Stoil Jotev is a freelance FI-CO consultant with 19 years of SAP implementation, project management, training, and production support experience across multiple industries. He has prepared and delivered multiple SAP training courses, and written numerous consultant and user manuals across the FI-CO modules.

((Second edition, updated and revised))

... Preface ... 21

... Objective of This Book ... 21

... Target Audience ... 22

... Organization of This Book ... 22

... How to Read This Book ... 25

... Introduction ... 29

... Your New SAP S/4HANA System ... 29

... Your New Finance Solution ... 33

... Configuration Interface ... 42

... Summary ... 43

1 ... Project Preparation ... 45

1.1 ... Defining Your Project Objectives ... 45

1.2 ... Comparing Greenfield versus Brownfield Implementations ... 47

1.3 ... Defining the Project Scope ... 49

1.4 ... Defining the Project Timeline ... 50

1.5 ... Assembling the Project Team ... 52

1.6 ... Summary ... 54

2 ... Requirements Analysis ... 55

2.1 ... Template Requirements Analysis ... 56

2.2 ... Localization Fit/Gap Analysis ... 62

2.3 ... Summary ... 66

3 ... Financial Accounting Global Settings ... 69

3.1 ... The New Finance Data Model in SAP S/4HANA ... 69

3.2 ... Organizational Structure ... 72

3.3 ... Ledgers ... 87

3.4 ... Document Types ... 91

3.5 ... Currencies ... 97

3.6 ... Taxes ... 100

3.7 ... Summary ... 109

4 ... General Ledger ... 111

4.1 ... Master Data ... 111

4.2 ... Document Splitting ... 121

4.3 ... Automatic Postings and Account Determination ... 128

4.4 ... Periodic Processing and Financial Closing ... 134

4.5 ... Information System ... 143

4.6 ... SAP Fiori Applications ... 149

4.7 ... Summary ... 151

5 ... Accounts Payable ... 153

5.1 ... Business Partner ... 153

5.2 ... Business Transactions ... 161

5.3 ... Information System ... 179

5.4 ... Summary ... 188

6 ... Accounts Receivable ... 191

6.1 ... Business Partners ... 191

6.2 ... Business Transactions ... 206

6.3 ... Taxes ... 216

6.4 ... Information System ... 223

6.5 ... Summary ... 228

7 ... Fixed Assets ... 231

7.1 ... Organizational Structures ... 232

7.2 ... Master Data ... 241

7.3 ... Business Transactions ... 259

7.4 ... Valuation and Closing ... 267

7.5 ... Information System ... 279

7.6 ... Summary ... 289

8 ... Bank Accounting ... 291

8.1 ... Master Data ... 291

8.2 ... Automatic Payment Program ... 301

8.3 ... Payment Files ... 318

8.4 ... Electronic Bank Statements ... 323

8.5 ... Summary ... 332

9 ... General Controlling and Cost Element Accounting ... 333

9.1 ... General Controlling Settings ... 333

9.2 ... Master Data ... 343

9.3 ... Actual Postings ... 347

9.4 ... Summary ... 353

10 ... Cost Center Accounting ... 355

10.1 ... Master Data ... 355

10.2 ... Actual Postings ... 373

10.3 ... Periodic Allocations ... 379

10.4 ... Planning ... 395

10.5 ... Information System ... 401

10.6 ... Summary ... 408

11 ... Internal Orders ... 409

11.1 ... Master Data ... 409

11.2 ... Budgeting ... 425

11.3 ... Actual Postings and Periodic Allocations ... 430

11.4 ... Planning ... 441

11.5 ... Information System ... 446

11.6 ... Summary ... 455

12 ... Profit Center Accounting ... 457

12.1 ... Master Data ... 458

12.2 ... Profit Center Derivation ... 466

12.3 ... Information System ... 474

12.4 ... Summary ... 484

13 ... Margin Analysis ... 487

13.1 ... Overview of Margin Analysis ... 487

13.2 ... Master Data ... 490

13.3 ... Data Flow ... 506

13.4 ... Integrated Planning ... 526

13.5 ... Information System ... 533

13.6 ... Summary ... 539

14 ... Predictive Accounting ... 541

14.1 ... Configuration ... 541

14.2 ... Data Flow ... 549

14.3 ... Information System ... 556

14.4 ... Summary ... 561

15 ... Product Costing ... 563

15.1 ... Master Data ... 563

15.2 ... Product Cost Planning ... 573

15.3 ... Actual Costing and Material Ledger ... 606

15.4 ... Information System ... 616

15.5 ... Summary ... 621

16 ... Group Reporting ... 623

16.1 ... Group Reporting Basics ... 623

16.2 ... Global Settings ... 626

16.3 ... Data Collection and Consolidation Configuration ... 634

16.4 ... Summary ... 651

17 ... Data Migration ... 653

17.1 ... Brownfield Implementation Migration ... 653

17.2 ... Greenfield Implementation Migration ... 664

17.3 ... Financial Migration Objects ... 677

17.4 ... Summary ... 683

18 ... Testing ... 685

18.1 ... The Testing Process ... 685

18.2 ... Unit Testing ... 691

18.3 ... Integration Testing ... 693

18.4 ... User Acceptance Testing ... 697

18.5 ... Summary ... 702

19 ... Go-Live and Support ... 703

19.1 ... Preparation for the Go-Live ... 703

19.2 ... Activities during the Go-Live ... 706

19.3 ... Validation of the Go-Live ... 713

19.4 ... Hypercare Production Support ... 714

19.5 ... Summary ... 718

A ... Obsolete and New Transaction Codes and Tables in SAP S/4HANA ... 721

B ... The Author ... 725

... Index ... 727