Enterprise Resource Planning Blogs by Members
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Former Member

Preparation Phase

  • Customize New GL (transition from classic to new GL, if required)
  • Customize and activate new Asset Accounting
  • Perform period-end closing activities in asset accounting
  • Run reconciliation reports to ensure consistent data
  • Execute and save financial reports to allow comparison of financial KPI’s after migration
  • Assess custom fields that exist in any organization’s existing SAP system
  • Collect master data from the customer relating to GL, AA, PC, CC, and IO
  • Conduct a workshop to understand the functionality, transactions, and KPIs that the customer would like to accomplish in the migration to SAP S/4HANA Finance

Installation Phase

  • Backup totals and index tables which will be made obsolete after SAP S/4HANA Finance migration
  • Rename index and total tables into x BCK
  • Delete original index and total tables and generate views instead
  • Import and activate new programs
  • Install all hardware components, web service, and servers
  • Install all technical patches as recommended by SAP
  • Deploy SAP HANA content

Customizing Phase

  • Update ledger configuration
  • Verify accounting principles
  • Check valuation areas
  • Update chart of depreciation
  • Update operating concern
  • Activate account-based Profitability Analysis

Data Migration Phase

  • Migrate New G/L data including cost elements
  • Regenerate compatibility views
  • Regenerate CO-PA operating concern
  • Migrate organization’s line items and balances using the migration framework
  • Consistency checks on data
  • Perform Smart Financials migration: Fill delta-tables, fill table for AP/AR balances carried forward, perform initial balance carry forward, link line items between CO & FI

Post-Migration Phase

  • Create cold store for old index tables
  • Update/import FI-AA customizing
  • Fill the offsetting account in FI documents
  • Run reconciliation reports to check data consistency
  • Execute financial reports and compare financial KPI’s with migrated data and KPI’s from the preparation phase
  • Perform process tests to ensure successful migration

Testing Phase

  • Universal Journal entry posting
  • Controlling and Profitability Analysis
  • Customer/vendor invoices with payment clearing
  • Acquisition and disposal of assets with depreciation run
  • Financial closing activities – Smart Financials and analytical reporting
  • SAP Fiori Apps—transactional, analytical and KPIs
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