Janet Salmon is the chief product owner for management accounting at SAP SE and has accompanied many developments to the controlling components of SAP ERP Financials as both a product and a solution manager. She regularly works with key customers and user groups in the United States and Germany to understand their controlling challenges and requirements. Her role is to design and implement innovative controlling solutions with SAP's development teams in Germany and China. She is the author of SAP PRESS books Controlling with SAP S/4HANA: Business User Guide, SAP S/4HANA Finance: The Reference Guide to What's New, and Controlling with SAP ERP: Business User Guide.

... Preface ... 15

... Target Audience ... 16

... Objective of This Book ... 16

... How to Read This Book ... 17

... Acknowledgments ... 21

1 ... Introduction to SAP S/4HANA ... 23

1.1 ... Deployment Models in SAP S/4HANA ... 23

1.2 ... Universal Journal Innovations ... 27

1.3 ... The New User Interface ... 39

1.4 ... Summary ... 45

2 ... Controlling in SAP S/4HANA ... 47

2.1 ... The Merge of Financial and Management Accounting ... 48

2.2 ... Financial Planning ... 62

2.3 ... Predictive Accounting ... 66

2.4 ... Management Accounting and Margin Analysis ... 70

2.5 ... Reporting and Analytics ... 96

2.6 ... Summary ... 100

3 ... Organizational Structures ... 101

3.1 ... Organizational Structures in Finance ... 101

3.2 ... Organizational Units of Logistics and Assignment to Accounting ... 116

3.3 ... Financial Reporting Structures ... 121

3.4 ... Summary ... 129

4 ... Master Data ... 131

4.1 ... General Ledger Accounts and Cost Elements ... 133

4.2 ... Cost Centers ... 145

4.3 ... Activity Types ... 150

4.4 ... Statistical Key Figures ... 156

4.5 ... Internal Orders and Projects ... 159

4.6 ... Profitability Object in Margin Analysis ... 166

4.7 ... Summary ... 180

5 ... Overhead Controlling ... 181

5.1 ... Cost Stewardship and the Role of the Cost Center/Project Manager ... 182

5.2 ... Postings for Cost Accounting in the Universal Journal ... 185

5.3 ... Planning in SAP S/4HANA ... 194

5.4 ... Business Transactions ... 203

5.5 ... Reporting for Overhead Controlling ... 239

5.6 ... Summary ... 241

6 ... Controlling for Manufacturing Organizations ... 243

6.1 ... Master Data Used in Manufacturing ... 244

6.2 ... Cost Estimates ... 260

6.3 ... Procure-to-Invoice ... 281

6.4 ... Make-to-Stock with Order Costing ... 286

6.5 ... Make-to-Stock Using Product Cost Collectors ... 321

6.6 ... Make-to-Order Process ... 328

6.7 ... Maintaining and Operating Assets ... 335

6.8 ... Summary ... 339

7 ... Margin Analysis ... 341

7.1 ... Guiding Principles and Overview ... 342

7.2 ... Sales Scenarios ... 348

7.3 ... Event-Based Revenue Recognition ... 400

7.4 ... Summary ... 417

8 ... Margin Analysis for Customer Projects ... 419

8.1 ... Professional Service Scenario ... 420

8.2 ... Project-Based Sales Scenario ... 451

8.3 ... Project Settlement to Market Segment Scenario ... 472

8.4 ... Summary ... 483

9 ... Margin Analysis for Service Management ... 485

9.1 ... New Architecture for Service Management ... 486

9.2 ... Guiding Principles and Financial Value Flow ... 491

9.3 ... Service Order Business Transactions ... 492

9.4 ... Service Contract ... 512

9.5 ... New Reporting Insights for Service Management ... 515

9.6 ... Advanced Execution Service Orders ... 518

9.7 ... Summary ... 546

10 ... Investment Controlling ... 547

10.1 ... Investment Programs and Assigned Projects and Orders ... 548

10.2 ... Planning and Budgeting ... 551

10.3 ... Settlement and Reporting ... 561

10.4 ... Summary ... 571

11 ... Controlling in an Intercompany Environment ... 573

11.1 ... Intercompany Sales and Stock Transfers ... 574

11.2 ... Intercompany Cost Allocation Postings ... 592

11.3 ... Group and Profit Center Valuation with Universal Parallel Accounting ... 607

11.4 ... Summary ... 620

12 ... Reporting in SAP S/4HANA ... 623

12.1 ... SAP Fiori and the Virtual Data Model ... 624

12.2 ... Global Hierarchies ... 628

12.3 ... Flexible Hierarchies ... 636

12.4 ... Semantic Tags ... 641

12.5 ... Key Figure Reporting ... 645

12.6 ... Compatibility Views: Report Writer ... 647

12.7 ... Summary ... 649

13 ... Conclusion and Outlook ... 651

A ... Key Controlling Transactions ... 665

B ... Key SAP Fiori Applications for Controlling ... 671

C ... The Authors ... 675

... Index ... 677