With their latest product, SAP S/4HANA, SAP is revolutionizing how we approach finance by re-architecting data persistency and merging accounts and cost elements. This book offers a fundamental introduction to SAP S/4HANA Finance. Dive into the three pillars of innovation including SAP Accounting powered by SAP HANA, SAP Cash Management, and SAP BI Integrated Planning. Find out about the new configuration options, updated data model, and what this means for reporting in the future. Get a first-hand look at the new user interfaces in SAP Fiori. Review new universal journal, asset accounting, material ledger, and account-based profitability analysis functionality. Examine the steps required to migrate to SAP S/4HANA Finance and walk through the deployment options. By using practical examples, tips, and screenshots, this book helps readers to:- Understand the basics of SAP S/4HANA Finance- Explore the new architecture, configuration options, and SAP Fiori- Examine SAP S/4HANA Finance migration steps- Assess the impact on business processes
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Janet Salmon is the Chief Product Owner for Management Accounting at SAP SE. Janet has overseen many SAP Controlling functionality product developments both as a Product and Solution Manager.
Claus Wild is a widely recognized electronic payments and cash management expert. Claus has built extensive experience working for an international manufacturing company and as a trainer at SAP. He will join Stellwerk Consulting GmbH in Cologne, Germany, as a Senior Consultant in 2017.
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