SAP SIMPLE FINANCE - Learning Made Easy

SAP SIMPLE FINANCE, on-premise edition 

Powered by HANA Database

A Common Database Approach for Online Transaction Processing   (OLTP) and Online Analytical Processing (OLAP) using an   In- Memory Column Database

Key Highlights 

l Eliminate Unnecessary complexity and latency

l Less Hardware to Manage

l Accelerate through Innovation, simplification+in memory 

Simple Finance: Database Footprint Reduction (Both on Premise and Cloud editions)

SAP SIMPLE FINANCE ARCHITECTURE

SAP SIMPLE FINANCE  Architecture : Universal Journal – Key Points

• single source of truth
• Redundant tables removed
• Non – Disruptive
• Multiple Views – Single source

Architecture: Universal Journal

• The new journal entry consists of a header (table BKPF) and the respective items (Table ACDOCA)

-There are rare cases where entries in ACDOCA in written without a Document header

(Eg: Carry forward, corrections in Migration)

-The Corresponding line Items have (‘artificial document numbers’ beginning with letters)

• Table ACDOCA Contents all fields needed for G/L, CO, AA, ML, PA
• Multi-GAAP Capability through “RLDNR” Dimensions
• 6 digit field for line item numbering
• 23 digits for currency fields

Join simple finance training  and see what are the changes have been taken place with introducing of Simple Finance:  Some tables have been removed live index table, total tables etc has been removed, now all these point to the Universal journal table, in short called as ACDOCA. This universal journals single table consist of all the GL, AA, CO and ML details. Profit centre accounting, special purpose ledger consolidation remains the same just like before. And cost based COPA will work as before.  Appendix ledger, in some versions it is called as extension ledger depending upon which simple finance versions you are using. It is the new concept introduced with SFIN version 2.0. so this appendix ledger sits on the top of the base ledger or the leading ledger, usually the leading ledger is 0L. So when you create an appendix ledger you can tag it as the standard ledger or the extension ledger so that you can link to the base leading ledger.

Functionality and benefits of Simple Finance:

• It is called as single source of truth: which means we will be having one data entry table which is called as universal journal entry table, which contain all the GL, CO, ML, Asset accounting all the information will be stored in one single table.
• It has got real time process using SAP HANA
• It has got no data footprint, which means it has got no totals table and no secondary indices which mean reduction of data.
• As you will get real time result it is more profitable to the organization.
• Faster reporting which makes it easy to plan and analyse the data.
• The instant insight, which gives an real time information and makes it faster and simple which of course leads in improving organization productivity.

For More Details Contact :

P DAS, SAP CONSULTANT

MOBILE : 091 91639 47650
EMAIL : prithwis.pintu@gmail.com
SKYPE :  PIN2DAS (KOLKATA)




+ 91 9830317009