Central Finance and SAP S/4HANA

· ... Preface ... 19

· ... Target Audience ... 19

· ... Objective ... 20

· ... Structure of this Book ... 20

· ... Acknowledgments ... 23

· Part I ... Getting Started with Central Finance ... 27

· 1 ... The Basics: What Is Central Finance? ... 29

· 1.1 ... A Centralized Finance System ... 29

· 1.2 ... Central Finance with SAP S/4HANA ... 35

· 1.3 ... Central Finance Components ... 40

· 1.4 ... Central Finance Outcomes ... 49

· 1.5 ... Central Finance Boundaries and Restrictions ... 51

· 1.6 ... Common Central Finance Misconceptions ... 53

· 1.7 ... Summary ... 55

· 2 ... The Mechanics: How Does Central Finance Work? ... 57

· 2.1 ... Functional Foundation ... 57

· 2.2 ... Central Finance Capabilities ... 60

· 2.3 ... Summary ... 72

· 3 ... The Motivation: Why Central Finance and Why Now? ... 73

· 3.1 ... Central Finance as a Silver Bullet ... 73

· 3.2 ... Innovation Acceleration ... 79

· 3.3 ... Process Transformation ... 83

· 3.4 ... Business Model Evolution ... 85

· 3.5 ... Technology Transformation ... 88

· 3.6 ... SAP S/4HANA Adoption ... 92

· 3.7 ... Summary ... 95

· 4 ... Reporting: What Can I Learn About My Data? ... 97

· 4.1 ... Advanced Reporting ... 97

· 4.2 ... Extended Dimensional Reporting ... 108

· 4.3 ... Entity Reporting ... 113

· 4.4 ... Group Reporting ... 116

· 4.5 ... Summary ... 120

· 5 ... Finance Processes: What Can Central Finance Improve? ... 121

· 5.1 ... Digital Debt ... 121

· 5.2 ... Planning, Reporting, and Compliance ... 128

· 5.3 ... Finance Operations and Shared Services ... 136

· 5.4 ... Central Closing ... 158

· 5.5 ... Summary ... 174

· 6 ... Finance Data Harmonization: How Does Central Finance Standardize Data? ... 175

· 6.1 ... Why Harmonize Data? ... 175

· 6.2 ... Transactional Data Loads ... 180

· 6.3 ... Master Data Processes ... 185

· 6.4 ... Master Data Objects and Hierarchies ... 191

· 6.5 ... Ongoing Transaction Replication ... 200

· 6.6 ... Governance ... 205

· 6.7 ... Summary ... 212

· 7 ... Deployment Options: How Do I Implement Central Finance? ... 213

· 7.1 ... Getting Started ... 214

· 7.2 ... On-Premise ... 216

· 7.3 ... Cloud ... 225

· 7.4 ... Two-Tier Strategy ... 237

· 7.5 ... Summary ... 238

· Part II ... Deploying Central Finance ... 241

· 8 ... System Architecture ... 243

· 8.1 ... Technical Architecture ... 243

· 8.2 ... Central Finance Landscape ... 249

· 8.3 ... SAP Landscape Transformation Replication Server ... 254

· 8.4 ... SAP Application Interface Framework ... 257

· 8.5 ... Frontend Tools and Central Finance ... 261

· 8.6 ... Summary ... 267

· 9 ... Implementing Central Finance ... 269

· 9.1 ... Rollout ... 269

· 9.2 ... Roadmap ... 273

· 9.3 ... System Setup ... 274

· 9.4 ... Data Integration Framework ... 298

· 9.5 ... Replication Setup ... 319

· 9.6 ... Business Mapping ... 332

· 9.7 ... Consistency Check Reports ... 336

· 9.8 ... Initial Data Load ... 340

· 9.9 ... Summary ... 365

· 10 ... Implementation Project and Operations ... 367

· 10.1 ... Establishing a Governance Framework ... 368

· 10.2 ... Project Methodology ... 378

· 10.3 ... Discover and Prepare Phases ... 383

· 10.4 ... Explore Phase ... 385

· 10.5 ... Realization Phase ... 387

· 10.6 ... Deploy Phase ... 390

· 10.7 ... Run Phase ... 396

· 10.8 ... Mergers, Acquisitions, and Divestitures ... 402

· 10.9 ... Summary ... 404

· 11 ... Master Data Management ... 405

· 11.1 ... Master Data Integration Technology Options ... 406

· 11.2 ... SAP Master Data Governance ... 451

· 11.3 ... Summary ... 474

· Part III ... Next Steps with Central Finance ... 477

· 12 ... Mergers and Integrations ... 479

· 12.1 ... Integration Catalyst ... 479

· 12.2 ... Mergers and Ac