If you run management accounting in SAP S/4HANA, this is the user guide you need! Start with the Universal Journal basics, and then set up your organizational structures and master data. Walk through your routine transactions, from performing overhead cost controlling to settling manufacturing costs and beyond. Work with new features such as universal parallel accounting, and perform margin analysis for sales, customer projects, and services. With details on intercompany scenarios, reporting, and more, this is your all-in-one controlling resource!

In this book, you'll learn about:

a. CO Fundamentals
Discover merged financial and management accounting in SAP S/4HANA with the Universal Journal. Get to know relevant organizational structures and set up key master data, from cost elements to activity types to market segments.

b. Tasks and Transactions
Master the core controlling activities you need for your workday. Follow click-by-click instructions to calculate overhead, perform costing runs, analyze profitability, and more. Use both the classic SAP GUI user interface and key SAP Fiori apps for your business transactions.

New and Improved CO
Get up to speed with modern management accounting. See how universal parallel accounting impacts controlling tasks. Learn about new management reporting insights and features like event-based revenue recognition and advanced service execution.

Highlights include:

1. Organizational structure
2. Master data
3. Universal parallel accounting
4. Overhead costs
5. Manufacturing costs
6. Margin analysis
7. Event-based revenue recognition
8. Customer projects
9. Service management
10. Investment controlling
11. Intercompany scenarios
12. Reporting

c. New and Improved CO
Get up to speed with modern management accounting. See how universal parallel accounting impacts tasks such as cost assignment, activity allocation, and settlement. Enhance your margin analysis with event-based revenue recognition and advanced execution.

[Second edition, updated and revised]

Autorentext
Stefan Walz is chief business process achitect for SAP S/4HANA financials at SAP. He has more than 30 years of SAP financials experience through his work in consulting and financials development. He is co-inventor of the Universal Journal-based management accounting and event-based revenue recognition. Today, Stefan is responsible for the process integration of customer projects, service management, and sales into SAP S/4HANA financial accounting.

Inhalt
**... Preface ... 15**

... Target Audience ... 16

... Objective of This Book ... 16

... How to Read This Book ... 17

... Acknowledgments ... 21

1 ... Introduction to SAP S/4HANA ... 23

1.1 ... Deployment Models in SAP S/4HANA ... 23

1.2 ... Universal Journal Innovations ... 27

1.3 ... The New User Interface ... 39

1.4 ... Summary ... 45

2 ... Controlling in SAP S/4HANA ... 47

2.1 ... The Merge of Financial and Management Accounting ... 48

2.2 ... Financial Planning ... 62

2.3 ... Predictive Accounting ... 66

2.4 ... Management Accounting and Margin Analysis ... 70

2.5 ... Reporting and Analytics ... 96

2.6 ... Summary ... 100

3 ... Organizational Structures ... 101

3.1 ... Organizational Structures in Finance ... 101

3.2 ... Organizational Units of Logistics and Assignment to Accounting ... 116

3.3 ... Financial Reporting Structures ... 121

3.4 ... Summary ... 129

4 ... Master Data ... 131

4.1 ... General Ledger Accounts and Cost Elements ... 133

4.2 ... Cost Centers ... 145

4.3 ... Activity Types ... 150

4.4 ... Statistical Key Figures ... 156

4.5 ... Internal Orders and Projects ... 159

4.6 ... Profitability Object in Margin Analysis ... 166

4.7 ... Summary ... 180

5 ... Overhead Controlling ... 181

5.1 ... Cost Stewardship and the Role of the Cost Center/Project Manager ... 182

5.2 ... Postings for Cost Accounting in the Universal Journal ... 185

5.3 ... Planning in SAP S/4HANA ... 194

5.4 ... Business Transactions ... 203

5.5 ... Reporting for Overhead Controlling ... 239

5.6 ... Summary ... 241

6 ... Controlling for Manufacturing Organizations ... 243

6.1 ... Master Data Used in Manufacturing ... 244

6.2 ... Cost Estimates ... 260

6.3 ... Procure-to-Invoice ... 281

6.4 ... Make-to-Stock with Order Costing ... 286

6.5 ... Make-to-Stock Using Product Cost Collectors ... 321

6.6 ... Make-to-Order Process ... 328

6.7 ... Maintaining and Operating Assets ... 335

6.8 ... Summary ... 339

7 ... Margin Analysis ... 341

7.1 ... Guiding Principles and Overview ... 342

7.2 ... Sales Scenarios ... 348

7.3 ... Event-Based Revenue Recognition ... 400

7.4 ... Summary ... 417

8 ... Margin Analysis for Customer Projects ... 419

8.1 ... Professional Service Scenario ... 420

8.2 ... Project-Based Sales Scenario ... 451

8.3 ... Project Settlement to Market Segment Scenario ... 472

8.4 ... Summary ... 483

9 ... Margin Analysis for Service Management ... 485

9.1 ... New Architecture for Service Management ... 486

9.2 ... Guiding Principles and Financial Value Flow ... 491

9.3 ... Service Order Business Transactions ... 492

9.4 ... Service Contract ... 512

9.5 ... New Reporting Insights for Service Management ... 515

9.6 ... Advanced Execution Service Orders ... 518

9.7 ... Summary ... 546

10 ... Investment Controlling ... 547

10.1 ... Investment Programs and Assigned Projects and Orders ... 548

10.2 ... Planning and Budgeting ... 551

10.3 ... Settlement and Reporting ... 561

10.4 ... Summary ... 571

11 ... Controlling in an Intercompany Environment ... 573

11.1 ... Intercompany Sales and Stock Transfers ... 574

11.2 ... Intercompany Cost Allocation Postings ... 592

11.3 ... Group and Profit Center Valuation with Universal Parallel Accounting ... 607

11.4 ... Summary ... 620

12 ... Reporting in SAP S/4HANA ... 623

12.1 ... SAP Fiori and the Virtual Data Model ... 624

12.2 ... Global Hierarchies ... 628

12.3 ... Flexible Hierarchies ... 636

12.4 ... Semantic Tags ... 641

12.5 ... Key Figure Reporting ... 645

12.6 ... Compatibility Views: Report Writer ... 647

12.7 ... Summary ... 649

13 ... Conclusion and Outlook ... 651

A ... Key Controlling Transactions ... 665

B ... Key SAP Fiori Applications for Controlling ... 671

C ... The Authors ... 675

... Index ... 677