Introduction
SAP Simple Finance
gives an accounting solution fueled by SAP HANA. S/4 HANA fund accompanies
finance and accounting administration strategies and backings operations
proficiently. With SAP S/4 HANA Finance, you have the accompanying releases:
SAP S/4HANA Finance
1605
SAP S/4HANA Finance,
On-Premise Edition 1503
SAP Simple Finance
Add-On for SAP Business Suite controlled by SAP HANA
Note:
SAP Simple Finance is likewise called SAP S/4 HANA Finance. With the release of
1605, SAP Simple Finance is just known as S/4 HANA Finance and this will be the
main name of various releases of SAP Simple Finance.
During the installation
of SAP S/4 HANA Finance, multiple front-end and back-end components get
installed.
SAP Simple Finance ─ Deployment Options
You can extend a simple
finance system either on-premise or in a cloud environment. When you deploy
central finance system in cloud deployment synopsis, the data replication is
performed using the corresponding devices that are used in on-premise
installations - SLT. To perform data replication by means of SLT, SLT segments
should be accessible on both, the sending (on-preface) and the getting
system(cloud).
Non-SAP reporting and
analytics, and extra SAP Simple Finance, or accomplice items should be
connected with the cloud example or be made accessible to the cloud
installation as required.
SAP Simple Finance ─Key Features
Following features are
available for SAP Simple Finance –
Financial Planning and Analysis
Using SAP Simple
Finance, businesses can use it to plan, forecast, and budget as an ongoing
procedure. With the use of Predictive Analysis, you can forecast the impact of
business choices on the financial reports of the association.
Accounting and Finance
With the use of advance
Finance and Accounting features, associations can meet the legal terms and make
the financial reports on time.
Financial Risk Management
Using auspicious
Analysis, companies can find the risk in financial processes at an advanced
stage and device ways to relieve them. It is easy to find the best possible
investment rates as per market standards.
Risk and Compliance Management
Using strong financial processes, it is easy
to prevent unlawful access to sensitive data in the organization. It is easy to
identify fraud and abuse, and organizations can proactively balance the risk
for all the financial processes.
SAP Simple Finance ─ Architecture
SAP Simple Finance
provides large cost and time-saving to oversee finance and accounting by
leveraging the computing power of SAP HANA. The universal journal connects all
the advanced qualities of accounting components. In the previous SAP Finance
Accounting tool, all the components are independently managed due to technical
limitations without HANA platform.
Before SAP Simple
Finance there were a considerable measure of difficulties, for example, -
• Different level of
points of interest put away in particular segments/tables
• To move the data to
proper table for reporting reason
• Multiple BI
extractors to analyze full information in BI
• Reconciliation
required for all segments
Key
Features of the New Architecture
Following components
are given new SAP Simple Finance design -
• Multidimensional
giving an account of the Universal journal without performing data replication
to BI.
• Universal Journal as
one-line thing table with full detail for every one of the segments. No
compromise is required and information is put away just once
• Improved basic
capacities of the financial arrangement - multi GAAP, extra monetary forms, and
so forth.
• Support for the
current ABAP projects or reports to earlier tables with perusing access.
Following tables are supplanted by similarity sees in the new architecture –
Index Tables Removed:
• BSIS - Index for G/L account
• BSAD - Index for Customers (Cleared Items)
• BSIK - Index for Vendors
• BSAS - Index for G/L Accounts (Cleared
Items)
• BSAK - Index for Vendors (Cleared Items)
• BSID - Index for Customers
Other Tables Removed:
• ANEP - Fixed Assets: Line Items
• COEP - Cost Line Items
Aggregate Tables Removed:
• LFC1 - Vendor Master (Transaction Figures)
• GLT3 - Summary Data Preparation for
Consolidation
• GLT0 - General Ledger Totals
• KNC1 - Customer Master (Transaction
Figures)
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