Main menu

SAP Simple Finance 1503 - FAQ's

On Thursday, June 11, 2015 members of the SAP Controlling Community gathered for a webinar presented by Janet Salmon on the latest changes to accounting and controlling in SAP Simple Finance 1503. The webinar was a a sneak peek of Janet's Controlling 2015 plenary session. The webinar Explored how changes in SAP Simple Finance will affect SAP Controlling including how accounts and cost elements will merge, what you can expect to see in Reporting and Planning, and how account-based CO-PA has been enhanced to provide better Profitability Reporting. Keep reading for a list of frequently asked questions that came up during the course of the webinar on SAP Simple Finance 1503.

Do you still have the number of characteristics limitation to 50 in COPA? 
Some of the interfaces in CO-PA still check that you are not sending more than 50 characteristics, so SAP still recommends that you limit your operating concern to 50 characteristics. Nevertheless since each of the characteristics becomes a field in the universal journal when you come to build reports you can use attribute views to determine additional fields for example,  the material.
Do we need to have the HANA Live installed for these reports?
Your classic reports (Report Writer, Drill-Down, ABAP List Viewer) will run as before using compatibility views to select the relevant data from the universal journal. For the modern reports such as the multi-dimensional trial balance, line item browser or income statement are using a combination of HANA views and operational data providers or virtual infoproviders to feed the queries.
Can you explain a little more how secondary cost element are merged with GL? How are the GL accounts segregated for activity types, OH, etc.?
During migration a G/L account will be created automatically for every secondary cost element and fields such as cost element category transferred from the cost element. The segregation of the secondary cost elements takes place via the cost element category (assessment, settlement, activity allocation, overhead calculation, etc).
Is universal journal updated after document splitting ?
The BSEG entries for payables and receivables won’t be split, but the split will happen in the universal journal (ACDOCA) based on the splitting rules.
Is it also unified, in addition to, universal, journal and who is the D000002 user?
User D000002 is Hasso Plattner, one of the founders of SAP and still an active blogger. As to unified vs universal, we started the project talking about the need to unify our structures, but ended up with a universal journal.
Is costing based COPA document different from new Universal document?
Yes the costing-based CO-PA document will be as before a combination of CE1XXXX for the transactions and CE4XXXX for the characteristics. In the universal journal you will have fields for each characteristic in CE4XXXX and a link to CE4XXXX via the PAOBJNR for reasons of backwards compatibility.
In Column table view is SAP BW SID concept moving to ERP ?
SAP BW SIDs are for the master data.
Here’s a nice tutorial about row vs column store
http://saphanatutorial.com/column-data-storage-and-row-data-storage-sap-hana/
In simple finance , can I have a new field based on business need which can link with logistics? For example, a team field which will drive from sales Oder which will flow to GL posting? 
You can add a field to the universal journal easily but you will have to create a derivation logic of some kind to fill it and as with any derivation the more complex you make the logic to fill it, the more you’ll impact performance during posting.
Basically if we can expand the profit center structure by using the new field can I do Kp26 cost center activity type with functional area planning as well?

You can’t do this using transaction KP26 since this hasn’t been enabled to derive the functional area. IF you want to fill all the dimensions during planning, then investigate Integrated Business Planning for Finance.

 

Watch a recording of Get up to speed on the latest changes to accounting and controlling in SAP Simple Finance 1503.

 

 

 

 

 

 

 

 

 

Download the slides: CON2015_Salmon_Simple_Finance_Webinar.pdf

Janet Salmon is the Chief Product Owner for Management Accounting at SAP AG. Janet is known to many SAP Financials professionals for her writings on Controlling and related subjects in SAP Financials Expert. She is the author of Controlling with SAP – Practical Guide, Accelerated Financial Closing with SAP, and SAP HANA for ERP Financials 2nd Edition. Janet has overseen many SAP Controlling functionality product developments both as a Product and Solution Manager. Most recently she spearheaded changes to the user interfaces within Controlling and data transfer from Controlling to SAP HANA. Learn more about Janet's sessions at Controlling 2015.

 

 

Webinar Annoucement: Modernizing Your SAP Environm...
Learn more about Controlling 2015 exhibitor Consol...

Related Posts

 

Comments 62

Guest - malathym on Friday, 26 February 2016 07:51

Thanks for sharing great information in your blog. Got to learn new things from your Blog . It was very nice blog to learn about SAP SF.
http://thecreatingexperts.com/sap-training-in-chennai/sap-success-factors-training-in-chennai/

Thanks for sharing great information in your blog. Got to learn new things from your Blog . It was very nice blog to learn about SAP SF. http://thecreatingexperts.com/sap-training-in-chennai/sap-success-factors-training-in-chennai/
Guest - sravani on Saturday, 27 February 2016 07:09

Vey very nice blog!!
Hi there,I enjoy reading through your article post, I wanted to write a little comment to support you and wish you a good continuationAll the best for all your blogging efforts.
Appreciate the recommendation! Let me try it out.
Keep working ,great job!
https://www.saponlinetraining.co.in

Vey very nice blog!! Hi there,I enjoy reading through your article post, I wanted to write a little comment to support you and wish you a good continuationAll the best for all your blogging efforts. Appreciate the recommendation! Let me try it out. Keep working ,great job! https://www.saponlinetraining.co.in
Guest - sanayamohit on Friday, 04 March 2016 12:06

Thanks for a great information in your blog. I have read all the post of your blog. Great work on sap sf training in chennai

Thanks for a great information in your blog. I have read all the post of your blog. Great work on sap sf training in chennai
Guest - PragnaTechnologies on Tuesday, 19 April 2016 10:17

Very informative post you have...
simple finance online training | simple finance online training in Hyderabad

Very informative post you have... simple finance online training | simple finance online training in Hyderabad
Guest - Elanthendral on Friday, 22 April 2016 11:14

I like your collection, thanks for sharing this wonderful collection of themes with us.i am working in Erp Software Development Company In India

I like your collection, thanks for sharing this wonderful collection of themes with us.i am working in Erp Software Development Company In India
Guest - FinancialAdvisorFallsChurchVA on Saturday, 28 May 2016 07:02

Good work! Your post is an excellent example of why I keep coming back to read your excellent quality content.
http://www.mannacapitalmanagement.com/

Good work! Your post is an excellent example of why I keep coming back to read your excellent quality content. [b]http://www.mannacapitalmanagement.com/[/b]
Guest - FinancialAdvisor on Saturday, 28 May 2016 07:03
http://www.mannacapitalmanagement.com/
Guest - Praveen on Saturday, 23 July 2016 07:22

SAP S/4HANA Finance. Accelerate finance transformation with SAP S/4HANA Finance. Discover the 5 simple steps to drive quick time-to-value with this ..

SAP S/4HANA Finance. Accelerate finance transformation with SAP S/4HANA Finance. Discover the 5 simple steps to drive quick time-to-value with this ..
Guest - kbs on Saturday, 23 July 2016 07:25

SAP Simple Finance: the new ERP Financial Solutions portfolio built for SAP HANA, allowing “real-real-time” analytics at “most granular level” ..
SAP Simple Finance Training

SAP Simple Finance: the new ERP Financial Solutions portfolio built for SAP HANA, allowing “real-real-time” analytics at “most granular level” .. SAP Simple Finance Training
Guest - sampath on Monday, 03 October 2016 13:23

Thank you for valuable information on SAP.I found a related pages.They are providing sap online training. It has good information on sap installation and sap online training.It is the best SAP online training and remote access. It has best SAP server access. More information follow link http://www.saphanaserveraccess.com/sap-hana-installation/

Thank you for valuable information on SAP.I found a related pages.They are providing sap online training. It has good information on sap installation and sap online training.It is the best SAP online training and remote access. It has best SAP server access. More information follow link http://www.saphanaserveraccess.com/sap-hana-installation/
Guest - sampath on Monday, 03 October 2016 13:27

Thank you for valuable information on SAP.We are providing sap online training. It has good information on sap simple finance installation and sap simple logistics online training.It is the best SAP online training and remote access. It has best SAP server access. More information follow link http://www.sapremoteaccess.in/

Thank you for valuable information on SAP.We are providing sap online training. It has good information on sap simple finance installation and sap simple logistics online training.It is the best SAP online training and remote access. It has best SAP server access. More information follow link http://www.sapremoteaccess.in/
Guest - sathvik on Monday, 03 October 2016 13:35

Thank you. The information you provided is much usful information. I found a related SAP online training. It has good information.they are providing sap installation and remote access.
visit the site http://www.sapinstallationhyderabad.com/

Thank you. The information you provided is much usful information. I found a related SAP online training. It has good information.they are providing sap installation and remote access. visit the site http://www.sapinstallationhyderabad.com/
Guest - sathvik on Monday, 03 October 2016 13:47

Thank you for valuable information on SAP.I found a related pages.They are providing sap online training. It has good information on sap installation and sap online training.It is the best SAP online training and remote access. It has best SAP server access. More information follow link 
http://www.simplelogisticsonlinetraining.com/

Thank you for valuable information on SAP.I found a related pages.They are providing sap online training. It has good information on sap installation and sap online training.It is the best SAP online training and remote access. It has best SAP server access. More information follow link  http://www.simplelogisticsonlinetraining.com/
Guest - sivajikits on Monday, 24 October 2016 10:15

nice article

nice article
Guest - punyavathi siva on Tuesday, 24 January 2017 12:23

hank you for your great information on sap online training.

sap hana online training in india.

hank you for your great information on sap online training. sap hana online training in india.
Guest - krishna on Monday, 06 February 2017 11:01

Thanks for Posting this SAP PLUG AND PLAY HARD DRIVES BLOG, KEEP POSTING

Thanks for Posting this SAP PLUG AND PLAY HARD DRIVES BLOG, KEEP POSTING
Guest - Srikanth on Monday, 06 February 2017 11:06

Thanks for Posting this,very nice SAP HANA Server Access post for SAP Aspirants. Keep Posting

Thanks for Posting this,very nice SAP HANA Server Access post for SAP Aspirants. Keep Posting
Guest - punyavathi on Tuesday, 21 February 2017 10:18

Nice blog thank you for sharing sap bibw online training in uk, usa, canada, india.

Online SAP BIBW Training in USA
SAP BIBW Online Training uk

Nice blog thank you for sharing sap bibw online training in uk, usa, canada, india. Online SAP BIBW Training in USA SAP BIBW Online Training uk
Guest - priya on Monday, 03 April 2017 11:31

Hi. Thank you for this valuable information on SAP. It is very use full. Also Prologins has been going to start new batch for SAP S4 HANA online training with server access. For more you can visit the website http://prologins.com/saps4hana.html

Hi. Thank you for this valuable information on SAP. It is very use full. Also Prologins has been going to start new batch for SAP S4 HANA online training with server access. For more you can visit the website http://prologins.com/saps4hana.html
Guest - christiana on Thursday, 06 April 2017 10:33

Good Article, Thanks for sharing this information. You may refer for more details on TekSlate

Good Article, Thanks for sharing this information. You may refer for more details on [url=http://tekslate.com/]TekSlate[/url]
Already Registered? Login Here
Guest
Tuesday, 21 May 2019