SAP Simple FinanceUnit 2: New Functionalities in SAP Simple Finance Add-on

Agenda

New Functionalities Financial Accounting

General Ledger Accounting Accounts Receivables and Accounts Payables New Asset Accounting

Controlling Reporting Integrated Business Planning Data Aging of Financial Documents

Financial Accounting

Simple Finance offers following new functions Balance Carryforward Integration with Materials Management Data Aging

Index and Total TablesThe following tables have been replaced by views BSIS BSAS GLT0 FAGLFLEXT FAGLBSIS FAGLBSAS Tables GLT1 and GLT2 are no longer Consequently, ledgers

for these tables are no longer updated and can no longer be processed or analyzed in the Special Purpose Ledger (FI-SL)

Constraints

Balance Sheet Planning Reports for comparing planning data and

actual data in Profit Center Accounting

AR & AP

Following tables have been replaced by views: BSID BSAD BSIK BSAK KNC1 KNC3 LFC1 LFC3

Additional Functionalities in AR/AP

Credit Management FI-AR-CR will be replaced by FIN-FSCM-CR

component that offers an integrated, cross-system form of credit management

Vendor Information System Due Date Analysis Overdue Items Analysis Currency Analysis

New Asset Accounting

Prerequisite New General Ledger Accounting

Parallel valuation using Account based approach Ledger based approach

Asset Accounting prior to this is referred to in the following as “Classic Asset Accounting”

Classic Asset Accounting is no longer available

New Asset Accounting

You can record the leading valuation of Asset Accounting in any depreciation area of new Asset Accounting. It is no longer necessary to use depreciation area 01 for this

The system now posts both the actual values of the leading valuation and the values of parallel valuation in real time. The means the posting of delta values has been replaced; as a result, the delta depreciation areas are no longer required

Advantages of New Asset Acctg

Choice of using the ledger approach or accounts approach Real time postings in all valuations Parallel documents for each valuation that post correct values from the

beginning Abolition of delta areas for parallel valuation Valuation-specific postings by means of restriction to accounting principles

or depreciation areas; the restriction of transaction types to depreciation areas no longer applies

Different fiscal year variants for each valuation (restriction: beginning and end date of the fiscal year variant have to match)

Effects on Existing Data

Already existing master data and transaction data is not changed by your activating new Asset Accounting. However, you might possibly have to migrate and adjust your Customizing data. This depends on your situation before the migration.

Existing Customizing settings from classic Asset Accounting or from new Asset Accounting are transferred; this means that to the extent you have already been working with classic or new Asset Accounting, you do not have to make all the Customizing settings again.

You have to migrate, to some extent check, change and add to your Customizing data in these two cases: you are migrating from classic General Ledger Accounting with classic Asset Accounting, or from new General Ledger Accounting with classic Asset Accounting.

If you are migrating from new General Ledger Accounting with active new Asset Accounting - that is, you activated business function FIN_AA_PARALLEL with new Asset Accounting in SAP enhancement package 7 for SAP ERP 6.0 SP02 - then you have perform a smaller part of the migration of Customizing data

Controlling

Line Item based Controlling Change in Variance Calculation for Cost Centers Change in WIP Calculation Change in Variance Calculation for Production Orders

Reporting

The following reports are available: o Financial Statement Report (Actual / Actual Comparison) With this report, you can view your financial statements and compare data from different fiscal periods. This report replaces the SAP ERP transaction Financial Statement Report (Actual / Actual Comparison) (S_PL0_86000028). o G/L Accounts List in Chart of Accounts With this report, you can view the list of all G/L accounts for a specific chart of accounts. This report replaces the SAP ERP transaction G/L Accounts List (S_ALR_87012328)

G/L Accounts Payable With this report, you can check how much you owe to your vendors and navigate to the line items to view detailed information. This report replaces the SAP ERP transaction Payables: Profit Center (S_AC0_52000888). G/L Accounts Receivable With this report, you can check how much your customers owe you and navigate to the line items to view detailed information. This report replaces the SAP ERP transaction Receivables: Profit Center (S_AC0_52000887). You can use 3 different reports for analyzing G/L account line items: - G/L Account Line Item Display (Entry View) - G/L Account Line Item Display for Leading Ledger (Entry View) - G/L Account Line Item Browser (G/L View)

Reports Removed

- FAGLL03 - FAGLL03H - FBL3 - FBL3H - FBL3N

G/L Account Balance You can use this report to display the balances of individual fiscal years for selected G/L accounts. This report replaces the SAP ERP report G/L Account Balance Display (transactions FAGLB03 and FAGLB03A). Cash Flow Report (Indirect Method) With this report, you can evaluate the cash flow and cash holdings of a company based on the indirect method. This report replaces the SAP ERP transaction Cash Flow (Indirect Method) Variant 1 (S_ALR_87012272). Work Analysis This report previews the effect of activity allocation to financial statement, showing the activity costs grouped by overhead, investment, and production. WIP Analysis This report shows the increase of WIP positions in G/L and the underlying primary and secondary costs of the production orders. The analysis is technically based on the linking of G/L WIP line items with settlement line items through the order number in G/L line items

Income Statement by Market Segment This report brings together different income statements showing P&L

details on the G/L account, together with details such as cost center or market segment information at a glance

Integrated Business Planning

Microsoft Excel frontend Cost Center planning Internal Order planning Project planning Profit Center planning Cost of Sales planning P&L planning

Data Aging

Data Aging function is available for financial accounting documents. You can use this to transfer data to the database cold area, in order to ease the load on the memory

The archiving object for the accounting document is replaced by the Data Aging object

Data archiving for accounting documents is no longer possible