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ajaycwa1981
Active Contributor

Hello SAP Financials Community,

Good day to all of you!!

This document is in continuation to my previous blog Simple Finance... SAP's big leap towards restructuring SAP Financials on Simple Finance.

In this document, I will make an attempt to summarize the features / changes introduced by Simple Finance Add-on 1.0, for various process areas / activities.

Lets hit the ground now!!

The below summary is prepared out of document published by SAP, however, in a concise and easy-to-remember form. I have myself explored a majority of these, but not all.

Process AreaSub-AreaImpact
Cost Center AccountingMaster DataIn the activity type master data, pre-distribution of fixed costs is not supported for sender cost centers.
Activity Price CalculationIn the planning versions, tab of price calculation, the actual method should be set as Periodic price .
Splitting Structure
In the assignments of the splitting structure configuration, multiple splitting assignments are not supported.
In the Selection for assignment , Group is not supported.
In the splitting rules, only splitting methods 12, 21, 22, 23, 24, and 25 are supported. The Weighting indicator is not supported.
In the selection for splitting rules configuration, version 0 is supported.
Plan-to-ProduceMaster Data
Origin Group of the Delivered material must not be changed
Multiple operation sequences and parallel sequence are not supported.
Operation split for scheduling is not supported.
Period End CloseVariance Calculation
Target cost versions other than 0 not supported
The explanation function provides less detailed information than before. No explanation is provided for scrap calculation
"Write Line Items" should be selected in the Variance Key definition
Minor differences are not supported.
Primary price variances are not supported.
Variance categories can be posted to different GL Accounts
New T Codes, same as Classic Ones, with a suffix 'H' (i.e. KKS1H)
Performance improvement of the Variance calculation program using the power of HANA
The Close schedules must be updated to include the new programs
WIP Calculation

New T. Code KKAOH has been introduced for calculation of WIP

Using KKAOH, WIP can only be calculated on production orders, not on product cost collectors or process orders

New WIP report helps to see the details of the WIP GL Account broken down into Primary and Secondary costs of Production orders
Performance improvement of the WIP calculation program using the power of HANA
The Close schedules must be updated to include the new programs
WIP calculation in only one version (Legal Valuation) is supported
Assessments & SettlementsTo take full advantage of the SAP HANA architecture, assessment cycles and settlement rules to ensure they are working with account- based profitability analysis
Overhead Calculation
The standard dependencies (D000 – D080) are supported. The customer-defined dependencies are not supported
A quantity-based overhead rate should not be referenced by another quantity-based overhead rate.
Object currency conversion is not supported for quantity-based overhead rates. In such cases, the object currency must be the same as the controlling area currency.
Users need to configure the amount using the controlling area currency in the Costing Sheet.
Order and Business Process are not supported as the object to be credited.
From/To origin are not supported. All units of measure of the cost elements defined in the Base must be compatible.
Order-to-CashCOGS PostingsCOGS can be split between multiple GL accounts to mirror the Cost Components
Credit ManagementFI-AR-CR (Credit Management) will be sunset in next release. FSCM-Credit Management must be used
Asset AccountingTechnical
Classical AA no longer available. This applies across the system. New AA must be used
Enterprise Extension EA-FIN is MUST. Using New GL is MUST
Leading Valuation can take place in any dep. Area. No longer necessary to use Area 01 for this
SAP EHP7 with business function FIN_AA_PARALLEL requires us to use Ledger Approach only. SFIN Supports both ledger and accounts approach
ALE transfer is not available in New AA
The batch input method for transactions based on AB01 is not available. New BAPIs must be used. Any existing interfaces may have to be reworked
New T Codes, same as Classic Ones, with a suffix 'L'. Old T Codes no longer available. Auto direct to New T Code if one uses the older one
Postings
Leading and Parallel Dep. Area can now post in real time.
       - Hence, Concept of Delta Dep. Area is Obsolete
Asset postings (i.e. separate documents) can be made separately to each Dep. Area / Accounting principle, using AB01L
    - The restriction of transaction types to depreciation areas no longer applies
    - User Exit APCF_DIFFERENT_AMOUNTS_GET no longer supported
Simplified management of goods that are to be capitalized in accordance with one set of accounting principles, but are to be posted to expense in accordance with a different set
The integrated posting of investment support on assets using FI transactions is not supported. Tcode ABIFL must be used
Documents before changeover from Classical to New AA cant be reversed. An Inverse posting must be made
Work lists made in AA before the changeover may not work. Hence, all pending tasks with the WL must be processed before the migration or New WL must be created after the Migration
For all asset postings, all posting dep. Areas are updated in real time. Hence, ASKBN is now required only for Dep. Areas that manage reserves for Spl. Depreciation only
Joint Venture Accounting (Oil & Mining)Not Compatible with New Asset Accounting
Planning
New Planning Solution brings financial accounting (FI) and management accounting (CO) together. Flexible Top-Down and Bottom-Up planning function made available
The ability to aggregate and disaggregate data quickly makes it possible to perform simulations and forecasting much faster than was previously possible.
User friendly MS Excel front end and Embedded BI cube makes planning easier. Sample BI cubes are integral part of the SAP now
SAP also delivers a program that automatically analyzes existing customer-specific CO-PA dimensions and generates the corresponding BI objects.
As this planning solution is completely new, it has no impact on existing plan data. SAP will not provide migration functionality.
Project SystemsMaster DataTo take best advantage of the SAP HANA selection capabilities, you must create selection variants
Results Analysis
Only the following results analysis methods are supported:
   - Revenue-based results analysis (method 01)
   - Cost-based results analysis based on the % of completion (method 03)
Customer enhancement and the other 15 methods are not supported.
Expert Mode is partially supported.
Only RA in Legal Valuation is supported
Planned Results Analysis is not supported.
Data Archiving

Data Archiving made redundant, Already Archived documents can still be accessed

Data Aging introduced

Cash and Liquidity Management
Classic Cash and Liquidity Management solution is obsolete
New Cash Management Solution on HANA provides the following new features
  - Bank Account Management
  - Cash Position and Short-Term Cash Forecast
  - Embedded Liquidity Planning
  - Cash flow and liquidity forecast calculation powered by SAP HANA
  - New user experiences with the Net Weaver Business Client (NWBC)
Year End CloseBalance C/fThe program for carrying forward balances now enables you to initialize data carried forward previously when you want to repeat a balance carryforward
ReportingIncome statement by market segmentsReporting uses a logical document that links the financial accounting (FI) line item, the CO line item, and the CO-PA dimensions (where available) to provide an income statement broken down by market segments.
Summarization Hierarchies in CO
Data Collection before hand has been made redundant
On-the-Fly Summarization report has been introduced
Dynamic Summarization, rather than Pre-defined Summarization
TablesSummary Tables removedGLT0, FAGLFLEXT, COSS, COSP, KNC1/3, LFC1/3. (replaced by CDS Views)
Index Tables removedBSIS, BSAS, BSID, BSAD, BSIK, BSAK, FAGLBSIS, FAGLBSAS (replaced by CDS views)
Impact on custom reportsCustom reports based on above tables will continue to work
Logical document

FI / CO document are now linked at Line Item level

This facilitates a logical view of the FI/CO document (Using HANA Live) via program FCO_LOGICAL_DOCUMENT

Hope you enjoyed the learning. Keep watching this space for other documents in the series

Do share your feedback about the document, once you read it. You may leave your comments at the end of the document, by clicking on "Add Comment"

You may also forward it to your colleagues so that it reaches the maximum audience

Best Regards,

Ajay Maheshwari

PS: Tagging SAP ERP Financials - Controlling and SAP ERP Financials  - Asset Accounting forums into the document

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