legal reporting Level: Defined by law for compliance One reconciled, consistent version of the truth Goal: Management Support, even across legal entities Levels: Cost and revenues including their internal transfers Financial Accounting AP AR Assets Banks Cost Center Accounting GL Legal Reporting Automatic reconciliation Management Reporting Product Costing Job Costing Management Accounting Profitability Accounting 7 74

8 New General Ledger The new general ledger in mysap ERP has the following advantages compared to the conventional general ledger in R/3 Enterprise: The new general ledger has an extended data structure by default. Customer fields can also be added to the general ledger. The (real-time) document split (online split) makes balance sheets for entities possible, such as "Segment". Reconciliation between Management Accounting (-> CO) and Financial Accounting (-> FI) can occur in real time thanks to "Real-Time Integration CO -> FI" Timeconsuming reconciliation activities are omitted. The "new GL" makes it possible to manage multiple "books" (-> ledgers) within the general ledger. This is a possible display option to model parallel accounting in the SAP System. 8 79

9 New General Ledger Online Document Split Display Document: General Ledger View Entry View: Doc. Number: Company Code: 1000 Fiscal Year: YYYY Doc. Date: MM/DD/YYYY Posting Date: MM/DD/YYYY Period: M Ledger 0L: Document: Fiscal Year: YYYY Period: M CCd Itm PK Account Name Amount Curr. FncArea CCtr Segment Accts Payable EUR SEG A Service 4000 EUR Input Tax 640 EUR 0.00 EUR SEG A Accts Payable EUR SEG B Service 6000 EUR Input Tax 960 EUR 0.00 EUR SEG B FB03 9

10 New General Ledger Real Time Integration 1. A posting for wages/salaries (-> account ) is entered in FI An assignment is also made to cost center 1000 and functional area 0400 is derived. FI Payables 500 CO 2a. The following occurs in real time: Cost Center Cost Center CO Functional Area 0400: 500 Cost Center FI 2b Functional Area 0400: The value on cost center 1000 is now reposted (for example, by a manual reposting in CO) to cost center However, functional area 0100 is assigned to cost center Functional Area 0100:

11 New General Ledger Parallel Accounting In each client, there is only one leading ledger. However, you can also have non-leading ledgers (within General Ledger Accounting) alongside the leading ledger! The leading ledger generally reflects the set of accounting principles used to create group financial statements (leading valuation) Example: IAS Ledger (Leading Ledger) German HGB Ledger US GAAP Ledger Ledger XYZ 11

12 Sales Order Process from Accounting View Balance Sheet FI GL MM Delivery 1. Assets Material Liabilities Equity capital Stock Change FG (P/L) Receivables Bank Loans Liabilities Billing 2. (costs/po) P/L Expenditure Income FI AR Payment 3. SD Customers 12

13 Management Accounting Architecture CO PA Profitability Analysis Profitability Segment EC- PCA CO OM Cost Center Overhead Cost Controlling Process Internal Order Cost Element Accounting CO PC Production Order Product Cost Accounting Material Valuation Material Labor OH Process Profit Center Accounting FI HCM Financial Accounting Human Capital Management Assets WIP Inventory Revenue Procurement Production Warehouse Sales 13

14 Different Sources of Truth No profit center & no G/L account in Asset Accounting Totals Different level of detail due to the 999 document lines limit e.g. 1:n documents FI/CO Material Ledger does not store G/L account and Profit Center G/L and Profitability updated at different business events on different entities (e.g. account) AA Asset Accounting G/L General Ledger CO Controlling ML Material Ledger P&L Profit & Loss Statement PA Profitability Analyzis FI - Financials 14

15 New Architecture Universal Journal as the Single Source One line item table with full detail for all components. Data stored only once, so no reconciliation needed by architecture. Fast multi-dimensional reporting on the Universal Journal possible without replicating data to BI. If BI is in place, one single BI extractor is needed. Reduction of memory footprint through elimination of redundancy. Technical preparation done to enhance important structural capabilities of the Financials solution (e.g. multi-gaap, additional currencies) 15

16 COGS in Sales Order Processing Classic ACCT & CTRL Goods Issue to Sales Order Delivery Financial Accounting and Profitability Analyzis Accounting Based: Cost of Goods Sold: Standard-Price * Delivered Quantity 16

17 COGS in Sales Order Processing New Simple Finance Goods Issue to Sales Order Delivery Financial Accounting and Profitability Analyzis Accounting Based: Cost of Goods Sold: Standard-Price * Delivered Quantity AND COST COMPONENT SPLITT 17

18 Material Cost Estimate as Basis for COGS The Cost Component Split can be take over to all modules in Accounting & Controlling 18

19 Customizing in Financial Accounting COGS Assign the Elements of the Cost Component Split to therefore defined Accounts. Assign Spit Scheme to Company Code 19

20 Example Report in Accounting Based CO-PA Reporting with Contribution Margin In Accounting Based Profitbility Analyzis 20

21 Price Difference Manufacturing Classic Acct. & Ctrl. Settlement of price diferences to Financial Accounting aggregated to one amount. Settlement to Profitability Analyzis Costing Based with different variance categories on different value fields. 21

22 Price Difference Manufacturing New Simple Finance Settlement of different variance categories to Financial Accounting to therefore defined accounts additional to total amount to the account: Loss-Own-Production Price Difference. 22

23 Customizing in Financial Accounting PRD Assign the variance category to therefore defined account. Assign Spit Scheme to Company Code 23

24 Summarize 24

25 Related SAP Links Where What Link SAP.COM SAP HANA Help Portal SAP HANA Innovations for SAP Business Suite SAP.com Discover SAP S/4HANA SAP Service Marketplace Hybrid Scenarios SAP.COM Help Page for SAP Simple Finance nce/software/cloud-erp-financemanagement/index.html 25

26 University of Rijeka New General Ledger Simple Finance in SAP System S4HANA Thank you for participation