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A Practical Guide to SAP S/4HANA Financial Accounting

A Practical Guide to SAP S/4HANA Financial Accounting

Language

English

Pages

286

Edition

1

Level

Beginner

ISBN

9783960128151

ISBN Print

9783960121404

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More Details

Take an in-depth look at how basic financial accounting processes work in SAP S/4HANA in this practical guide. Learn about the SAP Fiori launchpad and how to find your way around the many apps available for finance with the help of screenshots and examples. Understand the finance organizational structure and master data and discover some of the SAP Best Practices for finance such as accounts payable and receivable, credit management, asset accounting, cash and bank management, and closings. Explore different ways to enter and upload G/L journal entries and what is meant by the Universal Journal. Run through the bank postings and different options for the bank statements. Go deeper into the structure of asset accounting, including the chart of depreciation, depreciation areas, asset classes, and depreciation methods. Learn about multidimensional reporting, KPIs, and the various analytical apps supplied with SAP S/4HANA.


  • Financial accounting processes in SAP S/4HANA
  • Finance organizational structure, key financial master data
  • Daily transactions using SAP Fiori apps
  • SAP Fiori apps for displaying and reporting financial data

Reading Example

2.1 The SAP Fiori launchpad

Using the classic SAP GUI was not easy. Menu paths were complicated, the screen old-fashioned, and transactions only accessible on a desktop or laptop. You needed extensive training and often had to scroll through multiple screens to action a single item.

SAP has replaced the traditional menu and graphical user interface (GUI) with a consumer-grade user experience called SAP Fiori. SAP Fiori is web-based and consists of a dashboard or launchpad with a number of tiles which contain only the apps relevant to each user. The tiles are simpler, more intuitive to use than the GUI menu, more in line with apps on a Smartphone or tablet, and can be used on any device.

Apps can be transactional, analytical, or factsheets, and many of the analytical apps show key figures on the face of the tile itself. For example, apps for approving purchase orders or staff leave may contain the number of outstanding approvals on the face of the tile bank apps may show the bank balance and bank statement monitors may show the number of successful and unsuccessful bank statements processed. There are some examples of these smart apps shown in Figure 2.1.

In many apps, you see an overview screen showing all customers, suppliers, or other items and you can then either drill down to display or edit the details, or create new items.

FI

Figure 2.1: Smart SAP Fiori apps on the SAP Fiori launchpad

You can tailor the launchpad and arrange your apps into groups, or mini-dashboards, perhaps with the most-used apps at the top. In the top left of the screen (above the apps), there is a small button, , which takes you to the ME area where you can change settings, edit your home page, or sign out. If you select the App Finder, the apps are listed by catalog and you can also search for them by name. Click on FI at the bottom of an app in the app finder to create a new group or add the app to an existing group.

Load one group to home page

If you have a lot of apps and it is taking a long time to load your home page, you can go to Settings • Home page and choose Show One group at a Time. See Figure 2.2.

Also, under Settings, you can change various settings such as the color of the screen, and set defaults, which we will explain later. Edit Home Page allows you to rearrange the tiles and create your own groups. See Figure 2.2.

FI

Figure 2.2: SAP Fiori settings for home page display

If you have used an app recently, you can see it in Recent Activities when you click on the ME button. There is also a neat search option at the top right of the launchpad, the enterprise search, where you can specify where to search, as well as what to search for. For example, if you have a reference but are not sure what it refers to (e.g., a document or master data), you can search using All, which will return every location the reference appears. Alternatively, you can use the dropdown to restrict the search to a specific area such as apps, specific master data, documents, etc.

Dropdown

When we use the term dropdown, we refer to the FI button on the right of a selection field. When you click on this button, the system will either give you a list to choose from, or take you to another screen where you can enter search terms or a condition to find what you are looking for. There is a calendar button for date fields.

In Figure 2.3, we searched All for the number 12345, and the system returned journal entries with that reference, batch numbers of stock items, customers, and a number of other items to choose from. You can restrict the search to billing documents, cost centers, employees, or a number of other items in the dropdown list, and you can also restrict it to apps, and use the search function instead of the app finder, or export the results to a spreadsheet. You have a button at the top left of the results screen, (not shown in the figure), where you can filter further.

Figure 2.3: SAP Fiori enterprise search

Ratings

  • R. MEPHON

    01.09.2023

  • S. Devalanka

    18.03.2020

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