I was a keen ballroom dancer in my youth, and was recently inspired to take it up again and started to learn the ‘Kizomba Dance’. At first this new dance was rather unfamiliar and I was struggling to reach the heights of my youthful ballroom dancing.
It was when I realised that the ‘Kizomba’ was a union of Salsa and Tango, both dances I was familiar with that I began to understand the dance and return (in my mind anyway) to the performance levels I expected of myself.
Well initially S/4 HANA Simple Finance can seem quite unfamiliar, S/4 HANA has taken SAP into the digital age. S/4 HANA Simple Finance and most of the new solutions from SAP that are based on SAP HANA give the users a new experience with solutions such as SAP Fiori and SAP Screen Personas. Solutions built to allow the users to dance into the system with a friendly and customisable layout.
But very quickly you come to realise that you are familiar with both Apps and Webpages and the Digital world and also historical accounting systems and S/4 HANA is a combination of those 2 familiar things just like the unfamiliar Kizomba dance is simply a fusion of Salsa and Tango.
There are some differences that you should be aware of, SAP have redesigned their Finance solution to take advantage of the new in memory HANA database.
So what are the changes from the classic G/L to new G/L? This is perhaps the biggest question and I could write three books of changes! But I will try to focus on the most important and relevant changes.
The first and probably most important change initially looks like something quite technical; SAP have introduced a new table “ADDOCA” (known as the ‘single source of truth’) that includes all the relevant fields from a number of other tables which have now been replaced by this table. This remove some redundancy and duplications improving process times, memory usage, etc…. FI Postings in SFIN (FI, AA and CO) are now real-time postings written on the fly to the new ACDOCA table. These 2 changes unlock many of the key changes with Simple Finance.
Simple FI also introduces harmonization of G/L Accounts and Cost Elements. Cost elements are no longer separated from the G/L accounts become G/L accounts.
Simple Finance takes advantage of the new “ADDOCA” table by introducing the “Universal Journal” with extensibility for custom fields, CO-PA and G/L coding block. This enables amongst other things a New Cost of Goods Sold (COGS) and Work in Progress (WIP) analysis with much improved performance due to the merging of the G/L accounts and cost elements in the “Universal Journal”, with the traditional reconciliation effort also been removed in Simple Finance.
Simple Finance also introduces Appendix ledgers to remove the old parallel accounting functionality, allowing automatic posting of multiple ledgers with a single posting and also allow you to do small adjustments for your reporting.
Simple Finance also completely renovates the engine for asset management where all the planned depreciations values become real postings reducing the depreciation run effort and the effort required for month end and year end closure. The new Asset Management functionality also provides more details about the asset postings and values by depreciation areas for example you could depreciate your fleet of cars in the UK over an 8 year period while doing the same in the US over a 10 year period.
When learning a new dance, you should seek out the best teacher, at Experior we have a team of SAP Testers who are experts in the old FI-CO SAP modules and have been working on the latest HANA projects gaining an understanding of S4/HANA Simple Finance so can help and guide you through a new Simple Finance implementation or an upgrade from SAP FI-CO. Like the spectacular Kizomba dance, Experior consultants fuse together both SAP expertise with Testing expertise to add extra greater value to your project.
And as in the ballroom where you wear a special shoes, you should choose the right tools for the job. At Experior, like SAP themselves, we recommend the use of the suite HP Testing Tools; HP Application Lifecycle Management (ALM) formerly known as Quality Centre (HP QC), HP LoadRunner (HP LR) for your performance testing and HP Unified Functional Testing (UFT) in combination with SAP Test Acceleration and Optimisation (SAP TAO) for automated testing.