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Localization in SAP S/4HANA Cloud, Public Edition 2308

KatrinDeissner
Product and Topic Expert
Product and Topic Expert
‎2023 Aug 08 8:30 PM
7,711

This blog covers the following topics:

New Local Versions

Localization as a Self-Service

New Features for SAP-Delivered Local Versions

Localization

New Local Versions

Local versions help you meet local requirements by taking into account diverse legal frameworks, and different languages, and by complying with a wide range of local financial reporting standards, tax calculations and laws. With the new release, we add three new SAP-delivered local versions in 2308 for Israel, Peru, Serbia, and Ukraine.

Value Proposition ​

    • Steer business operations globally using SAP-delivered localizations.​
    • Address increasing number of legal changes and compliance requirements on time.​
    • Leverage standard processes and automation to address regulatory requirements worldwide, such as taxes, e-invoicing, statutory reporting, and payments.

Capabilities
Approximately 200 scope items released for the new local versions and localized features

More Information

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 New Local Version for Israel

Highlights of Country-Specific Features

    • Banking functionalities such as bank account number validity check, bank reconciliation, and bank statement​
    • Handling of cost-of-living index​

 

    • Integration with the interface of tax authority to enable upload, download, and updating of supplier withholding tax data and supplier certificates​

 

    • Payment formats: Country-specific payment medium format (Masav) ​

 

    • Withholding tax reports




Fig. 1: 2308 innovations for Local Version for Israel

More Information





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New Local Version for Peru

 

Highlights of Country-Specific Features



    • Withholding tax reports for retention, detractions, and perceptions ​

 

    • Sales ledger accounting books​

 

    • Purchase ledger accounting books​

 

    • Journal ledger accounting books​

 

    • E-invoicing




Fig. 2: 2308 innovations for local version for Peru

More Information





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​

New Local Version for Serbia

 

Highlights of Country-Specific Features



    • Bank statement processing, conversion from HALCOM format to multi-cash​

 

    • ​​Payment methods and formats: HALCOM domestic and foreign​

 

    • Financial statements​

 

    • E-invoicing




Fig. 3: 2308 innovations for local version for Serbia

More Information





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​

New Local Version for Ukraine

 

Highlights of Country-Specific Features



    • Payment methods:

        • Domestic and foreign payment methods

        • Payment format and bank statements in the national currency according to the ISO 20022 standard for the National Bank of Ukraine (NBU)​


 

    • Taxation:

        • Template for VAT tax codes

        • Tax-calculation procedure

        • Generation of outgoing tax invoices (TI) and corrective tax invoices (CTI) based on the relevant documents by first event

        • One-by-one creation of outgoing TIs and CTIs in XML

        • Checklists for tax-relevant documents​


 

    • Output forms and reports:

        • Customer invoice FI and SD

        • Service acceptance act

        • Accounting statement

        • Stock overview report

        • Display account balances





Fig. 4: 2308 innovations for local version for Ukraine

More Information





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Localization as a Self-Service


Let's now focus on the extensibility side of the house and look at some cross-country innovations in the area of our Official Document Numbering (ODN) Framework which we introduced in 2302.

Official Document Numbering (ODN) Framework enables you to configure a gapless sequential document identification number, typically based on the legal requirement of your country. This solution also lets you to create a document reference ID which you can enter manually.

More Information



 



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Integration of ODN Between Customer Invoices and their Accounting Documents


So far, we only supported the generation of SD billing documents for order to cash scenarios. Now with 2308, we introduce the ODN integration of customer invoices with the corresponding accounting documents.

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Capturing of ODN in Supplier Invoices


In addition, we have a new feature that ODN is now captured in supplier invoices too. As you might know the ODN framework  primarily aims at addressing the needs of customer-local versions, but is now used also in SAP-delivered versions such as e.g. the local version for Israel, where the ODN framework is also enabled to be used for capturing supplier invoices.

More Information



 



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New Features for SAP-Delivered Local Versions

 

Highlights of Country-Specific Features

 

Value Proposition ​



    • Steer business operations globally using SAP-delivered localizations.​

 

    • Address increasing number of legal changes and compliance requirements on time.​

 

    • Leverage standard processes and automation to address regulatory requirements worldwide, such as taxes, e-invoicing, statutory reporting, and payments.​



Capabilities​



    • Localized features



Back to Top

 

Australia

Highlights of Country-Specific Features



    • Cross-Border exchange of electronic documents in convergent invoicing




Fig. 5: 2308 innovations for existing local version for Australia

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Bulgaria

 

Highlights of Country-Specific Features



    • Country-specific layout for cash flow statement




Fig. 6: 2308 innovations for existing local version for Bulgaria

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China

 

Highlights of Country-Specific Features



    • Electronic bill of exchange feature to create electronic bills of exchange payable, create electronic bills of exchange for collection, discount and endorsement, and query transaction status for electronic bills of exchange




Fig. 7: 2308 innovations for existing local version for China

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Croatia

 

Highlights of Country-Specific Features



    • G/L account line-item report for audit files




Fig. 8: 2308 innovations for existing local version for Croatia

More Information





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Greece

 

Highlights of Country-Specific Features



    • Customer ledger & trial balance​

 

    • E-book revenue and expense adjustment submissions​

 

    • General ledger reports​

 

    • Bank statement : Incoming payment files of MT940 format​

 

    • Printing program for SD invoices




Fig. 9: 2308 innovations for existing local version for Greece

More Information





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Singapore

 

Highlights of Country-Specific Features



    • Enablement of e-orders with Peppol




Fig. 10: 2308 innovations for existing local version for Singapore

More Information





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New Zealand

 

​Highlights of Country-Specific Features



    • Cross-border exchange of electronic documents in convergent invoicing




Fig. 11: 2308 innovations for existing local version for New Zealand

More Information





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South Korea

 

Highlights of Country-Specific Features



    • Enablement of convergent invoicing with e-tax invoicing​

 

    • Enablement of statutory reports with contract accounting data​

 

    • Payment format and bank statement processing in contract accounting




Fig. 12: 2308 innovations for existing local version for South Korea

More Information





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​


Watch the Replays of Our SAP S/4HANA Cloud, Public Edition 2308 Early Release Series!


This July, we hosted a series of compelling live sessions from the heart of the SAP S/4HANA Engineering organization. Missed the live sessions? Watch our replays on demand!

Here, you can find 20 replays and presentations as well as system demos for the topics listed in this blog post and many more as part of the SAP S/4HANA Cloud, public edition 2308 release. For more information on the SAP S/4HANA Cloud, Public Edition Early Release Series and how to sign up for it, check out this blog post.

Inside SAP S/4HANA Podcast




 

As always, I would like to encourage you to subscribe to our podcast “Inside SAP S/4HANA”. This podcast leverages the unique knowledge and expertise of SAP S/4HANA product experts, partners and customers to address objects of interest by sharing product insights and project best practice. There is no customer success without product success and project success; we share all ingredients with you to get to the next level and make your SAP S/4HANA project a success. Subscribe now and benefit from the shared knowledge.

openSAP microlearnings for SAP S/4HANA


Our openSAP microlearnings for SAP S/4HANA offer an exciting new learning opportunity. What began with a small batch of 20 videos, has now become a channel with more than 50 microlearnings that have generated over 20,000 views since then. Today we cover multiple lines of business such as finance, manufacturing, and supply chain, and key technology topics like Master Data Management, extensibility, SAP User Experience, and upgrade management. We are continuously adding new microlearnings to the SAP S/4HANA channel, so make sure you check them out.

Your Voice Matters!


If you want to learn more and actively engage with SAP subject matter experts on SAP S/4HANA Cloud, public edition, join our SAP S/4HANA Cloud, public edition community–now fully integrated with SAP Community. The community brings together customers, partners, and SAP experts and has a clear mission: deliver an interactive community to engage with one another about best practices and product solutions. We invite you to explore the SAP S/4HANA Cloud, public edition community ‘one-stop shop’ as the central place for all resources, tools, content questions, answers and connect with experts to guide you through your journey to SAP S/4HANA Cloud, public edition.

Other SAP S/4HANA Cloud and SAP S/4HANA Enablement Assets


SAP S/4HANA is the foundation of the intelligent enterprise and is an innovative, robust, and scalable ERP. We at Cloud ERP Product Success and Cloud Co-Innovation offer a service as versatile as our product itself. Check out the numerous offerings our Enablement team has created for you below:


More Information on SAP S/4HANA Cloud, Public Edition:



    • Link Collection – Technology Topics with SAP S/4HANA Cloud here

    • SAP S/4HANA Cloud, public edition release info here

    • Latest SAP S/4HANA Cloud, public edition release blog posts here and previous release highlights here


    • SAP S/4HANA PSCC Digital Enablement Wheel here

    • SAP S/4HANA Cloud, Public Edition Early Release Series here

    • SAP S/4HANA Cloud for User Experience and Cross Topics, Public Edition Continuous Influence Session here

    • Inside SAP S/4HANA Podcast here

    • openSAP microlearnings for SAP S/4HANA here

    • Best practices for SAP S/4HANA Cloud, public edition here

    • SAP S/4HANA Cloud, public edition community: here

    • Feature Scope Description here


    • Help Portal Product Page here


 

Feel free to ask your questions on SAP Community here. Follow the SAP S/4HANA Cloud tag and the PSCC_Enablement tag to stay up to date with the latest blog posts.


Follow us via @Sisn and #S4HANA, or myself via LinkedIn or @DeissnerKatrin

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