SAP Central Finance – What you need to know?

[nitin_gupta10]

Concept

Central finance is one of the deployment option of SAP S/4HANA where the present ERP system(s) with SAP or Non SAP category will be connected to the SAP S/4HANA system and the document replication will happen in real time. It supports several replication models. Please refer to another blog for more details.



(source – SAP.com)

Limitations

• Asset Accounting document replication is not supported


• Postings to CO-FI reconciliation ledger (GL Reconciliation Postings)


• Year-end closing postings where the reference transaction (AWTYP) is GLYEC


• Clearings are not transferred as part of the initial load, but you can activate the transfer of clearings via ongoing replication.


• Clearing resets are not transferred as part of the initial load but you can activate the transfer of clearing resets via ongoing replication.


• Recurring entries & Sample documents


• Noted items (apart from down payment requests and payment requests)


• Parked documents & Balance carry forward items

License

• SAP Central Finance


• SAP System Landscape Transformation


• SAP MDG licence is optional to use. If full-fledged Master Data governance is needed then implement MDG else CFIN can be implemented without MDG

Benefits

• Real time replication


• Simplified reporting


• Single source for consolidation


• Non-Disruptive migration to S/4HANA


• Implementation of Central Processes like – Central Payments, In house Cash for working Capital, Central Receivables

When not to use CFIN?

• CFIN is not a good choice when the organization have only one ERP system


• If that’s non SAP that can be converted to SAP S/4HANA as greenfield implementation and if that’s SAP ECC that can be migrated to SAP S/4HANA


• CFIN is useful and worth investing if the landscape have more than 1 ERP and business model is inclined towards M&A where more ERPs can join the game in future

Key SAP Notes

• 2184567 – Central Finance FAQ


• 2323494 – Overview of notes relevant for source system


• 2196783 – Central Finance: Error handling with AIF


• 2202650 – Central Finance: Error Handling for Replication of FI Documents


• 2202691 – Central Finance: Error Handling in AIF for Replication of CO documents and Cost Objects


• 2154420: SAP LT Replication Server for SAP Central Finance


• 1353125, 1497092, 1670486, 2078335  -Replication of Accounting documents with more than 999-line items

Roadmap



(source SAP.com. For updated roadmap follow SAP.com)

Model Company

The SAP Model Company for Central Finance allows to ‘quick start’ the Central Finance project and enables a sound foundational design. It helps to reduce costs, decrease risks and provide guidance for the right decisions. What’s included?

• Ready-to-run accelerators including project management, functional and technical / configuration guides


• Enablement session, vision & scoping workshop


• MC Delta for rapid data profiling


• Covering S4HANA, Central Finance, SLT – System Landscape Transformation, MDG – Master Data Governance, PO – Process Orchestration, FIORI


• Discovery Landscape available on-demand

Read here for more details on Model company

Hope this gives fair understanding of CFIN.

Note - Images are taken from Internet or SAP.com