With the power of flexible hierarchies for cost centres and profit centres, real-time analysis becomes more powerful as well. Hence you can now use standard SAP Fiori apps for spend management for OpEx purposes across the enterprise. We assume all systems that generate OpEx are connected to Central Finance in SAP. As a result, non-SAP line items must contain a separate attribute per cost object. You must make the mapping for non-SAP systems according to the naming conventions found in SAP S/4 HANA. This is because the destination is an SAP S/4HANA system. SAP Central Finance supports the mapping of the standard SAP cost objects during the replication process.

This is because the replication process not only captures the debit and credits (that may occur in this process) but also captures the mapping needed for standardized reporting. These events are system-agnostic for SAP Central Finance. You may manage these costs in SAP and non-SAP systems across different nomenclatures for objects that capture costs.įor example, cost centers show the main points of capture for such costs as either goods receipts or manual invoices. It is part of responsible management accounting in any organization. Operational Expenses (OpEx) – Controlling Let us learn the limitations of SAP Central Finance one by one in these above-mentioned segments of Management Accounting.

CO-PA – Managing profitability for business units based on a range of attributes using Profitability Analysis.

Asset Accounting – Managing costs for investment-related activity (Capital Expenditure).Controlling – Managing costs for overhead (Operating Expenses).You can categorize Management accounting for:.

One of these relevant processes is the Controlling Process. While Central Finance is a part of SAP S/4 HANA, we should direct some attention to understanding the relevant finance processes.

Sap central procurement