introduction of sap simple finance 2.0

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Optimizing impact by …….. aligning people, process and technology.

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Table of Contents

1. Objective2. Sapphire Introduction3. SAP S/4 HANA Introduction 4. Simple Finance – Accounting Architecture Rational5. Simple Finance Benefits 6. Simple Finance Non-Disruptive and Flexible 7. Simple Finance Migration Phases8. Simple Finance Migration is Fast and Easy 9. Simple Finance Summary10. Contact Information


1. Objective

Understanding Simple Finance Add-on 2.0 high level. Understanding common pain points in Classic Data Base and current

Financial Services Landscape. Understanding the reasons for migrating to Simple Finance. Available deployment options for SAP Simple Finance. Understanding Central Finance deployment Option.


About Our Company

Greetings from Sapphire Global Consulting Services!

Sapphire Global Consulting Services is a management consulting, technology services and resource augmentation services company established in the year 2006 headquartered at Bangalore erstwhile Bangalore the IT hub of India.

Sapphire is poised to provide end-to end business solutions to domestic and global clients, bringing in high value consulting, complex technology implementations and education services, thus integrating people, process and platform in order to achieve the desired result.

World Class Solutions We provide end-to-end business solutions to domestic and global clients, bringing in high value consulting, complex technology implementations and education services.

Result Oriented Approach We are focused on achieving a measurable return on investment through our services and solutions, that deliver best-in-class results across a wide spectrum of domains and technologies.

Managed Training Services We integrate people, process and platform in order to achieve the desired result. Our team is helping the world’s leading companies transform their training function to increase business impact.


SAP S/4 HANA Introduction

SAP HANA was introduced in 2011 as an In-Memory platform. In 2012, the Business Warehouse powered by SAP HANA was introduced offering unprecedented speed for analysis and reporting on your data, In 2013, the whole SAP Business Suite was moved to a HANA database offering the product SAP Business Suite powered by SAP HANA.

In 2015, SAP is introducing SAP S/4HANA offering a simplified data model, a new user experience, advanced processing, a choice of deployment and multitenancy.


Simple Finance – Accounting Architecture Rational


Simple Finance Key Benefits

Universal Journal Entry Organizational Benefits SAP Fiori

Single source of truth by architecture Opportunity to reduce no of SAP GUI Users

Role based & Persona Centric

No join of big fact tables needed! Multiple BG’s Process will be streamlined via Central Finance

Search, Collaboration and feeds

Go towards harmonization Reporting capabilities via new Dash boards

Theming and branding Personalizing

Footprint reduction Flexible on the fly analysis by any dimension with drill down

Stable URLs for bookmarking and sharing

Less redundancy in business logic, reporting, analytics etc.

Transact, Report & Plan Real Time in one Integrated System Faster month end close

Multiple Platforms

Implicitly reconciled Provide the most impactful real-time information and KPIs at a glance

Simpler extensibility: For transactional data only one table has to be enhanced

Multiple Devices

Profitability attributes real time written to every P&L item


Simple Finance Non-Disruptive and Flexible Cont1

Migration PathPreparation, Blueprints• Pre-checks, if Simple Finance can be installed on Current System setup• Consistency Checks / Reconciliations• Period End Close and Financial ReportingInstallation & Migration• Installation of Simple Finance Add-on• Manual Customizing and migration of Customizing • Data Migration• Migration Checks Post Migration Activities• Test processes in test environment of Release productive system• Post migration activates, Configuration• Fiori App Configuration• Application-Specific configurationFlexible Add-on Postings Via Appendix Ledger• Ledgers can be stapled on top of each other providing a flexible mechanism for adjustments and

reporting• Simple Finance offers Coding Block extensibility• The New HANA based reporting of all components can use the customer fields.


Simple Finance Non-Disruptive and Flexible Cont2

Configuration• Fiori App Configuration• Application-Specific configurationFlexible Add-on Postings Via Appendix Ledger• Ledgers can be stapled on top of each other providing a flexible mechanism for adjustments and

reporting• Simple Finance offers Coding Block extensibility• The New HANA based reporting of all components can use the customer fields. Safeguarding customer investments• From the perspective of an ABAP program nothing changed ( Only Read Access ).• Compatibility views – Via this views the selects is redirected to the new persistency in HANA.• Consequences – Customer ABAP program s that read directly “COEP” via select statements

continue to run as before Journal Entry – User Experience • One Screen App for manual postings to G/L accounts • Calculate taxes automatically • Add attachments and enter notes to explain the reason for postings • Unified Journal can be extended with Customer fields


Simple Finance Migration Phases

Prep. & Migration of Customization• General Ledger – Customization for General Ledger , Currencies and Integration of CO-Postings • Asset Accounting – Migration into asset accounting • Controlling – Prepare account based profitability accounting

Data Migration• Migrate Cost Elements – Migrate Secondary Cost Elements into chart of accounts• Technical Checks – Analyzes and reconciles transaction data prior to migration • Enrich Data – Adds attributes FI documents and CO line items.• Migrate Line Items – Transfer and merges items of applications GL, AA, CO into universal

journal • Migrate Balances – Migrate balances of applications GL,AA,CO and ML into Universal journal • Complete Migration – Reporting of Financial data for comparison reason s, flag migration as

competed

Post Migration Activities • Post Migration Activities – index tables into cold store, due date into FI documents , offsetting

account into FI documents


Prerequisites for Migration :• SAP Business Suite in use• HANA database in use• ERP ECC 6.0 EhP7 in use

Fast and Easy• The duration and effort is relatively small. It can be executed at any period end.• It is supported by a migration guide and monitor.• No New G/L ( or other ) Migration Service is needed to migrate to SAP Accounting powered by

SAP HANA.

Length of the migration Projects • A delta migration scenario is planned to optimize ( minimize ) downtime.

Simple Finance Migration is Fast and Easy


Prerequisites for Migration of Simple Finance


Simple Finance Summary

You should now able to: Understanding of S/4 HANA and Simple Finance. Understand the Migration Process for the SAP Simple Finance On-premise

Edition Understand the possible starting points for migration Explain the common pain points in a system using a classic database, And

also explains how HANA provides the simplified solutions for this pain points. Understand the deployment options for S/4HANA.


THANK YOUContact us for more information for training requirements to following contact details :

Sapphire Global Consulting Services

Mobile : +91 99021 88511

Email : [email protected]

Web : www.sapphireglobal.biz

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introduction of sap simple finance 2.0

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