... Preface ... 21

... About This Book ... 21

... Acknowledgments ... 26

... Introduction ... 29

... Evolution of the Chief Financial Officer ... 30

... Benefits of SAP S/4HANA Finance ... 31

... Functional Changes with SAP S/4HANA Finance ... 34

... System Architecture with SAP S/4HANA Finance ... 36

... Migration to SAP S/4HANA Finance ... 38

... Summary ... 49

I ... Migrating to SAP S/4HANA Finance ... 51

1 ... Preparation ... 53

1.1 ... Check Functional Scope and Restrictions ... 53

1.2 ... Feasibility Checklist ... 55

1.3 ... The Maintenance Planner and Prechecks ... 63

1.4 ... Check Custom Coding ... 64

1.5 ... Check Sizing ... 66

1.6 ... Precheck for Migration to New Asset Accounting ... 66

1.7 ... Activate Business Functions ... 68

1.8 ... Check and Activate New Depreciation Calculation ... 73

1.9 ... Consistency Checks ... 76

1.10 ... Perform Period-End Closing Activities ... 86

1.11 ... Consistency Check before Activation of SAP S/4HANA Finance ... 95

1.12 ... Execute Business Reconciliation ... 96

1.13 ... Summary ... 106

2 ... Installation and Upgrade ... 107

2.1 ... Installation and Upgrade Checklist ... 108

2.2 ... Review Data Model Changes ... 117

2.3 ... Use the Maintenance Planner ... 118

2.4 ... Install the Related Software Component Version ... 120

2.5 ... Apply SAP Notes ... 121

2.6 ... Content Deployment with SAP HANA Application Lifecycle Management ... 123

2.7 ... Perform HANA-tization ... 123

2.8 ... Optimization ... 126

2.9 ... Summary ... 129

3 ... Preparation and Migration for General Ledger ... 131

3.1 ... Activate SAP Reference Implementation Guide for Financial Accounting (New) ... 132

3.2 ... Check and Adopt Fiscal Year Variants ... 133

3.3 ... Define Currency Settings for Migration ... 134

3.4 ... Migrate General Ledger Customizing ... 135

3.5 ... Define Settings for Ledgers and Currency Types ... 136

3.6 ... Define Ledger Groups ... 138

3.7 ... Assign the Accounting Principle to the Ledger Group ... 140

3.8 ... Review the Assignment of Ledger and Company Code to Accounting Principles ... 141

3.9 ... Define the Ledger for the Controlling Version ... 141

3.10 ... Define Document Types for Postings in Controlling ... 142

3.11 ... Define Document Type Mapping for Controlling Business Transactions ... 143

3.12 ... Check and Define Default Values for Postings in Controlling ... 143

3.13 ... Define the Offsetting Account Determination Type ... 145

3.14 ... Define the Source Ledger for Migration of Balances ... 145

3.15 ... Check and Define Settings for Substitution for Cost-of-Sales Accounting ... 146

3.16 ... Check and Define Settings of Controlling Area ... 146

3.17 ... Execute Consistency Check of General Ledger Settings ... 147

3.18 ... Activate Business Functions ... 147

3.19 ... Key Changes to the General Ledger ... 148

3.20 ... Key Changes to Period-End Closing ... 168

3.21 ... Summary ... 173

4 ... Preparation and Migration for Asset Accounting ... 175

4.1 ... Prerequisites ... 177

4.2 ... Install SAP S/4HANA Finance with New Asset Accounting ... 177

4.3 ... Migrate Charts of Depreciation ... 178

4.4 ... Customization Prior to Activation ... 179

4.5 ... Check Prerequisites for Activating New Asset Accounting ... 184

4.6 ... Determine Active Charts of Depreciation ... 185

4.7 ... Change Definitions of Depreciation Areas ... 186

4.8 ... Specify Transfer of Acquisition and Production Cost Values ... 188

4.9 ... Specify Transfer of Depreciation Terms ... 190

4.10 ... Activate New Asset Accounting ... 191

4.11 ... Adjust Parameters in Charts of Depreciation ... 192

4.12 ... Display Migration Log ... 193

4.13 ... Key Changes to Asset Accounting ... 194

4.14 ... Summary ... 206

5 ... Preparation and Migration for Controlling ... 207

5.1 ... Execute SAP Business Warehouse Delta Extracti