sap simple finance

www.infogility.org2/25/2014

Simple Finance

2© Infogility 2014, www.infogility.org

Simple Finance Introduction

All Information is based on Infogility’s Opinion

Since its introduction in early 2014, SAP Simple Finance has caused a lot of excitement in the SAP financial community.

What is Simple Finance?• It is a single source of truth for accounting • Remove Index and aggregation tables not needed• Logic Document• Embedded Analytics• New user interface utilizing SAP Fiori apps• Speed up the month-end processes• Integrated planning• Migration to NEW GL


It is a single source of truth for accounting

• Logical Document link FI and CO data creating on logic document (Link BSEG and COEP)

• New G/L balance on CO levels - COEP has been enhanced by the additional fields listed above.

• logical document allow data selection from one data source

• Accounts become the leading dimension in FI and CO including COPA - Same level of detail in Account Based and Cost Based CO-PA at component level. (new

customizing in product costing)

• Integration of legal & internal management views on single line item level

• General Ledger will be stored in one repository• Revenue and cost part of the P&L has all relevant detail to customers, products etc.



Removal of Index and aggregation tables• Reduce the size of the underlying tables• Reduction in data base cost can help offset HANA implementation cost • Processes will run more efficiently such as cost allocations and the ability to

perform analysis within the SAP Business Suite on HANA environmentRemoved Tables:


Index table Aggregate tables

BSIS - Index for G/Laccount GLT0 General Ledger : Totals

BSAS -Index for G/Laccounts (ClearedItems) GLT3 Summary Data Preparations for Consolidation

BSID - Index for Customers FAGLFLEXT New General Ledger Totals

BSAD - Index for Customers (ClearedItems) KNC1 Customer master(transaction figures)

BSIK - Index for Vendors LFC1 Vendor master(transaction figures)

BSAK -Index for Vendors(ClearedItems) KNC3 Customer master(special G/L transaction

BSIM -Index,Documents for Material LFC3 Vendor master(specialG/L transaction

FAGLBSIS - Index for G/L Accounts-NewG/L COSS Cost Totals for Internl Postings

FAGLBSAS - Index for G/L COSP Cost Totals for Externa lPostings


Logic Document


Current Financials

Pre-DefinedAggregates

FI Document Totals & Indices

Financial Accounting

CO Document Totals & Indices

Financial Accounting

Simplel Financials

FI / CO Logical Document -Link FI / CO

Data

Totals & IndicesFinancial Accounting

Totals & IndicesFinancial Accounting

Analytic

Analytic

HANA HANA views on

the fly from Source

− Data Redundancy

− Reconciliation Effort

− Minor Flexibility

+ The processing and analysisis based on line items ratherthan pre-configured totals.

+ ReducedReconciliation

+ Higher Flexibility

+ Reduced DataVolume


Embedded Analytics

• Using HANA as underlined database – Data extracted via VDM within HANA

• Calculation logic is in HANA providing better performance

• BW and BOBJ technology consumes the data from within HANA

• New UI provides flexible frontend

• Building report on the fly

• The SAP Simple Finance add-on for SAP Business Suite powered by SAP HANA is embedded into SAP ( From enhancement package 7 for SAP ERP 6.0 installation is tightly

integrated with SAP ERP applications)All Information is based on Infogility’s Opinion


New user interface utilizing SAP Fiori apps

• Common platform - Reduces the reliance on Data Warehouse systems for reporting and analysis

• Most common Finance SAP transactions and reports making use of SAPUI5 via SAP Fiori apps.

• The look and feel is totally different -

• Cockpit/Dashboard environment -http://experience.sap.com/fiori/


http://experience.sap.com/fiori/


Speed up the month-end processes

• All of the data is held in a common structure & logical document in HANA

• Simplified reconciliation due to integration with CO

• Account based COPA include COGS cost component split

• COPA and Finance postings done at the same time

• Reporting real-time directly from source data

• Consolidations could be run on the original accounting data.

• Data replication (BI etc) would become obsolete, someconsolidation functionality can be run on the fly in reporting.



Integrated planning


• Common Architecture Across BPC, BW, HANA and ERP

• Common Excel and WEB UI front end integrated back to ERP

• All planning is in a single integrate planning application

BPC BW-IP ERP EXCEL

Old Process Common Excel and Web UI

BPC NW 10.1 ERP

HANA – Planning Engine

New Process


Migration to Simple Finance


Classic G/Lin ERP

New G/Lin ERP

G/L in SAP

Accounting

Start

TargetMigration scenarios* at fiscal year end

Ledger merge (for P&L)

Planned

functionality

Real-time integration CO-FI

Parallel ledgers

Document split

Ledger merge (for B/S)

Migration scenarios at fiscal year end

Available

Upgrade to the SAP

Simple Finance add-

on Transition at

Period end

G/L in SAP

Accounting

26Customer

Planned functionality

Logical Document

Line-item detail

Faster processes



Parallel ledgers

Document split

Ledger merge (for B/S)

Ramp-Up Knowledge Transfer

Logical Document

Line-item detail

Faster processes



*) a service offered by AGS SLO

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

Upgrade to the SAP

Simple Finance add-

on Transition at

Period end


RESOUCES


• WWW.SAP.COM

• http://experience.sap.com/fiori/

• http://sapexperts.wispubs.com/Financials

• http://www.sap.com/solution/lob/finance/software/cloud-erp-finance-management/index.html

http://www.sap.com/



http://sapexperts.wispubs.com/Financials

http://sapexperts.wispubs.com/Financials

http://www.sap.com/solution/lob/finance/software/cloud-erp-finance-management/index.html








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