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www.truqua.com December 2021 Whitepaper SAP Central Finance: Key Design Decisions for Reporting Deployments MATTHEWMONTES, SAP Financials Managing Consultant H OWARDA. LAKIER, Finance Transformation Go To Market Leader G ILBERTOPEREZ, SAP Financials Senior Managing Consultant © 2021 IBM Key Design Decisions for SAP Central Finance Reporting Configuration Considerations •Currency Design •Ledger Design •Tax Harmonization Additional Information •Resources •Next Steps •About the Authors www.truqua.com Master Data Considerations •Chart of Accounts •Business Partner Harmonization •Cost Center and Profit Center Design SAP Central Finance: Key Design Decisions for Reporting Deployments © 2021 IBM SAP Central Finance for Non-Disruptive Business Transformation SAP Central Finance for Non-Disruptive Business Transformation www.truqua.com SAPCentralFinancestandsoutasabestfit,non-disruptiveapproachtobusiness transformationenabledbySAP S/4HANA.SAPCentralFinanceallowsaCFOto deployvaluedriventransformationinphaseswhileleavingexistingERPsinplace. ClientshavesuccessfullydeployedSAPCentralFinancewithnumerous usecases, includingthese typicaladoptionoptions:
CentralReporting tosupportnewfinancialreportingmodelsandasingle source oftruthfor financialdata
CentralTransactionProcessingandShared Services tosupportnewwaysof operatingandincreasedoperatingefficiencies
Asastepping stone toafullscopeERPtosupportfullblown business transformation. InanSAPCentralFinanceengagement,theinitialphaseestablishesthefinance foundation,oftenstartingby deployingCentralReportingcapabilities. SAP Central Finance: Key Design Decisions for Reporting Deployments © 2021 IBM Key Design Decisions for SAP Central Finance Reporting www.truqua.com CentralReportingbeginswiththesetupof financialandmanagementaccountingin SAP S/4HANAtorepresentthefuturestate financialdatamodel.SAPCentralFinance thenreplicatesdatafromsourceERPsinto theUniversalJournal(tableACDOCA)that becomesthefoundation forstatutory, management,andconsolidatedreporting. See“DemystifyingSAPCentralFinancein
onSAPCentralFinance. DespitetheCentralReportingphaseonly focusingongoinglivewithfinancial reporting,itshouldnotprecludeKey Design Decisions beingmadefor future phasebusinessprocessesandcapabilities. Asmentionedin“HowtoUseSAPCentral FinanceasaStepping StonetoSAP S/4HANA,”theSAPCentralFinancesystem cannotbe builtinavacuum.Let’sbriefly elaborateonconfigurationandmasterdata KeyDesign Decisions. Thiswhitepaper willdiveintosomeof theseKeyDesign Decisionsandexplore whytheymayimpactnearandlong-term businessprocessesandcapabilitiesinand effortforSAPCentralFinance. SAP Central Finance: Key Design Decisions for Reporting Deployments
