Main menu
Member section cover

BLOG

ERPCorp SAP FICO Blog

SAP Simple Finance 1503 - FAQ's

On Thursday, June 11, 2015 members of the SAP Controlling Community gathered for a webinar presented by Janet Salmon on the latest changes to accounting and controlling in SAP Simple Finance 1503. The webinar was a a sneak peek of Janet's Controlling 2015 plenary session. The webinar Explored how changes in SAP Simple Finance will affect SAP Controlling including how accounts and cost elements will merge, what you can expect to see in Reporting and Planning, and how account-based CO-PA has been enhanced to provide better Profitability Reporting. Keep reading for a list of frequently asked questions that came up during the course of the webinar on SAP Simple Finance 1503.

2021 | Controlling Conference
Register for only $999 Over 50% Off

Do you still have the number of characteristics limitation to 50 in COPA? 
Some of the interfaces in CO-PA still check that you are not sending more than 50 characteristics, so SAP still recommends that you limit your operating concern to 50 characteristics. Nevertheless since each of the characteristics becomes a field in the universal journal when you come to build reports you can use attribute views to determine additional fields for example,  the material.
Do we need to have the HANA Live installed for these reports?
Your classic reports (Report Writer, Drill-Down, ABAP List Viewer) will run as before using compatibility views to select the relevant data from the universal journal. For the modern reports such as the multi-dimensional trial balance, line item browser or income statement are using a combination of HANA views and operational data providers or virtual infoproviders to feed the queries.
Can you explain a little more how secondary cost element are merged with GL? How are the GL accounts segregated for activity types, OH, etc.?
During migration a G/L account will be created automatically for every secondary cost element and fields such as cost element category transferred from the cost element. The segregation of the secondary cost elements takes place via the cost element category (assessment, settlement, activity allocation, overhead calculation, etc).
Is universal journal updated after document splitting ?
The BSEG entries for payables and receivables won’t be split, but the split will happen in the universal journal (ACDOCA) based on the splitting rules.
Is it also unified, in addition to, universal, journal and who is the D000002 user?
User D000002 is Hasso Plattner, one of the founders of SAP and still an active blogger. As to unified vs universal, we started the project talking about the need to unify our structures, but ended up with a universal journal.
Is costing based COPA document different from new Universal document?
Yes the costing-based CO-PA document will be as before a combination of CE1XXXX for the transactions and CE4XXXX for the characteristics. In the universal journal you will have fields for each characteristic in CE4XXXX and a link to CE4XXXX via the PAOBJNR for reasons of backwards compatibility.
In Column table view is SAP BW SID concept moving to ERP ?
SAP BW SIDs are for the master data.
Here’s a nice tutorial about row vs column store
http://saphanatutorial.com/column-data-storage-and-row-data-storage-sap-hana/
In simple finance , can I have a new field based on business need which can link with logistics? For example, a team field which will drive from sales Oder which will flow to GL posting? 
You can add a field to the universal journal easily but you will have to create a derivation logic of some kind to fill it and as with any derivation the more complex you make the logic to fill it, the more you’ll impact performance during posting.
Basically if we can expand the profit center structure by using the new field can I do Kp26 cost center activity type with functional area planning as well?

You can’t do this using transaction KP26 since this hasn’t been enabled to derive the functional area. IF you want to fill all the dimensions during planning, then investigate Integrated Business Planning for Finance.

 

Watch a recording of Get up to speed on the latest changes to accounting and controlling in SAP Simple Finance 1503.

 

 

 

 

 

 

 

 

 

Download the slides: CON2015_Salmon_Simple_Finance_Webinar.pdf

Janet Salmon is the Chief Product Owner for Management Accounting at SAP AG. Janet is known to many SAP Financials professionals for her writings on Controlling and related subjects in SAP Financials Expert. She is the author of Controlling with SAP – Practical Guide, Accelerated Financial Closing with SAP, and SAP HANA for ERP Financials 2nd Edition. Janet has overseen many SAP Controlling functionality product developments both as a Product and Solution Manager. Most recently she spearheaded changes to the user interfaces within Controlling and data transfer from Controlling to SAP HANA. Learn more about Janet's sessions at Controlling 2015.

 

 

2021 | Controlling Conference
Register for only $999 Over 50% Off
Closing the Wide Gap Between Accounting and the Ma...
Video Blog: How Woodward implemented SAP BPC 10.0

Related Posts

 

Comments 61

Guest - Yakfur Innaaa on Tuesday, 16 May 2017 01:01

I wish them well and would recommend Wizcore to anyone who has dreamt of getting into SAP career and looking for THAT stepping stone. Wizcore is a leading SAP training provider in London and highest certification pass rate with many students getting 100% marks. They are the pioneers in starting SAP internships in UK.
When it comes to SAP Training Wizcore offer the complete package – Experienced tutors offer a wealth of knowledge transferred to trainees in a digestible format covering the theory and configuration Experienced Project

I wish them well and would recommend Wizcore to anyone who has dreamt of getting into SAP career and looking for THAT stepping stone. [url=http://www.wizcore.co.uk/]Wizcore[/url] is a leading SAP training provider in London and highest certification pass rate with many students getting 100% marks. They are the pioneers in starting SAP internships in UK. When it comes to SAP Training Wizcore offer the complete package – Experienced tutors offer a wealth of knowledge transferred to trainees in a digestible format covering the theory and configuration Experienced Project
Guest - SAP FICO Online training on Monday, 12 June 2017 12:45

SAP FICO ONLINE TRAINING

SAP FICO is one of the good course for freshers.

SAP FICO ONLINE TRAINING SAP FICO is one of the good course for freshers.
Guest - sampath on Tuesday, 01 August 2017 17:21


Good post! Thanks for sharing this Information.The information you Provided is much useful on. sap s4 hana training videos

Good post! Thanks for sharing this Information.The information you Provided is much useful on. sap s4 hana training videos
Guest - sampath on Tuesday, 01 August 2017 17:27



Thanks for sharing this informative blog..Your blog is really useful for me. sap s4 hana training videos

Thanks for sharing this informative blog..Your blog is really useful for me. sap s4 hana training videos
Guest - sampath on Wednesday, 16 August 2017 15:43


Thank you for giving this best information. It’s a very nice topic. sap s4 hana training videos


Thank you for giving this best information. It’s a very nice topic. sap s4 hana training videos
Guest - resma biswal on Saturday, 18 November 2017 12:34

nice ,Very useful .Thank you for sharing  sap s4 simple finance online access

nice ,Very useful .Thank you for sharing  sap s4 simple finance online access
Guest - nonton movie on Thursday, 07 December 2017 18:17

Hiya, I’m really glad I have found this info. Nowadays bloggers publish only about gossip and web stuff and this is actually frustrating. A good site with interesting content, this is what I need. Thanks for making this site, and I will be visiting again. Do you do newsletters by email?
togel online
dewa poker
raja poker
prediksi togel sgp hari ini

Hiya, I’m really glad I have found this info. Nowadays bloggers publish only about gossip and web stuff and this is actually frustrating. A good site with interesting content, this is what I need. Thanks for making this site, and I will be visiting again. Do you do newsletters by email? [url="http://www.togelpelangi.com/"]togel online[/url] [url="http://www.sinidomino.com/"]dewa poker[/url] [url="http://www.gadispoker.com/"]raja poker[/url] [url="https://www.prediksipelangi.com/category/prediksi-singapore/"]prediksi togel sgp hari ini[/url]
Guest - resma on Monday, 22 January 2018 05:20


It's so nice article thank you for sharing a valuable content
Sap Online Access

It's so nice article thank you for sharing a valuable content Sap Online Access
Guest - resma biswal on Tuesday, 23 January 2018 07:18



It's so nice article thank you for sharing a valuable content
Sap Online Access

It's so nice article thank you for sharing a valuable content Sap Online Access
Guest - resma biswal on Monday, 29 January 2018 10:14


Thank you for giving this best information. It’s a very nice topic
SAP HANA Remote Online Access

Thank you for giving this best information. It’s a very nice topic SAP HANA Remote Online Access
Guest - resma on Tuesday, 30 January 2018 07:26


It was so nice article.I was really satisified by seeing this article
SAP Simple Finance Online Access

It was so nice article.I was really satisified by seeing this article SAP Simple Finance Online Access
Guest - sriram on Tuesday, 06 March 2018 05:28

hii

Guest - resu biswal on Thursday, 15 March 2018 09:52


It's so nice article thank you for sharing a valuable content
Sap Online Access

It's so nice article thank you for sharing a valuable content Sap Online Access
Guest - resu biswal on Thursday, 15 March 2018 09:57


It was so nice article.I was really satisified by seeing this article
SAP Simple Finance Online Access

It was so nice article.I was really satisified by seeing this article SAP Simple Finance Online Access
Guest - resu biswal on Thursday, 15 March 2018 10:23


Thank you for giving this best information. It’s a very nice topic
SAP HANA Remote Online Access

Thank you for giving this best information. It’s a very nice topic SAP HANA Remote Online Access
Guest - austere on Thursday, 19 April 2018 10:02

Very good informative article. Thanks for sharing such nice article, keep on updating such good articles. Austere Technologies

Very good informative article. Thanks for sharing such nice article, keep on updating such good articles. [url=http://austeretech.com/]Austere Technologies[/url]
Guest - avi on Saturday, 21 April 2018 10:07

Very good informative article. Thanks for sharing such nice article, keep on updating such good articles.
Best Cloud Solutions

Very good informative article. Thanks for sharing such nice article, keep on updating such good articles. [url=http://austeretech.com/cloud-solutions/]Best Cloud Solutions[/url]
Guest - sam on Saturday, 21 April 2018 10:09

Wow!! What a interesting blog.. Really awesome to read and so informative blog.. Keep ongoing such a great blog..Internet Of Things

Wow!! What a interesting blog.. Really awesome to read and so informative blog.. Keep ongoing such a great blog..Internet Of Things
Guest - sam on Tuesday, 24 April 2018 10:06

Very good informative article. Thanks for sharing such nice article, keep on updating such good articles. Quality Managment Services

Very good informative article. Thanks for sharing such nice article, keep on updating such good articles. [url=http://austeretech.com/application-quality-management/]Quality Managment Services[/url]
Guest - sam on Wednesday, 25 April 2018 06:24




Mobility
Very nice information and explanation about cloud computing. Thanks for sharing. keep on updating such a nice information.
wow...nice blog, very help full information. Thanks for sharing.

Mobility Very nice information and explanation about cloud computing. Thanks for sharing. keep on updating such a nice information. wow...nice blog, very help full information. Thanks for sharing.
2021 | Controlling Conference
Register for only $999 Over 50% Off
Already Registered? Login Here
Guest
Friday, 07 May 2021
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

By accepting you will be accessing a service provided by a third-party external to https://erp-corp.com/