Jonas Tritschler is a managing director at an IT consulting firm. As a certified accountant and holder of a PHD in accounting, he trains CPAs in SAP for performing financial audits and internal control tests over the preparation of financial statements. In 2020, he became a professor of accounting at the University of Victoria, Berlin.

Jonas is responsible for the audit and evaluation of IT systems and applications, and ensures the security and compliance of applications, especially in the sensitive areas of accounting and finance. In this role, he benefits from his experience as an SAP user, which he gained over many years as interim manager and CFO.

Second edition, updated and revised

· ... Foreword ... 13

· ... Preface ... 15

· ... Who This Book Is For ... 15

· ... How This Book Is Organized ... 15

· ... Acknowledgments ... 18

· ... Conclusion ... 18

· 1 ... Introduction to SAP S/4HANA ... 19

· 1.1 ... Deployment Models ... 19

· 1.2 ... Universal Journal ... 22

· 1.3 ... Simplifications and Innovations ... 27

· 1.4 ... User Interfaces ... 34

· 1.5 ... Summary ... 40

· 2 ... Organizational Structure and Integration ... 43

· 2.1 ... Standard Financial Accounting Processes ... 43

· 2.2 ... Organizational Elements of Financial Accounting ... 50

· 2.3 ... Integration of Financial Accounting and Management Accounting ... 71

· 2.4 ... Summary ... 86

· 3 ... General Ledger Accounting ... 89

· 3.1 ... Record-to-Report ... 89

· 3.2 ... General Ledger Master Data ... 97

· 3.3 ... General Ledger Posting Documents ... 109

· 3.4 ... Resetting and Reversing Documents ... 145

· 3.5 ... Bank Accounting ... 154

· 3.6 ... General Ledger Period-End Closing ... 167

· 3.7 ... General Ledger Reporting ... 189

· 3.8 ... Summary ... 203

· 4 ... Accounts Payable ... 205

· 4.1 ... Purchase-to-Pay ... 205

· 4.2 ... Vendor Accounts ... 222

· 4.3 ... Vendor Invoices ... 231

· 4.4 ... Outgoing Payments ... 239

· 4.5 ... Process Exceptions ... 255

· 4.6 ... Accounts Payable Period-End Closing ... 262

· 4.7 ... Accounts Payable Reporting ... 284

· 4.8 ... Summary ... 294

· 5 ... Accounts Receivable ... 297

· 5.1 ... Order-to-Cash Process ... 298

· 5.2 ... Customer Accounts ... 308

· 5.3 ... Customer Invoices ... 316

· 5.4 ... Customer Payments ... 322

· 5.5 ... Process Exceptions ... 330

· 5.6 ... Dunning ... 339

· 5.7 ... Credit Management ... 343

· 5.8 ... Accounts Receivable Period-End Closing ... 350

· 5.9 ... Accounts Receivable Reporting ... 374

· 5.10 ... Summary ... 387

· 6 ... Fixed Asset Accounting ... 389

· 6.1 ... Acquire-to-Retire Process ... 390

· 6.2 ... Fixed Asset Accounts and Master Data ... 394

· 6.3 ... Fixed Asset Explorer ... 414

· 6.4 ... Asset Transactions ... 422

· 6.5 ... Fixed Assets Period-End Closing ... 439

· 6.6 ... Fixed Assets Reporting ... 457

· 6.7 ... Summary ... 466

· 7 ... Customer Project Accounting and Event-Based Revenue Recognition ... 467

· 7.1 ... Customer Project Scenario in SAP S/4HANA Cloud ... 468

· 7.2 ... Event-Based Revenue Recognition ... 503

· 7.3 ... Simplified Period-End Close ... 551

· 7.4 ... Summary ... 553

· ... The Authors ... 555

· ... Index ... 557