SlideShare a Scribd company logo
www.infogility.org2/25/2014
Simple Finance
2© Infogility 2014, www.infogility.org
Simple Finance Introduction
All Information is based on Infogility’s Opinion
Since its introduction in early 2014, SAP Simple Finance has
caused a lot of excitement in the SAP financial community.
What is Simple Finance?
• It is a single source of truth for accounting
• Remove Index and aggregation tables not needed
• Logic Document
• Embedded Analytics
• New user interface utilizing SAP Fiori apps
• Speed up the month-end processes
• Integrated planning
• Migration to NEW GL
3© Infogility 2014, www.infogility.org
It is a single source of truth for accounting
• Logical Document link FI and CO data creating on logic document (Link BSEG and
COEP)
• New G/L balance on CO levels - COEP has been enhanced by the additional fields
listed above.
• logical document allow data selection from one data source
• Accounts become the leading dimension in FI and CO including COPA - Same level
of detail in Account Based and Cost Based CO-PA at component level. (new
customizing in product costing)
• Integration of legal & internal management views on single line item level
• General Ledger will be stored in one repository
• Revenue and cost part of the P&L has all relevant detail to customers, products etc.
All Information is based on Infogility’s Opinion
4© Infogility 2014, www.infogility.org
Removal of Index and aggregation tables
• Reduce the size of the underlying tables
• Reduction in data base cost can help offset HANA implementation cost
• Processes will run more efficiently such as cost allocations and the ability to
perform analysis within the SAP Business Suite on HANA environment
Removed Tables:
All Information is based on Infogility’s Opinion
Index table Aggregate tables
BSIS - Index for G/Laccount GLT0 General Ledger : Totals
BSAS -Index for G/Laccounts (ClearedItems) GLT3 Summary Data Preparations for Consolidation
BSID - Index for Customers FAGLFLEXT New General Ledger Totals
BSAD - Index for Customers (ClearedItems) KNC1 Customer master(transaction figures)
BSIK - Index for Vendors LFC1 Vendor master(transaction figures)
BSAK -Index for Vendors(ClearedItems) KNC3 Customer master(special G/L transaction
BSIM -Index,Documents for Material LFC3 Vendor master(specialG/L transaction
FAGLBSIS - Index for G/L Accounts-NewG/L COSS Cost Totals for Internl Postings
FAGLBSAS - Index for G/L COSP Cost Totals for Externa lPostings
5© Infogility 2014, www.infogility.org
Logic Document
All Information is based on Infogility’s Opinion
Current Financials
Pre-Defined
Aggregates
FI Document
Totals & Indices
Financial Accounting
CO Document
Totals & Indices
Financial Accounting
Simplel Financials
FI / CO Logical
Document -
Link FI / CO
Data
Totals & Indices
Financial Accounting
Totals & Indices
Financial Accounting
Analytic
Analytic
HANA
HANA views on
the fly from Source
− Data Redundancy
− Reconciliation Effort
− Minor Flexibility
+ The processing and analysis
is based on line items rather
than pre-configured totals.
+ Reduced
Reconciliation
+ Higher Flexibility
+ Reduced Data
Volume
6© Infogility 2014, www.infogility.org
Embedded Analytics
• Using HANA as underlined database – Data extracted via VDM
within HANA
• Calculation logic is in HANA providing better performance
• BW and BOBJ technology consumes the data from within
HANA
• New UI provides flexible frontend
• Building report on the fly
• The SAP Simple Finance add-on for SAP Business Suite
powered by SAP HANA is embedded into SAP ( From
enhancement package 7 for SAP ERP 6.0 installation is tightly
integrated with SAP ERP applications)
All Information is based on Infogility’s Opinion
7© Infogility 2014, www.infogility.org
New user interface utilizing SAP Fiori apps
• Common platform - Reduces the reliance on Data Warehouse
systems for reporting and analysis
• Most common Finance SAP transactions and reports making
use of SAPUI5 via SAP Fiori apps.
• The look and feel is totally different -
• Cockpit/Dashboard environment -
http://experience.sap.com/fiori/
All Information is based on Infogility’s Opinion
8© Infogility 2014, www.infogility.org
Speed up the month-end processes
• All of the data is held in a common structure & logical
document in HANA
• Simplified reconciliation due to integration with CO
• Account based COPA include COGS cost component split
• COPA and Finance postings done at the same time
• Reporting real-time directly from source data
• Consolidations could be run on the original accounting data.
• Data replication (BI etc) would become obsolete, some
consolidation functionality can be run on the fly in reporting.
All Information is based on Infogility’s Opinion
9© Infogility 2014, www.infogility.org
Integrated planning
All Information is based on Infogility’s Opinion
• Common Architecture Across BPC, BW, HANA and ERP
• Common Excel and WEB UI front end integrated back to ERP
• All planning is in a single integrate planning application
BPC BW-IP ERP EXCEL
Old Process Common Excel and Web UI
BPC NW 10.1 ERP
HANA – Planning Engine
New Process
10© Infogility 2014, www.infogility.org
Migration to Simple Finance
All Information is based on Infogility’s Opinion
Classic G/L
in ERP
New G/L
in ERP
G/L in SAP
Accounting
Start
Target
Migration scenarios* at fiscal year end
 Ledger merge (for P&L)
Planned
functionality
 Real-time integration CO-FI
 Parallel ledgers
 Document split
 Ledger merge (for B/S)
Migration scenarios at fiscal year end
Available
Upgrade to the SAP
Simple Finance add-
on Transition at
Period end
G/L in SAP
Accounting
26Customer
Planned functionality
 Logical Document
 Line-item detail
 Faster processes
 Ledger merge (for P&L)
 Real-time integration CO-FI
 Parallel ledgers
 Document split
 Ledger merge (for B/S)
Ramp-Up Knowledge Transfer
 Logical Document
 Line-item detail
 Faster processes
 Ledger merge (for P&L)
 Real-time integration CO-FI
*) a service offered by AGS SLO
© 2014 SAP SE or an SAP affiliate company. All rights reserved.
Upgrade to the SAP
Simple Finance add-
on Transition at
Period end
11© Infogility 2014, www.infogility.org
RESOUCES
All Information is based on Infogility’s Opinion
• WWW.SAP.COM
• http://experience.sap.com/fiori/
• http://sapexperts.wispubs.com/Financials
• http://www.sap.com/solution/lob/finance/software/cloud-
erp-finance-management/index.html

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SAP Simple Finance

  • 2. 2© Infogility 2014, www.infogility.org Simple Finance Introduction All Information is based on Infogility’s Opinion Since its introduction in early 2014, SAP Simple Finance has caused a lot of excitement in the SAP financial community. What is Simple Finance? • It is a single source of truth for accounting • Remove Index and aggregation tables not needed • Logic Document • Embedded Analytics • New user interface utilizing SAP Fiori apps • Speed up the month-end processes • Integrated planning • Migration to NEW GL
  • 3. 3© Infogility 2014, www.infogility.org It is a single source of truth for accounting • Logical Document link FI and CO data creating on logic document (Link BSEG and COEP) • New G/L balance on CO levels - COEP has been enhanced by the additional fields listed above. • logical document allow data selection from one data source • Accounts become the leading dimension in FI and CO including COPA - Same level of detail in Account Based and Cost Based CO-PA at component level. (new customizing in product costing) • Integration of legal & internal management views on single line item level • General Ledger will be stored in one repository • Revenue and cost part of the P&L has all relevant detail to customers, products etc. All Information is based on Infogility’s Opinion
  • 4. 4© Infogility 2014, www.infogility.org Removal of Index and aggregation tables • Reduce the size of the underlying tables • Reduction in data base cost can help offset HANA implementation cost • Processes will run more efficiently such as cost allocations and the ability to perform analysis within the SAP Business Suite on HANA environment Removed Tables: All Information is based on Infogility’s Opinion Index table Aggregate tables BSIS - Index for G/Laccount GLT0 General Ledger : Totals BSAS -Index for G/Laccounts (ClearedItems) GLT3 Summary Data Preparations for Consolidation BSID - Index for Customers FAGLFLEXT New General Ledger Totals BSAD - Index for Customers (ClearedItems) KNC1 Customer master(transaction figures) BSIK - Index for Vendors LFC1 Vendor master(transaction figures) BSAK -Index for Vendors(ClearedItems) KNC3 Customer master(special G/L transaction BSIM -Index,Documents for Material LFC3 Vendor master(specialG/L transaction FAGLBSIS - Index for G/L Accounts-NewG/L COSS Cost Totals for Internl Postings FAGLBSAS - Index for G/L COSP Cost Totals for Externa lPostings
  • 5. 5© Infogility 2014, www.infogility.org Logic Document All Information is based on Infogility’s Opinion Current Financials Pre-Defined Aggregates FI Document Totals & Indices Financial Accounting CO Document Totals & Indices Financial Accounting Simplel Financials FI / CO Logical Document - Link FI / CO Data Totals & Indices Financial Accounting Totals & Indices Financial Accounting Analytic Analytic HANA HANA views on the fly from Source − Data Redundancy − Reconciliation Effort − Minor Flexibility + The processing and analysis is based on line items rather than pre-configured totals. + Reduced Reconciliation + Higher Flexibility + Reduced Data Volume
  • 6. 6© Infogility 2014, www.infogility.org Embedded Analytics • Using HANA as underlined database – Data extracted via VDM within HANA • Calculation logic is in HANA providing better performance • BW and BOBJ technology consumes the data from within HANA • New UI provides flexible frontend • Building report on the fly • The SAP Simple Finance add-on for SAP Business Suite powered by SAP HANA is embedded into SAP ( From enhancement package 7 for SAP ERP 6.0 installation is tightly integrated with SAP ERP applications) All Information is based on Infogility’s Opinion
  • 7. 7© Infogility 2014, www.infogility.org New user interface utilizing SAP Fiori apps • Common platform - Reduces the reliance on Data Warehouse systems for reporting and analysis • Most common Finance SAP transactions and reports making use of SAPUI5 via SAP Fiori apps. • The look and feel is totally different - • Cockpit/Dashboard environment - http://experience.sap.com/fiori/ All Information is based on Infogility’s Opinion
  • 8. 8© Infogility 2014, www.infogility.org Speed up the month-end processes • All of the data is held in a common structure & logical document in HANA • Simplified reconciliation due to integration with CO • Account based COPA include COGS cost component split • COPA and Finance postings done at the same time • Reporting real-time directly from source data • Consolidations could be run on the original accounting data. • Data replication (BI etc) would become obsolete, some consolidation functionality can be run on the fly in reporting. All Information is based on Infogility’s Opinion
  • 9. 9© Infogility 2014, www.infogility.org Integrated planning All Information is based on Infogility’s Opinion • Common Architecture Across BPC, BW, HANA and ERP • Common Excel and WEB UI front end integrated back to ERP • All planning is in a single integrate planning application BPC BW-IP ERP EXCEL Old Process Common Excel and Web UI BPC NW 10.1 ERP HANA – Planning Engine New Process
  • 10. 10© Infogility 2014, www.infogility.org Migration to Simple Finance All Information is based on Infogility’s Opinion Classic G/L in ERP New G/L in ERP G/L in SAP Accounting Start Target Migration scenarios* at fiscal year end  Ledger merge (for P&L) Planned functionality  Real-time integration CO-FI  Parallel ledgers  Document split  Ledger merge (for B/S) Migration scenarios at fiscal year end Available Upgrade to the SAP Simple Finance add- on Transition at Period end G/L in SAP Accounting 26Customer Planned functionality  Logical Document  Line-item detail  Faster processes  Ledger merge (for P&L)  Real-time integration CO-FI  Parallel ledgers  Document split  Ledger merge (for B/S) Ramp-Up Knowledge Transfer  Logical Document  Line-item detail  Faster processes  Ledger merge (for P&L)  Real-time integration CO-FI *) a service offered by AGS SLO © 2014 SAP SE or an SAP affiliate company. All rights reserved. Upgrade to the SAP Simple Finance add- on Transition at Period end
  • 11. 11© Infogility 2014, www.infogility.org RESOUCES All Information is based on Infogility’s Opinion • WWW.SAP.COM • http://experience.sap.com/fiori/ • http://sapexperts.wispubs.com/Financials • http://www.sap.com/solution/lob/finance/software/cloud- erp-finance-management/index.html