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Don’t miss our newest book release Advanced Financial Closing powered by SAP Business Technology Platform by Brijesh Singh.
This expertly written guide provides business users, IT users, and SAP consultants with an overview of key closing concepts and detailed insights into how to implement SAP S/4HANA Cloud for advanced financial closing (AFC) utilizing the capabilities of SAP Business Technology Platform (BTP) to meet month-end closing requirements. Explore SAP S/4HANA closing concepts for advanced financial closing (AFC), focusing on three key aspects—the “What”, the “Why” and the “How”—of month-end closing activities. Take a look at key functionality and learn how to use different AFC Fiori apps on SAP BTP to define a global template, execute closing activities, and monitor and analyze the entire closing cycle in real-time using a Fiori-based dashboard and reports. Explore how to use configuration apps to enable user roles, authorizations, system access, and end-to-end orchestration of closing activities between AFC and financial backend systems such as SAP S/4HANA. Examine some key points to consider during an AFC implementation, including examples and a roadmap for the future. Using screenshots and examples from the field, the author covers:
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Author Brijesh Singh is a lead SAP Solutions Architect at SAP America Inc. He has more than 15 years of professional experience in SAP Financial Solutions, including Financial Accounting and Controlling, Financial Reporting, Financial Close, Central Finance, Joint Venture Accounting (JVA), Financial Supply Chain Management (FSCM), and Revenue Accounting and Reporting. He has led, and been part of, multiple SAP S/4HANA and SAP S/4HANA Cloud project implementations in the United States and Europe, across numerous industries including manufacturing, IT, high-tech, engineering, retail, fast-moving consumer goods (FMCG), chemicals, and oil and gas.