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SAP S4HANA 2023 Finance Module Enhancements Summary

The document summarizes new enhancements in the SAP S/4HANA 2023 Finance module, including: 1) General enhancements such as removing smartphone apps and streamlining data modeling. 2) Updates to financial planning apps, overhead cost controlling, and profitability analysis flexibility. 3) Significant general ledger accounting updates and new asset accounting reporting capabilities. 4) Expanded payment management, cash management improvements, and receivables processing efficiencies.

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445 views

SAP S4HANA 2023 Finance Module Enhancements Summary

The document summarizes new enhancements in the SAP S/4HANA 2023 Finance module, including: 1) General enhancements such as removing smartphone apps and streamlining data modeling. 2) Updates to financial planning apps, overhead cost controlling, and profitability analysis flexibility. 3) Significant general ledger accounting updates and new asset accounting reporting capabilities. 4) Expanded payment management, cash management improvements, and receivables processing efficiencies.

Uploaded by

camef84672
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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SAP S/4HANA 2023 Finance Module Enhancements

Summary for Rubix Consulting Teams

General Enhancements
- Removal of "Smartphone" device type in specific SAP Fiori Apps for Finance.
- Decommissioning of the ProfitabilitySegment in CDS views for Finance, reflecting a shift
towards more comprehensive and streamlined data modeling.

Financial Planning and Analysis


- Enhancements in Overhead Cost Controlling and Product Cost Controlling, introducing new
apps for the management of material price change documents, among other updates.

- Profitability Analysis sees process extensibility improvements for market segments, enhancing
flexibility and depth in financial analysis.

Accounting and Financial Close


- Significant updates in General Ledger Accounting, including new apps for verifying general
journal entries and managing accounting notifications.

- Asset Accounting introduces a new field in the Depreciation Lists app to enhance reporting
capabilities.

- Revenue Accounting and Reporting receive updates, including new functionalities for
managing revenue contracts.

Treasury Management
- Payment and Bank Communications are expanded with Advanced Payment Management,
including a new app for managing in-house bank fees.

- Cash and Liquidity Management enhancements aim at improving operational efficiency and
visibility into financial operations.

Financial Operations
- Invoice Management sees updates in the Extended Data Medium Exchange Engine (DMEEX)
and improvements in monitoring payment documents.

© 2024 Rubix Consulting. Tous droits réservés.


- Receivables Management introduces new CDS views and enhancements in bank statement
processing for more efficient receivables handling.

Settlement Management
- Enhancements in managing condition contracts and settlement documents, including
improved workflows and e-mail output functionalities for settlement documents.

Billing and Revenue Innovation Management


- Convergent Invoicing and Contract Accounting receive key updates aimed at increasing
efficiency in billing processes and integration with SAP digital payments.

Governance, Risk, and Compliance for Finance


- International Trade features enhancements, including new apps for the Schedule Transfer of
Product Attributes - Global Trade Service and updates in Intrastat declarations.

© 2024 Rubix Consulting. Tous droits réservés.

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