SAP S4 Finance

SAP S/4 Finance

There are several new features, which will come with the latest SAP S/4 Hana Finance Solution. We want to mention some of them. Please contact us for further information.

First, the General Ledger will be replaced by the new Universal Journal (table ACDOCA) and will also contain information from Controlling, CO-PA and Inventory Management. As a result, redundant data can be avoided and there is more flexibility by using certain reporting tools. It is not necessary, specially for small KMU´s or for complete new installations, to use a separate business warehouse system, at least not from the beginning – the new SAP S/4 HANA Embedded Analytics is providing enough reporting options for most of the customer needs.

S/4 HANA Central Finance enables the customer to have one central reporting tool for both SAP and Non-SAP data. A close of a period can be processed now in real-time, thanks to HANA. Instead of accounts payable and accounts receivable, the new concept of a business partner will need to be implemented.

Cash Management will come with new features as well and will provide liquidity management, specific cash operations and banc account management.