Smart Financials

Release Notes
for
Smart Financials 1.0
SAP
What's New? Release Notes
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SAP
Smart Financials (New) .................................................................................... 4

Migration from SAP ERP to Smart Financials package 1.0 (new) ................... 6
Financial Accounting (FI) ................................................................................. 7
New General Ledger Accounting in Smart Financials (New) .................................. 7
Functions for Accounts Receivable and Accounts Payable (Changed) .................. 9
New Asset Accounting: Ledger Approach and Accounts Approach (New) ........... 11
New Asset Accounting: Migration and Customizing (New) .............................................. 17
New Asset Accounting: Postings (New) ........................................................................... 21
New Asset Accounting: Transactions with Integrated Postings (New) ............................ 27
Financial Supply Chain Management (FSCM) ............................................... 30

FIN-FSCM-CLM: Business Function SAP Smart Cash Management (New) ......... 30
FIN-FSCM-CLM: Local BI Content for SAP Smart Cash Management (New) ...... 32
Controlling (CO) ............................................................................................. 35

Line Item Based Controlling with Period Close Optimizations (Enhanced) ........... 35
Variance Calculation for Cost Centers (Changed) ................................................ 37
WIP Calculation and Results Analysis (Changed) ................................................ 39
Variance Calculation for Production Orders (Changed) ........................................ 44
Smart Financials Reporting (New) ................................................................. 46

Integrated Business Planning (New) .............................................................. 48
Data Aging of Financial Accounting Documents (New) .................................. 49
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SAP
Smart Financials (New)

Use
Smart Financials package 1.0 extends the scope of typical financial applications in
order to serve various internal and external stakeholders. In times of volatile markets,
margin pressure, and sophisticated regulatory requirements, companies need a precise
view of the past, immediate insight into the present, and a clear perspective of the
future. Smart Financials comes with optimized financial accounting processes and
supports the operational finance experts driving efficiency and compliance.
This requires a new way to run the business in real-time based on real-time processes
and data. Smart Financials package 1.0 provides lean data architecture, real-time
insights, and a beautiful user experience.
Smart Financials package 1.0 is based on line items as a single source of truth for
operational reporting and planning. This model provides all transactional details to
reporting in real-time without the need to extract and duplicate data in reportingoriented data structures. As all data is available on this granularity, reporting requests
can be handled on an ad-hoc basis. Combining line items in accounting, ongoing
transactions not yet reflected in accounting, and planning data helps to answer
questions such as "What has happened?", "Why did it happen?", "What is happening
now?", "What will happen next?".
Based on SAP HANA technology, the system provides all kinds of requested
aggregated financial information on the fly using views, which are based on granular
line item data. There is no need to keep persistent storage of aggregates and indices.
Due to this, it is much simpler and faster to adapt the system to cope with changes in
business and corporate structures. Business flexibility on one hand and accounting
stability on the other are no longer a contradiction.
For operational processes especially in financials, a high degree of automation is a
clear target. Transferring operational data into the financial application is based on
rules defined once, which also include complete exception-based error handling and
correction. Smart Financials package 1.0 assists the experts in finding the root cause
for the exceptions with advanced search and rules engine support.
See also
For more information about Smart Financials package 1.0, see the following release
notes:
o
Migration from SAP ERP to Smart Financials package 1.0

(new)
Data Aging of Financial Accounting Documents (New)
New General Ledger Accounting in Smart Financials (New)
New Asset Accounting: Ledger Approach and Account

Approach (New)
Functions for Accounts Receivable and Accounts Payable

(Changed)
Line Item Based Controlling with Period Close Optimizations

(Enhanced)
Integrated Business Planning (New)
Variance Calculation for Cost Centers (Changed)
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Variance Calculation for Production Orders (Changed)
WIP Calculation and Results Analysis (Changed)
Smart Financials Reporting (New)
FIN-FSCM-CLM: Business Function SAP Smart Cash

Management (New)
FIN-FSCM-CLM: Local BI Content for SAP Smart Cash

Management (New)
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SAP
Migration from SAP ERP to Smart Financials

package 1.0 (new)
Use
As of Smart Financials package 1.0, both general and application-specific Customizing
activities are available which you can use for the migration from SAP ERP to Smart
Financials package 1.0.
Effects on Existing Data
With Smart Financials package 1.0, classic General Ledger Accounting is no longer
available. If you use classic General Ledger Accounting and want to migrate to Smart
Financials package 1.0, you must first activate General Ledger Accounting (new).
Setting up General Ledger Accounting (new) during migration to Smart Financials
package 1.0 includes different Customizing activities, for example, to define a leading
ledger, or to define valuation areas for foreign currencies. It also includes data transfer
from General Ledger Accounting to General Ledger Accounting (new).
Effects on System Administration
You can monitor the status of each migration step by using a migration monitor.
Effects on Customizing
You can find the new Customizing structure in the SAP Customizing Implementation
Guide under Smart Financials Migration.
See also
For additional information, see:
o
Migration Guide on SAP Help Portal
Administrator's Guide on SAP Service Marketplace
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Financial Accounting (FI)

New General Ledger Accounting in Smart Financials
(New)
Use
As of Smart Financials package 1.0, new General Ledger Accounting offers the
following functions:
o
Balance Carryforward
The program for carrying forward balances enables you to initialize data carried
forward previously when you want to repeat a balance carryforward.
Furthermore, you can save results lists and then use the program to display
them at a later point in time.
Integration with Materials Management: Account Determination for Cost of Sales

You can specify that the cost of sales is posted to different accounts on the basis
of the cost component assignments. For more information, see the relevant
release note for Controlling.
Data Aging
Archiving accounting documents now is data aging. For more information, see
the release note for Data Aging.
Index Tables and Totals Tables

The data model of new General Ledger Accounting has been simplified to enable
integration with Smart Financials package 1.0. All data in new General Ledger
Accounting is stored in document tables and line item tables. The system calculates the
aggregated data in the relevant views.
The new data model eliminates the need to save redundant data (for example, in totals
tables or index tables). Furthermore, inconsistencies can no longer arise between FI
documents and totals tables.
The following tables have been replaced by views:
o
BSIS
BSAS
GLT0
FAGLFLEXT
FAGLBSIS
FAGLBSAS
Tables GLT1 and GLT2 are no longer available for new General Ledger Accounting
within Smart Financials package 1.0. Consequently, ledgers for these tables are no
longer updated and can no longer be processed or analyzed in the Special Purpose
Ledger (FI-SL). If you still need to use one of these ledgers, contact SAP Development
Support (message component FI-SL-SL).
The new data model allows you to continue to use programs to access the database as
before. This also applies for user-defined programs.
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Roles
You can use the following new roles as copy templates:
o
SAP_SFIN_ACC_ACTUALPOSTING
SAP_SFIN_ACC_CLOSING
SAP_SFIN_ACC_MASTERDATA
SAP_SFIN_ACC_REPORTING
The new roles contain applications for both new General Ledger Accounting and
Overhead Cost Controlling.
Constraints
With Smart Financials package 1.0, the following functions are no longer available:
o
Balance Sheet Planning
Reports for comparing planning data and actual data in Profit Center Accounting
Destruction of data or deletion of FI documents (Information Lifecycle

Management)
Average balance ledger

Due to the changed data model used in Smart Financials package 1.0, classic
General Ledger Accounting is no longer available. If you have previously been using
classic General Ledger Accounting, you can transfer your data to new General Ledger
Accounting during the migration to Smart Financials package 1.0.
You can use a range of migration programs to migrate your existing data to the new
data structure.
Since Customizing for classic General Ledger Accounting is no longer available with
Smart Financials package 1.0, the following Customizing activities have been
included in Customizing for new General Ledger Accounting:
o
Closing Cockpit
You find the Closing Cockpit in Customizing for General Ledger Accounting
(New) under Periodic Processing -> Closing Cockpit (Manage Templates
and Task Lists).
Reclassifying Accounts
You now find all Customizing activities for reclassifying P&L accounts and
balance sheet accounts as account assignment objects (such as business areas
and profit centers) in Customizing for General Ledger Accounting (New) under
Periodic Processing -> Reclassify.
See also
For more information about performing the migration to new General Ledger
Accounting as part of Smart Financials package 1.0, see the release note on
Migration to Smart Financials package 1.0.
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Functions for Accounts Receivable and Accounts

Payable (Changed)
Use
As of Smart Financials package 1.0 (SAP_FIN 700), the following features and
changes are available in Accounts Receivable and Accounts Payable:
Index and Totals Tables
From a technical perspective, the following tables have been replaced by views:
o
BSID
BSAD
BSIK
BSAK
KNC1
KNC3
LFC1
LFC3
The advantage of this change is that you no longer have to store redundant data, thus
saving space on your database. You can still use reports that read the database,
including your own reports. A further advantage is that inconsistencies can no longer
arise between the single documents and the totals.
Replaced Transactions
For information about the transactions that are replaced by newer ones, see SAP Note
1946054.
Roles
The following new roles are available as a copy template:
o
Role SAP_SFIN_AR for accounts receivable
Role SAP_SFIN_AP for accounts payable
Portfolio Adaptation for Credit Management

While FI-internal Credit Management (FI-AR-CR) is still available for existing customers
with SAP Smart Financials package 1.0, as a legacy and to help in migration efforts,
please use the SAP Credit Management (FIN-FSCM-CR) component that offers an
integrated, cross-system form of credit management. FI-internal Credit Management
(FI-AR-CR) is not a functionality provided with SAP Smart Financials and will be
removed in a further version thereof.
Vendor Information System
The Vendor Information System application in SAP NetWeaver Business Client
(NWBC) allows you to make the following three types of analyses for vendor invoices:
o
Due date analysis
Overdue items analysis
Currency analysis
Effects on Data Transfer
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If you are already using SAP ERP and want to use the functions in Smart Financials
package 1.0, you have to migrate data. For additional information, see release note
Migration from SAP ERP to Smart Financials (New).
You can use the Data Aging function for financial accounting documents to increase
memory capacity. Data archiving for financial accounting documents is no longer
possible. For additional information, see release note Data Aging of Financial
Accounting Documents (New).
See also
Central release note Smart
Financials (New)
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SAP
New Asset Accounting: Ledger Approach and

Accounts Approach (New)
Use
As of Smart Financials 1.0 (EA-FIN 700), you can use new Asset Accounting. You can
handle parallel valuation of your assets using both the ledger approach and the
accounts approach.
To be able to use new Asset Accounting, you have to also use new General Ledger
Accounting. The values in new General Ledger are managed in at least one ledger.
You can record parallel valuation using the accounts approach or the ledger approach:
o
With the accounts approach, you manage parallel valuation using valuationspecific accounts. The values of all types of valuation are then managed in one
single ledger.
With the ledger approach, you manage parallel valuation using multiple ledgers.
In that case, you do not need any alternative accounts; the values of each
valuation are managed separately in separate ledgers.
In addition to using new General Ledger Accounting, there are other prerequisites for
using new Asset Accounting in Smart Financials 1.0. These are explained in the Effects
on Customizing section.
Note:
Asset Accounting prior to this is referred to in the following as "classic Asset
Accounting" in order to distinguish the two.
New Asset Accounting replaces classic Asset Accounting. Classic Asset Accounting is
no longer available with Smart Financials 1.0. This applies across your entire system.
Characteristics and Use of New Asset Accounting
You can record the leading valuation of Asset Accounting in any depreciation area of
new Asset Accounting. It is no longer necessary to use depreciation area 01 for this.
The system now posts both the actual values of the leading valuation and the values of
parallel valuation in real time. The means the posting of delta values has been
replaced; as a result, the delta depreciation areas are no longer required.
New Asset Accounting makes it possible to post in real time in all valuations (that is, for
all accounting principles). You can track the postings of all valuations, without having to
take into account the postings of the leading valuation, as was partly the case in classic
Asset Accounting. The following details the advantages you gain by using new Asset
Accounting:
o
Choice of using the ledger approach or accounts approach
Real time postings in all valuations
Leading valuation made more flexible
Parallel documents for each valuation that post correct values from the beginning
Abolition of delta areas for parallel valuation
Simplification of your chart of depreciation
Valuation-specific postings by means of restriction to accounting principles or

depreciation areas; the restriction of transaction types to depreciation areas no
longer applies
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Different fiscal year variants for each valuation (restriction: beginning and end
date of the fiscal year variant have to match)
Straightforward assignment of accounts for each valuation within an asset class
Simplified management of goods that are to be capitalized in accordance with

one set of accounting principles, but are to be posted to expense in accordance
with a different set
Constraints
In SAP enhancement package 7 for SAP ERP 6.0 SP02, business function
FIN_AA_PARALLEL, the restriction applies that you can only use new Asset
Accounting for the ledger approach. With Smart Financials 1.0, this restriction does not
apply, since new Asset Accounting in Smart Financials also supports the accounts
approach.
ALE transfer is not available in new Asset Accounting.
The batch input method for transactions based on AB01 is no longer available; you
can use the changed and new BAPIs for postings instead. For more information on
these BAPIs, see the Postings Release Note.
Reversal using a document with reversed positive/negative signs (an inverse posting)
is possible; a real reversal (negative posting) is no longer available.
Impairments from the business function New General Ledger Accounting 3
(FIN_GL_CI_3), SAP enhancement package for SAP ERP 6.0 are no longer
available.
Joint Venture Accounting, the Lease Accounting Engine, Classic RE, and requests
from component PSM-FM and IS-PS are not compatible with new Asset Accounting.
For more information, see the section "Prerequisites for the Migration to New Asset
Accounting".
Other Release Notes
For more information about new Asset Accounting, see the following release notes:
o
Migration and New Customizing
Postings
Transactions with Integrated Posting

Existing Data
Already existing master data and transaction data is not changed by your activating
new Asset Accounting. However, you might possibly have to migrate and adjust your
Customizing data. This depends on your situation before the migration.
Existing Customizing settings from classic Asset Accounting or from new Asset
Accounting are transferred; this means that to the extent you have already been
working with classic or new Asset Accounting, you do not have to make all the
Customizing settings again.
You have to migrate, to some extent check, change and add to your Customizing data
in these two cases: you are migrating from classic General Ledger Accounting with
classic Asset Accounting, or from new General Ledger Accounting with classic Asset
Accounting.
If you are migrating from new General Ledger Accounting with active new Asset
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Accounting - that is, you activated business function FIN_AA_PARALLEL with new
Asset Accounting in SAP enhancement package 7 for SAP ERP 6.0 SP02 - then you
have perform a smaller part of the migration of Customizing data.
Note:
o
You cannot reverse documents that originated before the changeover from
classic to new Asset Accounting. Instead, you have to make an inverse posting.
It may no longer be possible to process worklists that have been created before
the changeover to the new Asset Accounting. This involves worklists that create
transaction data (however, not master data changes), such as worklists for
retirement without revenue, retirement with revenue, intercompany asset
transfer, and impairment posting. You should therefore either process these
worklists before you activate the Customizing switch, or create them again once
you have activated new Asset Accounting in Smart Financials 1.0.
Regarding the restriction of transaction types to depreciation areas, note the

Postings release note. See release note Migration and New Customizing for
information about the new and changed Customizing settings.
Business Functions of Asset Accounting
The following business functions do not exist in Smart Financials. The functions
belonging to these business functions are, however, available, and you do not need to
activate them specifically (such as by using a Customizing switch):
o
FI-AA, Asset Accounting (FIN_AA_CI_1), SAP enhancement package 6 for

SAP ERP 6.0
The following applies if you use different fiscal year variants with differing start
and/or end dates for your ledgers in General Ledger Accounting: As before, the
system only minimally supports the use of differing start and end dates of a fiscal
year. In Asset Accounting, you have to use a ledger group, the representative
ledger of which uses a fiscal year variant with a start and end date that is the
same as that of the leading ledger. As a workaround solution, you can assign an
additional ledger with a non-calendar fiscal year in the ledger group. You can use
this ledger for reporting. Note in connection with this that the restrictions
described in SAP Note 844029 remain in effect. If you have assigned different
fiscal year variants to your general ledger ledgers, you can only use them in new
Asset Accounting if you have assigned the appropriate fiscal year variant to the
depreciation areas that manage APC and post in real time.
FI-AA, Parallel Valuation (FIN_AA_PARALLEL_VAL), SAP enhancement

package 7 for SAP ERP 6.0, SP02
User Interface
Implementation Guide
New Asset Accounting uses its own IMG structure in the SAP Reference IMG under
Financial Accounting (New): Asset Accounting (New). This IMG structure contains
some of the same activities as are in classic Asset Accounting, some changed
activities, and some new activities; a few of the classic Asset Accounting activities are
no longer contained in the Asset Accounting (New) IMG structure at all.
The Asset Accounting (New) IMG structure is based on the structure of new Asset
Accounting that is available with business function FIN_AA_PARALLEL starting from
SAP enhancement package 7 for SAP ERP 6.0 SP02.
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Transactions
Some of the classic Asset Accounting transactions have been replaced by
corresponding new ones. So that you can make accounting-principle-specific postings,
the input fields Depreciation Area and Accounting Principle can be found on the
screen for the new transactions. The name of the relevant new transaction ends in "L".
Example: The previous transaction AB01 (Create Asset Transactions) is replaced by
the new transaction AB01L.
The new transactions are: AB01L, ABAAL, ABAKL, ABAOL, ABAVL, ABAWL,
ABCOL, ABGFL, ABGLL, ABIFL, ABMAL, ABMRL, ABNAL, ABNEL, ABNKL,
ABSOL, ABSTL, ABUML, ABZEL, ABZOL, ABZPL, ABZUL.
If you enter the transaction familiar from classic Asset Accounting (that does not end in
L), you are automatically transferred to the new transaction (that ends in L).
Transaction ABSO_OLD from classic Asset Accounting is no longer available in new
Asset Accounting; you can use transaction AB01L instead.
SAP Easy Access Menu

The SAP Easy Access Menu for new Asset Accounting remains the same as for classic
and new Asset Accounting. You can continue to find it under SAP Menu ->
Accounting -> Financial Accounting -> Fixed Assets .
The only difference is that you use it to access some new transactions (see the
explanation about transactions above).
Effects on Data Transfer
Programs for asset postings that supplied classic Asset Accounting with data using
batch input (for example, interfaces to non-SAP systems) can no longer be used (as
mentioned above). You have to change over these programs to the new BAPIs. See
the corresponding section in the Postings release note.
Prerequisites for New Asset Accounting under Smart Financials 1.0
For you to be able to use new Asset Accounting under Smart Financials 1.0, the
following prerequisites must be met:
o
You have activated and configured the General Ledger Accounting (FI-GL)
(New) application component (either before the migration to Smart Financials, or
as a part of the migration to Smart Financials).
-
To handle parallel accounting principles, use the ledger approach or the

accounts approach.
You have activated the Financials Extension (EA-FIN) business function.
As relates to Asset Accounting, one of the following is your starting situation:

-
You have configured the classic Asset Accounting (FI-AA) application

component.
From the Financials Extension (EA-FIN), you use the new depreciation
calculation with the depreciation calculation program (DCP).
Or: You are already using new Asset Accounting that is available with
business function FIN_AA_PARALLEL starting from SAP enhancement
package 7 for SAP ERP 6.0 SP02.
Or: If you are not using either classic Asset Accounting or new Asset
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Accounting, you need to make all of the necessary Customizing settings
for new Asset Accounting.
Prerequisites for the Migration to Asset Accounting (FI-AA) (new)

If you want to use new Asset Accounting, you are not allowed to use any of the
following components, business functions, or functions:
o
Joint Venture Accounting (JVA)

You cannot activate new Asset Accounting in company codes in which JVA is
active, and the reverse is also true.
The business function JVA, Integration with New General Ledger Accounting
(JVA_GL_INTEGRATION)) is also not compatible with new Asset Accounting.
From the Financials Extension (EA-FIN): Lease Accounting Engine (LAE)

The LAE controls postings for the lessor scenario; this scenario consists of the
components CRM Leasing (CRM-LAM) and Leasing Accounting (FI-LA).
Real Estate (RE), that is, classic Real Estate Management
From Funds Management (PSM-FM) or Industry-Specific Component Public

Sector (IS-PS): Requests with Reference to Asset
If you are already using classic Asset Accounting, the following additional prerequisites
also apply:
o
Make sure that the periodic asset postings (with program RAPERB2000) are
completed.
Also ensure that there are no update terminations from direct postings in the
system.
Perform a complete period-end closing before the migration. Post the

depreciation (with the RAPOST2000 program), and reconcile your asset
accounting subsidiary ledger with the general ledger (with the RAABST02
program).
The following applies for all depreciation areas that post changes in APC and
depreciation to the general ledger with the "Area Posts in Realtime" indicator
(BUHBKT=1):
For the leading valuation of the ledger approach and accounts approach and for
parallel valuation of the ledger approach, the following is valid: The parallel currencies
in the leading ledger in General Ledger Accounting and in the depreciation areas in
Asset Accounting must be congruent. If you have previously been using parallel
currencies in General Ledger Accounting but you have not implemented the
corresponding parallel currency areas in Asset Accounting for all depreciation areas,
you must first implement these depreciation areas before you can migrate to Smart
Financials 1.0. Contact your consultant.
Relationship of New Asset Accounting to Existing Business Functions
New Asset Accounting relates as follows to the business functions listed:
o
CO, CO, Parallel Valuation of Cost of Goods Manufactured (FIN_CO_COGM),

SAP ERP 6.0 enhancement packages 5 and upwards
If this business function is active, you can also use different valuation for
investment measures according to different accounting principles. These
valuation approaches are activated for each depreciation area when you settle
investment measures for assets under construction (AUC) and for the full
settlement to completed assets, depending on the accounting principle. Differing
capitalization percentage rates from the Customizing activity for calculating the
capitalization value of investment measures (transaction OKGK) are taken into
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account.
Materials Management - Enhancements in Procurement (LOG_MM_CI_3),

SAP enhancement package 5 for SAP ERP 6.0
If you use purchase orders for low-value assets (LVA) in Asset Accounting, then
in the future it is not possible to note purchase orders if the LVA maximum
amount is exceeded. If you want to use the function for noting purchase orders,
we recommend that you activate the business function Materials Management Enhancements in Procurement (LOG_MM_CI_3).
Time of Migration to New Asset Accounting

You can migrate to new Asset Accounting in Smart Financials 1.01.0 at any point in
time.
The prerequisite is, however, that you have completed all periodic and current posting
processes that involve Asset Accounting. You must not make any postings during the
changeover. You should reconcile your asset accounting subsidiary ledger with the
general ledger.
We recommended that you carry out the changeover after period closing has been fully
completed.
If you also migrate from classic General Ledger Accounting to new General Ledger
Accounting as par of the migration to Smart Financials 1.0, then, at the time of the
changeover, you have to observe the rules for the migration to new General Ledger
Accounting.
See also
You can find the application documentation for new Asset Accounting in the new
structure Asset Accounting (New) in the SAP Library.
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New Asset Accounting: Migration and Customizing (New)

Use
In Smart Financials 1.0, only new Asset Accounting is available. There are several
preparatory steps before you migrate from classic Asset Accounting to new Asset
Accounting. the migration of charts of depreciation and also new Customizing settings.
There are two possible starting situations: either you are migrating from classic Asset
Accounting or you have already activated the business function FI-AA, Parallel
Valuation (FIN_AA_PARALLEL_VAL) in SAP enhancement package 7 for SAP ERP
6.0. Depending on which applies for you, the migration to Smart Financials 1.0 involves
a different number of steps.
If you are also migrating from classic General Ledger Accounting to new General
Ledger Accounting, then there are additional steps that are explained separately in the
following.
All of the steps relevant for the migration are displayed in an overview below.
Application Customizing for new Asset Accounting can mainly be differentiated from
classic Asset Accounting in the following areas:
o
Settings for depreciation areas
Settings for posted transactions using integration
Settings for transaction types
Settings in Customizing
To be able to use new Asset Accounting, you have to follow the steps below:
You can find details in the SAP Implementation Guide (IMG) under Financial
Accounting (New) -> Migration: Asset Accounting (New) -> Prepare New Asset
Accounting.
Check the Prerequisites Before Migrating to Smart Financials 1.0
Before you import Smart Financials 1.0 into your system, you have to follow these
steps if you have been using classic Asset Accounting.
1.
Check the prerequisite for using Smart Financials 1.0 with new Asset
Accounting:
Import report RASFIN_MIGR_PRECHECK that is provided with SAP Note
1939592, and execute this report. For more information, see the documentation
for the report.
1.
Perform a complete period-end closing in Asset Accounting in your system.

Ensure that there are no update terminations from direct postings in the system.
Migration of Customizing/Charts of Accounts to New Asset Accounting

Notes
If you were using new Asset Accounting with the ledger approach that you activated
with business function FI-AA, Parallel Valuation (FIN_AA_PARALLEL_VAL) with SAP
enhancement package 7 for SAP ERP 6.0 SP02 (EA-FIN 617 SP02), then steps 1, 2.1,
2.2, 2.3 are nonetheless mandatory.
1.
After you import Smart Financials 1.0, the system shows the new IMG structure
Asset Accounting (New) in the SAP Reference IMG under Financial
Accounting (New). You use the new IMG structure Asset Accounting (New) to
set up and prepare the Customizing for new Asset Accounting in the client.
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2.
Start migration for new Asset Accounting (Customizing activity Migration for
New Asset Accounting):
For each valuation that is managed in the chart of depreciation, check the
existing accounting principles and create new ones, if necessary (in Customizing
under Financial Accounting (New) -> Financial Accounting Global Settings
(New) -> Ledgers -> Parallel Accounting -> Define Accounting Principles).
The following applies to the ledger approach: For each valuation that is managed
in the chart of depreciation, assign the accounting principles to ledger groups (in
Customizing under Financial Accounting (New) -> Financial Accounting
Global Settings (New) -> Ledgers -> Parallel Accounting -> Assign
Accounting Principle to Ledger Groups).
The following applies for the accounts approach: For each parallel valuation that
is managed in the chart of depreciation, the migration report generates a ledger
group for the leading ledger. For each valuation, the (generated) accounting
principle has to be assigned to the ledger group. If you want to have the system
generate the necessary ledger groups, then execute the migration report before
you perform this activity.
The other option is for you to create the ledger groups manually for the leading
ledger.
Convert charts of accounts, so that they meet the requirements of new Asset
Accounting with Smart Financials 1.0 (Customizing activity Migrate Charts of
Depreciation).
During this step, the system also determines whether the chart of depreciation
relates to the ledger approach or the accounts approach. Therefore, this step is
absolutely mandatory, even if new Asset Accounting was active in your system.
Check conversions made to the chart of depreciation. This concerns the
following activities:
-
For the depreciation areas, the indicator for posting to the general ledger
was adjusted as needed (Customizing activity Integration with General
Ledger Accounting ->Define How Depreciation Areas Post to General
Ledger)
An accounting principle (and ledger group) was assigned to all

depreciation areas (Customizing activity Integration with General Ledger
Accounting ->Define How Depreciation Areas Post to General
Ledger)
Check and adjust names of accounting principles (Customizing activity

Financial Accounting (New) -> Financial Accounting Global Settings
(New) -> Ledgers -> Parallel Accounting -> Define Accounting
Principles.
Check and adjust names of ledger groups (Customizing activity Financial

Accounting (New) -> Financial Accounting Global Settings (New) ->
Ledgers -> Parallel Accounting -> Define Accounting Principles.
The transfer of APC values was adjusted as needed (Customizing activity

Valuation -> Depreciation Areas -> Specify Transfer of APC Values)
The transfer of depreciation terms was adjusted as needed (Customizing

activity Valuation -> Depreciation Areas -> Specify Transfer of
Depreciation Terms)
An indicator was set internally for each chart of depreciation for whether it
is for the ledger approach or the accounts approach.
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If it is not possible to migrate the chart of depreciation manually, or you want to

migrate it manually, then you can make the conversion manually (perform the
substeps listed above).
1.Manual steps: Make the Customizing settings (application Customizing) for new
Asset Accounting (Customizing activity Migration: Asset Accounting (New) ->
Migration for New Asset Accounting ->Perform Additional Manual
Activities).
2.Execute Customizing activity Check Prerequisites for Activating Asset
Accounting (New).
3.Activate the Customizing switch (Customizing activity Activate New Asset
Accounting)
4.In the production system:
a)
Lock the production system for postings.
b)
Check the prerequisites. (See section "Check Prerequisites for Changing

to Smart Financials 1.0")
5.Import the new Customizing settings into your production system.

6.Check in the production system whether the transport successfully imported the
activated Customizing switch.
7.Unlock the production system for postings.
About 2) Start migration/conversion for new Asset Accounting: define

depreciation areas.
An accounting principle (and ledger group) are assigned to each depreciation area,
even to the non-posting depreciation areas. The following applies for each set of
depreciation areas, to which the same accounting principle is assigned (that is, for each
valuation):
o
Ledger approach: Only one depreciation area is allowed to manage acquisition

and production costs (APC) and at the same time have the Area Posts in
Realtime indicator set for it. This applies both for the leading valuation and for
parallel valuations.
Accounts approach: Only one depreciation area is allowed to manage acquisition

and production costs (APC) and (1) have the Area Posts in Realtime indicator
set for the leading valuation or (2) have the Area Posts APC Realtime and
Depreciation (or instead Area Posts APC Periodically and Depreciation).
The asset values are updated at the full value in accordance with the relevant
accounting principle. For each accounting principle, this results in a complete and
independent view of the asset values with the respective valuation. An additional
derived depreciation area for each accounting principle (and currency and valuation),
meaning a delta area, is no longer required for a parallel valuation of asset balances.
About 3) Manual steps: Make the Customizing settings (application Customizing)

for new Asset Accounting.
You make the Customizing settings for new Asset Accounting in Customizing under
Financial Accounting (New) -> Asset Accounting (New). The settings apply in the
given client.
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If you have already been using new General Ledger Accounting with classic Asset
Accounting, then you only have to make settings for the new and changed functions.
These include:
1.
Define depreciation area for quantity update (if necessary)
2.
Define technical clearing account for acquisitions (mandatory, if posted using

integration).
3.
Specify alternative document type for accounting-principle-specific documents (if

posted using integration and document splitting is active).
4.
Check transaction types (mandatory).
5.
Check, and if necessary adapt, revenue distribution for asset acquisition (by net
book value or APC).
6.
Retirement posting with net book value: Restriction to specific depreciation areas
(mandatory, if you are using this posting logic)
7.
The following applies in addition for the accounts approach: For depreciation
areas that represent the parallel valuation, you have to enter reconciliation
accounts for the acquisition and production costs (APC) and accumulated
depreciation accounts.
For details on these activities, see Customizing for Asset Accounting (New) under
Migration: Asset Accounting (New) -> Migration for New Asset Accounting >Perform Additional Manual Activities.
If you were using classic General Ledger Accounting with new Asset Accounting, you
have to perform the following steps so that the integration between Asset Accounting
and new General Ledger Accounting is implemented fully:
1.
Specify addition account assignment objects that are relevant when posting an
asset transaction. This applies both for APC postings as well as for the
depreciation run.
2.
Check document splitting (in Customizing for General Ledger Accounting

(New))
3.
Define post-capitalization of discounts on assets (in Customizing for General

Ledger Accounting (New)).

See the corresponding section in the central release note for new Asset Accounting
New Asset Accounting: Ledger Approach and Accounts Approach.
See also
For more information, see:
o
The central release note for new Asset Accounting New Asset Accounting:
Ledger Approach and Accounts Approach..
SAP Library under Asset Accounting (New)
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New Asset Accounting: Postings (New)

Use
Using Smart Financials 1.0, you can use the new functions for postings both for the
ledger approach and for the accounts approach.
In a new Asset Accounting posting transaction, the system creates a document for
each accounting principle in the general ledger.
Parallel Valuation in Realtime

For each asset-related transaction (acquisition, capitalization of assets under
construction (AUC), retirement, post-capitalization and so on), the asset values for all
posting depreciation areas are updated in realtime. Periodic APC values posting is
consequently now only required for special depreciation areas.
Separate Document for each Valuation

Different accounting principles or valuations are represented - as in new General
Ledger Accounting - in separate ledgers (for the ledger approach) or in a separate set
of accounts (for the accounts approach).
The depreciation areas have equal status. Separate accounting-principle-specific
documents are posted for each accounting principle or valuation.
A business transaction created using integration is split by the system into the
operational part and the valuating part. A posting is made in each case against a
technical clearing account. For the asset acquisition using integration you require a
new technical clearing account for integrated asset acquisition; however, for the
asset retirement using integration the existing clearing accounts asset retirement with
revenue and asset retirement clearing are used. The operational part is posted
across accounting principles, the valuating part is posted accounting-principlespecifically.
For more information, see the Transactions with Integrated Posting release note.
Entry of Value Differences for Each Depreciation Area or Accounting Principle

(Ledger Group).
Value differences for each accounting principle or depreciation area can be entered in
a separate transaction (AB01L) for an asset acquisition, a post-capitalization, and a
manual depreciation or write up. This has the following consequences:
o
It is no longer necessary to restrict the transaction types to individual

depreciation areas (see below).
User exit APCF_DIFFERENT_AMOUNTS_GET is no longer supported.
Entry of a Business Transaction

Using the appropriate fields, you can restrict the posting to an accounting principle and
depreciation areas, or limit it to certain areas using the selection of a depreciation area.
When you make the entry, the system always uses the last confirmed entry (limit) for
the posting.
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In addition, you can adjust the line items of particular depreciation areas for certain
transactions using the Change Line Items function. If you have changed basic fields
(such as account principle, depreciation areas, posting amount), the line items are
genrated again.
A business transaction is always entered in local currency. If you limit the posting to
one or more depreciation areas in the same foreign currency, then the entry (and
posting) is made in this foreign currency. If you select depreciation areas to which
differing foreign currencies are assigned and no depreciation area was selected in local
currency, the system issues an error message; you have to enter several postings for a
business transaction like this.
Unilateral Assets
Depending on the legal requirements, it may be necessary to manage a fixed asset in
one accounting principle (such as local valuation) as an asset, but in a different
accounting principle (for example, IFRS) not to manage it as an asset, but post the
costs directly to profit and loss instead. You can map these differing capitalization rules
in new Asset Accounting using 'unilateral' assets.
Transaction Types
In new Asset Accounting, it is not possible and also not necessary to restrict
transaction types to depreciation areas. This is not necessary since, when you enter a
transaction, you can restrict it to a depreciation area or accounting principle. In addition,
in a posting transaction, you can select the depreciation areas to be posted. This can
significantly reduce the number of transaction types that need to be defined in the
system.
If you nonetheless have migrated transaction types that are restricted to depreciation
areas (table TABWA or view cluster V_TABWA), this is rejected by the system.
Investment support and also revaluation and new valution are an exception:
o
The transaction types for investment support and revaluation are automatically
generated by the system when you create a corresponding measure, and
therefore are restricted to the depreciation area to be posted to.
The transaction types for revaluation and new valuation that relate to transaction
type group 81/82/89 can continue to be restricted to depreciation areas.
Post-Capitalization
You enter post-capitalization both gross and net in the same transaction (transaction
ABNAL). The system always calculates the depreciation values, meaning in the
standard system it assumes that you are entering gross values. If you want to enter the
post-capitalization net, you have to specify the net amount in the transaction, and reset
the depreciation values in the line items.
Revaluation
A revaluation is always posted accounting principle-specific. The Accounting
Principle field in transaction ABAWL is therefore a required entry field.
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Document Display
A business transaction is split (1) into an operational part that creates an accountingprinciple-independent or ledger-group-independent document and (2) into a valuating
part that creates an accounting-principle-specific/ledger-group-specific document for
each valuation. Several documents are posted, therefore. These documents are
displayed together in the document display. The system displays the complete
business transaction in accordance with a valuation that you have selected.
Example: With an integrated asset acquistion posted, both the operational part (debit
technical clearing account for integrated asset acquisition, credit vendor (ledger group
INITIAL) and also the valuating part (debit asset, credit technical clearing account for
integrated asset acquisitions) (accounting principle XY) are displayed together in the
Asset Accounting document display.
If a business transaction in Asset Accounting is not entered using integration, then only
the valuating documents are posted by the entry. For each valuation that an asset
manages, a valuation-specific document is created.
For each valuation, an accounting-principle-specific document is displayed in the
document display. The operational document is not linked with the valuating document,
and therefore cannot also be displayed.
This document display in Asset Accounting is available in both document simulation
and in the document display. You can switch the view between the individual valuations
(choose the Change Accounting Principle pushbutton) and between the currency
types (choose the Change Display Currency pushbutton).
Asset Explorer
In the navigation area, the depreciation areas of the relevant assignment are displayed
grouped according to accounting principles. The accounting principle with the leading
ledger ("group view") appears uppermost.
Reconciliation with the General Ledger

For the reconciliation of Asset Accounting with General Ledger Accounting, program
Consistency Check of General Ledger and Asset Accounting (RAFABST01) is
available in classic Asset Accounting. In new Asset Accounting, this has been replaced
by program Consistency Check for FI-AA (New) and FI-GL (New) (FAA_GL_RECON).
From transaction ABST (program RFABST01) the system branches to transaction
ABSTL (program FAA_GL_RECON); the same applies for the menu option in the SAP
Easy Access menu.
BAPIs
Changed BAPIs
In the BAPIs that already existed in classic Asset Accounting, the fields Accounting
Principle/Ledger Group and Depreciation Area have been added. You are only
allowed to fill these fields if the Customizing switch for new Asset Accounting is active.
The following BAPIs from classic Asset Accounting have been adapted for new Asset
Accounting:
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Business Object:
Business Object:
Short Description
Object Name
Asset Acquisition
AssetAcquisition
Function Modules
BAPI_ASSET_ACQUISITION_CHECK,
BAPI_ASSET_ACQUISITION_POST
Asset Retirement
AssetRetirement
BAPI_ASSET_RETIREMENT_CHECK,
BAPI_ASSET_RETIREMENT_POST
Asset Post-
AssetPostCapitaliztn
BAPI_ASSET_POSTCAP_CHECK,
Capitalization
BAPI_ASSET_POSTCAP_POST
Asset Document
AssetReversalDoc
BAPI_ASSET_REVERSAL_CHECK,
Reversal
BAPI_ASSET_REVERSAL_POST
New BAPIs
There are the following new BAPIs:
Business
Business Object:
Object: Short
Object Name
Function Modules
Description
Assets: Down
AssetDownPayment
BAPI_ASSET_DOWNPAYMENT_CHECK,
Payment
BAPI_ASSET_DOWNPAYMENT_POST
Assets:
AssetInvestSupport
BAPI_ASSET_INV_SUPPORT_CHECK,
Investment
Support
BAPI_ASSET_INV_SUPPORT_POST
Assets:
AssetRevaluation
BAPI_ASSET_REVALUATION_CHECK,
Revaluation
BAPI_ASSET_REVALUATION_POST
Assets:
AssetSubCostRev
BAPI_ASSET_SUB_COST_REV_CHECK,
Subsequent
Costs and
Revenues
BAPI_ASSET_SUB_COST_REV_POST
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Assets: Transfer
AssetTransfer
BAPI_ASSET_TRANSFER_CHECK,
BAPI_ASSET_TRANSFER_POST
Assets:
AssetValueAdjust
BAPI_ASSET_VALUE_ADJUST_CHECK,
Depreciation
BAPI_ASSET_VALUE_ADJUST_POST
Assets: Write-Up
AssetWriteUp
BAPI_ASSET_WRITEUP_CHECK,
BAPI_ASSET_WRITEUP_POST

The following changes apply for Customizing, if you have been using classic Asset
Accounting up to now.
Transaction Types
Customizing for restricting transaction types to depreciation areas is - aside from the
above exceptions - now completely superfluous. Therefore the activites for this are no
longer included in the Asset Accounting (New) IMG structure. The exceptions to this
rule are the Customizing activities for investment support, revaluation and
revaluation/new valuation.
Default Transaction Types for Down Payments

Default transaction types for down payments are no longer defined in Customizing
activity Determine Transaction Types for Internal Transactions (table TABWV) as
previously the case, but in Customizing activity Specify Default Transaction Types
(table TABWD). The system moves existing entries.
Retirement: Distribute the proportional value percentage rate to prior-year asset

acquisitions and current-year acquisitions
If you have been using user exit AFAR0004 to date, you have to move your
enhancement to the following BAdI methods: BAdI: FAA_DC_CUSTOMER, method
PROPVAL_PERCENT_ON_SPECIAL_RET. You can copy the code from the user exit 1:1
when doing so, since the enhancement interface has not been changed.
Retirement: Posting with net book value

If up to now you have been using the "Post Net Book Value at Retirement" logic, note
the following: The restriction of posting logic to certain depreciation areas is done in
classic Asset Accounting using area types (as set out in SAP Note 1069166). In new
Asset Accounting, this setting is replaced by the new Customizing activity Post Net
Book Value Instead of Gain/Loss -> Subactivity Specify Depreciation Areas for
Net Book Value Posting.
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Standard Layout for Document Display

There is the following standard layout for the document display in new Asset
Accounting: Standard: Asset Accounting (New) (3SAP).
We recommend that you use this standard layout or a copy of it adapted to meet your
requirements, since the layout supports you in interpreting the accounting-principlespecific documents.
See also
o
Ledger Approach and Accounts Approach.
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New Asset Accounting: Transactions with Integrated Postings

(New)
Use
As of Smart Financials 1.0, you can use parallel valuation for integrated postings in
new Asset Accounting.
For the following transactions, the integrated posting is made to a special clearing
account:
o
Asset acquisition and
Investment support measures
A business transaction posted using integration (such as an asset purchase from a

vendor or an asset sale to a customer) is split by the system into an operational part
and a valuating part. An accounting-principle-independent document is created in the
operational part. An accounting-principle-specific document is created for the valuating
part for each valuation that is managed for the asset. Asset balances are only updated
to specific accounting principles.
Example (acquisition)
You create financial statements in accordance with both IFRS and a local accounting
principle. In new General Ledger Accounting, you have set up the appropriate
accounting principles (accounting principle IFRS and accounting principle LGAAP) and
assigned ledger groups. In new Asset Accounting, you have set up the appropriate
depreciation areas.
Warning
For technical reasons, you also have to create ledger groups in the accounts approach
and assign them to accounting principles. Since no general ledgers are required for
representing parallel valuation and none are configured, these ledger groups contain
only the ledger 0L.
An asset acquisition is created in an integrated posting.
Document entry:
Dr
70
Asset
Tech. clearing account for acquisition
10,000
Cr
31
Vendor
Payables from L+ L
10,000
Cost center 1
Document creation and posting:

The system generates the following three documents:
(1) Ledger group INITIAL (that is, without specifying a ledger group)
Dr
70
10,000
Profit center 1
Cr
31
Payables from L+ L
10,000
Profit center 1
(2) Ledger group IFRS

Dr
70
Equipment
10,000
Profit center 1
Cr
75
10,000
Profit center 1
10,000
Profit center 1
(3) Ledger group LGAAP

Dr
70
Equipment
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Cr
75
10,000
Profit center 1
Explanation:
o
Any valuation differences that could arise during the activation, are not taken
into account in the example. They can be entered by a separate, accountingprinciple-specific or depreciation-area-specific posting.
The profit center assigned to cost center 1 is updated for the integrated
acquisition both in the fixed assets accounts and in the Technical Clearing
Account for Integrated Asset Acquisition
The new Technical Clearing Account for Integrated Asset Acquisition

always displays a balance of zero at the level of the accounting principle and
additional account assignment (profit center), due to technical reasons. Open
item management is neither necessary nor supported. You are not allowed to
make manual postings to the account. The account is displayed in the balance
sheet attachment. In order to ensure a balance of zero also for postings in a
foreign currency, the system also updates the asset items of the generated FI
documents in the foreign currency, in the case of an integrated posting.
With the accounts approach for parallel accounting, the asset documents for
integrated asset acquisition or retirement are updated in the local currency, but
not in the foreign currency. Instead the foreign currency amounts remain zero.
Example
Document entry:
Dr
Cr
70
31
Asset
Vendor
Tech. clearing account for
CNY
Cost center
acquisition
10,000
Payables from L+ L
CNY
10,000
Document creation and posting:

The system generates the following three documents:
(1) Ledger group INITIAL (that is, without specifying a ledger group)
Dr
70
CNY 10,000
Profit center 1
Cr
31
Payables from L+ L
CNY 10,000
Profit center 1
(2) Ledger group IFRS

Dr
70
Equipment
CNY 0.00
Profit center 1
Cr
75
CNY 0.00
Profit center 1
(3) Ledger group LGAAP

Dr
70
Equipment
CNY 0.00
Profit center 1
Cr
75
CNY 0.00
Profit center 1
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You create at least one Technical Clearing Account for Integrated Asset
Acquisition, and define this in Customizing for Asset Accounting (New) under
Integration with the General Ledger -> Define Technical Clearing Account for
Integrated Asset Acquisition.
If you require different field control behavior depending on the asset balance sheet
account to be posted or on the given business transaction (acquisition APC or
investment support), you have to reflect this using different technical clearing
accounts for integrated asset acquisition. You make the relevant settings under
Define Different Technical Clearing Account for Required Field Control.
See also
o
Ledger Approach and Accounts Approach.
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Financial Supply Chain Management (FSCM)

FIN-FSCM-CLM: Business Function SAP Smart Cash
Management (New)
Use
As of Smart Financials package 1.0 (SAP_FIN 700), the business function SAP Smart
Cash Management is available. With this business function, SAP Smart Cash
Management provides the following new features, which are not available in the old
Cash and Liquidity Management:
o
Bank Account Management
Cash Position and Short-Term Cash Forecast
Embedded Liquidity Planning
Cash flow and liquidity forecast calculation powered by SAP HANA
New user experiences with the NetWeaver Business Client (NWBC)
A pre-defined PFCG role for cash managers (SAP_SFIN_CASH_MANAGER)

With Bank Account Management, customers in Cash or Treasury departments are able
to centralize the management of bank accounts by using the following features.
o
Hierarchy view and table view of bank and bank accounts
A new bank account master data that supports

-
Common properties of bank accounts
Signatories for payments approvals
Overdraft limits
Workflow process for opening, closing, or changing bank account master records
Periodic bank account review process
Status monitor for bank statement imports (only available with the Bank
Communication Management component enabled)
Cash Position and Short-Term Cash Forecast

With the new Cash Position and Short-Term Cash Forecast report, you are able to:
o
View cash position and short-term cash forecast based on bank statements,
payment documents, memo records, and TRM deals (money market and FX).
Customize the report by using the WebDynpro FPM and the embedded BEx
queries.
Embedded Liquidity Planning

With the embedded liquidity planning, you are able to conduct daily or monthly liquidity
planning by liquidity item, bank account, planning level, or other dimensions.
The following data can be embedded into your liquidity planning as reference data to
help you create liquidity plans and make variance analysis:
o
Cash position
Actual cash flow
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Forecasted cash flow

Database tables of the old Cash and Liquidity Management are no longer used.
Therefore, there is no need to migrate existing Cash and Liquidity Management data.
However, you may need to perform the following actions in order to prepare the
existing data for the new calculation logic:
Cash Position and Short Term Cash Forecast
o
Cash position gets the data from accounting document line item table directly.
The accounting document line item table is enhanced with an additional field
Flow Type.
To use the report, you must complete the necessary configuration and execute
the rebuild tool (transaction FQM_UPD_FLOW_TYPE) to fill the flow type for
accounting document line items.
To include TRM deals in Exposure Hub into calculation, you must build the
existing TRM deal information into Exposure Hub. To do this, execute the initial
load tool (transaction FQM_INITIALIZE).

Bank account master data works together with the house bank account data in the
Bank Master Data (FI-BL-MD) component. You can generate bank account master
data and assign house bank accounts by using the following transactions:
o
Migrate house bank accounts (transaction FCLM_BAM_MIGRATION)
Manually assign house bank accounts (transaction FCLM_BAM_ACCLINK)
Customizing activities and Business Add-Ins (BAdIs) are placed under Financial
Supply Chain Management -> Cash and Liquidity Management.
See also
o
FIN_FSCM_CLM: BI Content
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FIN-FSCM-CLM: Local BI Content for SAP Smart Cash

Management (New)
Use
As of Smart Financials package1.0 (SAP_FIN 700), you can configure or enhance the
following local BI objects according to your business needs for SAP Smart Cash
Management.
To view the BI content predefined by SAP, in transaction RSA1, choose InfoPackage
Financial Management & Controlling (/ERP/FMCO) -> Cash & Liquidity
Management (/ERP/FCLM).
Virtual InfoProviders
The following Virtual InfoProviders are based on HANA Views:
o
Cash Position (/ERP/FC_VP06): calculates balance amounts of bank accounts.
Cash Flow and Short Term Cash Forecast (/ERP/FC_VP07): provides short-term
cash flow and cash forecast based on the payments on the bank clearing
accounts, memo records, and forecast from TRM deals (FX and Money Market).
Cash Flow Analysis (At Bank Clearing Level) (/ERP/FC_VP01): analyzes actual
cash flows based on the payments on the bank clearing G/L accounts and
derives liquidity items.
Cash Flow Analysis (At Invoice Level) (/ERP/FC_VP09): analyzes actual cash
flows based on the invoices and derives liquidity items.
Liquidity Forecast (ERP/FC_VP04): forecasts cash flows based on the open

items at invoice level and derives liquidity items accordingly.
Liquidity Forecast (Light Version) (ERP/FC_VP05): forecasts cash flows based

on the open items of bank clearing G/L accounts and derives liquidity items
accordingly.
Bank Account Overdraft Limit (/ERP/FC_VP92): retrieves the overdraft limit

amounts of bank accounts from the bank account master data.
ODPs
o
0FCLM_CP_REAL_ITEM
-
ODP ID: 0FCLM_CP_RLI

This ODP provides the line item details can be used in the Cash Position
and Short Term Forecast report.
0FCLM_CP_BS_IMP_CMP
-
ODP ID: 0FCLM_CP_BIC

This ODP monitors the status of bank statement imports on bank or bank
group level. You can only use it together with the Bank Account
Management component.
Planning Real-Time Cubes & Aggregation Levels

o
Planning Real-Time InfoCube

Liquidity Planning Cube (/ERP/FC_IC04): stores the results of liquidity planning.
Aggregation Level
-
Monthly Planning (/ERP/FC_AL06): provides aggregation level to monthly

planning.
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Planning by Liquidity Item (/ERP/FC_AL05): provides aggregation level to

daily planning by liquidity item.
Planning by Planning Level (/ERP/FC_AL07): provides aggregation level

to daily planning by planning level.
Planning by Liquidity Item and Bank Account (/ERP/FC_AL08): provides

aggregation level to daily planning by liquidity item and bank account.
MultiProvider
o
Planning & Forecast & Actual (/ERP/FC_MP05): combines planned data,

forecast data, and actual data all together, allowing you to define queries with all
the relevant information together.
BEx Queries
The following BEx queries are based on ODPs:
o
Cash Position Line Item (FCLM_CP_LIT_Q1001): defined on ODP

0FCLM_CP_REAL_ITEM.
Bank Statement Import: Status (Tree) (FCLM_CP_BIC_Q1001): defined on ODP

0FCLM_CP_BS_IMP_CMP.
Bank Statement Import: Status (Table) (FCLM_CP_BIC_Q1002): defined on

ODP 0FCLM_CP_BS_IMP_CMP.
The following BEx queries are based on MultiProvider:

o
Planning & Forecast & Actual (/ERP/FC_MP05)
Cash Position and Short-Term Cash Forecast (/ERP/FCLM_MP05_Q0003)
Cash Flow Analysis (/ERP/FCLM_MP05_Q0021)
Liquidity Forecast (/ERP/FCLM_MP05_Q0020)
Monthly Planning by Liquidity Item (/ERP/FCLM_MP05_Q0001): input query for

monthly planning.
Monthly Variance Report by Liquidity Item (/ERP/FCLM_MP05_Q0002):

analyzes the monthly variances between actual, planning, and forecast data by
liquidity item.
Monthly Variance Overview (/ERP/FCLM_MP05_Q0005): analyzes the monthly

variances between actual, planning, and forecast data.
Cash Position (/ERP/FCLM_MP05_Q0003): provides data for the Cash Position

and Short-Term Cash Forecast report.
Daily Planning by Planning Level (/ERP/FCLM_MP05_Q0009): input query for

daily planning by planning level.
Daily Variance by Planning Level (/ERP/FCLM_MP05_Q0008): analyzes the

daily variances between the actual and the planning data by planning level.
Daily Planning by Liquidity Item (/ERP/FCLM_MP05_Q0006): input query for

daily planning by liquidity item.
Daily Variance by Liquidity Item (/ERP/FCLM_MP05_Q0007): analyzes the daily

variances between actual, planning, and forecast data by liquidity item.
You can copy the corresponding objects out, and make adjustments as needed.
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SAP
See also
FIN-FSCM-CLM: Business Function Cash and Liquidity

Management
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SAP
Controlling (CO)
Line Item Based Controlling with Period Close
Optimizations (Enhanced)
Use
As of Smart Financials package 1.0, period close and reporting processes in
profitability and cost analysis are based on line items rather than persistent aggregates.
Complex calculations that are performed at period close, for example, the calculation of
work in process at actual costs, determination of production variances for production
orders, and results analysis for sales orders, are pushed down to the SAP HANA
database in order to accelerate the close. In addition the selection of the relevant data
for period close processes such as overhead calculation and settlement has been
adjusted to take advantage of the SAP HANA database in-memory capabilities.
Reporting uses a logical document that links the financial accounting (FI) line item, the
CO line item, and the CO-PA dimensions (where available) to provide an income
statement broken down by market segments.
The profit and loss planning process brings financial accounting (FI) and management
accounting (CO) together. This allows target setting by company code and profit center
with an automated disaggregation to the associated cost objects, detailed planning by
cost center, order, project, and CO-PA dimensions with the ability to automatically roll
this data up to the higher level. The ability to aggregate and disaggregate data quickly
makes it possible to perform simulations and forecasting much faster than was
previously possible.
Changes that affect existing data include the following:
o
Line item tables are extended to provide a connection between CO and FI.
Period close processes are adjusted to read line items rather than totals tables.
The following tables have been replaced by views:

-
CO Object: Cost Totals for Internal Postings (COSS)
CO Object: Cost Totals for External Postings (COSP)

The advantage of this change is that you no longer have to store redundant data,
thus saving space on your database. You can still use reports that read from the
database, including your own reports.
o
For SAP HANA in-memory optimizations, new transactions have been created to
support certain standard scenarios in results analysis for sales orders, variance
calculation, and work in process calculation at actual costs. This can mean that
some existing Customizing options are not supported.

There are new period close transactions for results analysis for sales orders, variance
calculation, and work in process calculation at actual costs.
You must adjust the close schedule to include new jobs.
The following roles are delivered with Smart Financials and you can change these as
required:
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SAP
Cost Center Manager (SAP_CO_COSTCENTER_MANAGER)
Project Planner and Cost Estimator (SAP_CO_PROJECT_PLANNER)
Internal Controller (SAP_CO_INTERNAL_CONTROLLER)
SFIN Accounting: Actual Costing (SAP_SFIN_ACC_ACTUAL_COSTING)
SFIN Accounting: Actual Postings (SAP_SFIN_ACC_ACTUAL_POSTINGS)
SFIN Accounting: Budgeting (SAP_SFIN_ACC_BUDGETING)
SFIN Accounting: Capital Investment Management

(SAP_SFIN_ACC_CAP_INVEST)
SFIN Accounting: Closing (SAP_SFIN_ACC_CLOSING)
SFIN Accounting: Master Data (SAP_SFIN_ACC_MASTERDATA)
SFIN Accounting: Planning (SAP_SFIN_ACC_PLANNING)
SFIN Accounting: Product Cost Planning (SAP_SFIN_ACC_PRODUCT_COST)
SFIN Accounting: Reporting (SAP_SFIN_ACC_REPORTING)
To take full advantage of the SAP HANA in-memory architecture, you should adjust
your assessment cycles and settlement rules to ensure they are working with accountbased profitability analysis. You can do this in Customizing for Controlling under
Profitability Analysis, Flows of Actual Values.
You need to configure the new accounts for cost of goods sold and the cost
components that determine the breakdown of these costs.
To take best advantage of the SAP HANA in-memory selection capabilities, you must
create selection variants in the Customizing activity Create Selection Variants
for Projects and WBS Elements.
See also
Planning (New)
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SAP
Variance Calculation for Cost Centers (Changed)

Use
As of Smart Financials package 1.0, variances are calculated on cost centers with
transaction code KSS1H.
Note that not all messages related to the splitting rule will be logged.
Accelerated collective variance calculation is supported for cost centers and cost center
groups at period-end closing. The calculated variances are assigned to variance
categories.
The following scenarios are supported:
o
Variance calculation for cost centers with one or more activities
The fiscal year variant matches the month of the calendar year
To improve performance, you can now choose whether you want to process the
controlling area currency only or both the controlling area currency and the cost object
currency. The execution time for processing the controlling area currency only is
around half that required for processing the controlling area currency and object
currency.
You need to check your Customizing settings and ensure that they are adapted for the
new variance calculation transaction. For detailed information see below under Effects
on Customizing.
To ensure that the splitting logic works correctly, you also need to maintain at least one
activity in the cost center for plan activity quantity or planned capacity with the Activity
Type/Price Planning transaction (KP26).
The following Customizing activities need to be carried out to enable variance
calculation for cost centers:
o
Define Activity Type Master Data

In the activity type master data, predistribution of fixed costs is not supported for
sender cost centers.
Define Actual price calculation: Determination method

In the tab of price calculation in Settings for Each Fiscal Year, the actual method
should be set as Periodic price.
Define Splitting Structures

Note the following:
-
In the assignments of the splitting structure configuration, multiple splitting

assignments are not supported.
In the Selection for assignment, Group is not supported.
In the splitting rules, only splitting methods 12, 21, 22, 23, 24, and 25 are
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supported. The Weighting indicator is not supported.

o
In the selection for splitting rules configuration, version 0 is supported.
Primary Data for Input Price Variances

Primary price variances are not supported.
Define Variance Variants

Minor differences are not supported.
Fiscal Year Variant

The fiscal year variant must match the month of the calendar year.
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SAP
WIP Calculation and Results Analysis (Changed)

Use
As of Smart Financials package 1.0, the functionality and transaction codes for the
calculation of WIP and results analysis have changed.
o
WIP Calculation
Transaction: KKAOH
This transaction values production orders only. The production orders are valued
at actual cost for the selected plant with the defined legal valuation for a single
result analysis version. Customer enhancement and WIP calculation for product
cost collectors and process orders are not supported. Multiple valuation is not
supported.
In contrast to the classic transaction code for WIP calculation KKAO, the options
With Product Cost Collectors, With Process Orders, and All RA Versions
cannot be selected since the corresponding functionality is not available.
You can therefore select only With Production Orders, and you can only
specify one results analysis version.
Results Analysis
Transaction: KKAKH
Only the following results analysis methods are supported:
-
Revenue-based results analysis (method 01)

All costs that cannot be directly assigned to the revenue are treated as
work in progress until the contract is completed. Reserves may be created
if the costs are not sufficient to match the revenue.
Cost-based results analysis based on the percentage of completion

(method 03)
Revenue is calculated in accordance with the percentage of costs
incurred. A balance sheet posting is created for revenue in excess of
billings. A revenue surplus (a type of reserve) may be created if billings
are higher than the percentage of completion indicates to be appropriate.
Customer enhancement and the other 15 methods are not supported.

Expert Mode is partially supported.
The KKAKH front end is the same as with the classic transaction KKAK.
Customizing activities are affected as follows.
WIP Calculation KKAOH
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Define Result Analysis Versions

KKAOH only supports results analysis versions that are defined for legal
valuation.
Multiple valuation is not supported.
Extended Control:
-
KKAOH supports the options Generate Line Items, Assignment/RA Key,

and Update/RA Key. The other checkboxes are not supported.
The subtab Calculate WIP or Result Analysis For is supported.
Planned Results Analysis is not supported.

Cost Elements: Only the Cost Elements: Result Analysis Data group is
supported. The other groups are not supported.
o
Define Valuation Method (Actual Cost)

Work in process at actual costs functions as follows:
a)
For the status PREL, the status number is "1" (the order is partially
released). For the status REL, the status number is "2"(the order is
released).
The system creates work in process in the amount of the actual costs with
which the order is debited.
a)
For the status DLV, the status number is "3" (the order has been
completely delivered). For the status TECO, the status number is "4"(the
order is technically completed).
The system cancels the work in process. The difference between the debit
through actual costs postings and the actual credit of the order from goods
receipts is interpreted as a variance with this status.
Define Line IDs SPRO

The work in process and reserves for unrealized costs are calculated as a total
for each order and distributed to the line IDs.
The line IDs divide the costs incurred for the order into specific groups, such as
direct material costs, production costs, and indirect costs.
Assignment of Cost Elements for WIP and Result Analysis

KKAOH only supports the following configuration:
Only the ReqToCap column (requirement to capitalize) is supported.
The columns Debit/Credit Indicator, Vble/Fixed Indicator, and

Accounting Indicator must be marked as "+" (all).
Update of WIP Calculation and Results Analysis
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SAP
The ApptNo UM field (Capitalized Costs Apportionment Number) is not

supported. Hence WIP apportionment to line IDs is not supported.
o
Posting Rules in WIP Calculation and Results Analysis

KKAOH calculates WIP at actual cost, but doesn't include the CO88 settlement
function. If you want to speed up settlement, you can use CO88H.
Two basic situations will determine different accounts based on posting rules:
-
WIP greater than 0: WIPR (WIP with requirement to capitalize)
WIP less than 0: RUCR (reserves for unrealized costs)
Result Analysis KKAKH

o
Define Result Analysis Versions

KKAKH only supports results analysis versions that are defined for legal
valuation. Multiple valuation is not supported.
Extended Control:
-
Checkboxes supported: Generate Line Items, Assignment/RA Key,

Update/RA Key.
Checkboxes not supported: Split Creation/Usage, Legacy Data

Transfer, Deletion Allowed, Update Plan Values. Thus if you select one
of these options when running KKAKH, an error message will be issued.
The sub-tab Calculate WIP or Result Analysis For is supported. Status control
A, B and blank are supported. We recommend status control B for better
performance when running KKAKH.
Planned Results Analysis is not supported.
Cost Elements: All accounts are supported.
o
Define Valuation Method (Actual Cost)

Result Analysis for sales orders functions as follows:
Currently, two commonly used methods 01 and 03 are supported with standard
mode. Expert mode is partially supported.
Be aware of the detailed settings of that part of Expert Mode that is supported:
-
Profit Indicator
Only M and Q are supported as the profit indicator.
If the Result Analysis Method is 01: Revenue- based method, for each
status, the RA type E: Revenue-Based Results Analysis and Profit
Indicator M: With Profit Realization are supported.
If the Result Analysis Method is 03: Cost-based results analysis, the RA
Page 41 of 49
SAP
type E: Revenue-Based Results Analysis and the Profit Indicator Q:

Percentage-of-Completion are supported.
Valuation:
-
Plan Version
Only plan version 0 is supported.
Note that for sales order items, you always plan the costs in plan version
0. If you want to execute results analysis on sales order items, therefore,
you should always enter plan version 0.
Profit Basis
For results analysis and WIP, only support C and E are supported as the
profit basis.
Commitments
In results analysis, only OBLIA = blank. is supported.
Final Results Analysis

Only X (for last status) or blank (for other statuses) is supported.
Setting Final Results Analysis to "X" means that cost of sales is set equal
to the actual costs, and calculated revenue is set equal to the actual
revenue. The final profit is actual revenue less actual costs. If the resulting
profit is negative, a loss is posted. Anything else, such as revenue in
excess of billings, revenue surplus must be zero.
Sales Order Structure

In results analysis, only sales order structure BLANK or E (Process Items
Individually) are supported.
Extended Control:
-
Valuation Level
Only valuation level S (Valuation at Totals Level) is supported.
Cutoff Period
Only D (Cutoff Period = Period Before Results Analysis Period) is
supported as the cutoff period.
End Indicator
Only E (Perform RA up to RA period and Ignore remainder) is supported.
Method for Including Manual Results Analysis Data

Only E (Manual Change) and Z (Manual Addition) are supported.
Input and Output Quantities in Results Analysis

Only BLANK (No Quantities) is supported.
Time Frame
Only OBLIR = blank (No Restrictions) is supported.
Define Line IDs

The line IDs put the costs incurred for the order into specific groups.
Define Assignment for Result Analysis

In the assignment, KKAKH only supports the following configuration:
-
Only the ReqToCap column (requirement to capitalize) is supported.
The following columns must all be marked as "+" (all):
Page 42 of 49
SAP
Debit/Credit Indicator
Vble/Fixed Indicator
Accounting Indicator
o
Define Update for Result Analysis

Only the categories K (Costs), D (Special Costs), A (Settled Costs), E
(Revenue), and N (Costs Not to be Included) are supported.
The ApptNo UM field (Capitalized Costs Apportionment Number) is not
supported. Hence WIP apportionment to line IDs is not supported.
KKAKH calculates WIP at actual cost, but doesn't include the VA88 settlement function.
If you want to speed up the settlement, you can use VA88H.
With the four values Planned revenue R(p), Planned Cost C(p), Actual Revenue R(a)
and Actual Cost C(a) for sales order items, the system will calculate the Cos Costs
Affecting Net Income in 01 result analysis method, or calculate the Revenue Affecting
Net Income in 03 result analysis method.
You then settle the following:
-
The cost of sales or change to CO-PA
The revenues or change to CO-PA
The change/ cancellation of the WIP or the reserves to FI and EC-PCA
Page 43 of 49
SAP
Variance Calculation for Production Orders (Changed)

Use
As of Smart Financials package 1.0, variances are calculated on production orders with
transaction code KKS1H.
Note the following:
o
Variances can only be calculated on production orders, not on product cost

collectors or process orders.
The option All Target Cost Versions is not supported.
Accelerated collective variance calculation on production orders compares the target

costs (in the form of standard costs) with the control costs (actual cost less scrap cost)
of all production orders in the plant, and assigns the resulting variances to variance
categories.
The following scenarios are supported:
o
Variance calculation on PP production orders with full settlement, production

order triggered by sales order (with marked sales order cost estimate).
Target cost version 0 (Target Costs for Total Variances) is supported. The
control cost is based on the actual cost of the order, while the target cost is
calculated based on the current standard cost estimate of the order.
Scrap variance is calculated based on the standard cost estimate.
Calculation of the variance for a specified plant.
Processing can be optimized by means of an Auto Split option that divides the set of
orders into eight subsets. This option reduces processing time when the number of
orders is sufficiently large.
You need to check your Customizing settings and ensure that they are adapted for the
new variance calculation transaction. For detailed information see below under Effects
on Customizing.
You also need to check the following transactions:
o
Define Material Master Data (transaction MM02)

Do not change the origin group of the delivered material.
Define Routing Master Data (transaction CA01)

Multiple operation sequences and parallel sequence are not supported.
Operation split for scheduling is not supported.
The following Customizing settings need to be checked or carried out:
o
Define Variance Keys

Write Line Items should be selected.
Define Variance Variant
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SAP
Minor differences are not supported.

o
Define Valuation Variant for WIP and Scrap (Target Costs)
Define Target Cost Version

Target Cost Version 0 is supported. Control cost is based on the order cost and
target cost is based on the current standard cost estimate of the order.
Define Primary Data for Input Price Variances

Primary price variances are not supported.
Define Costing Sheet

Note the following;
-
In the Base configuration of the costing sheet:

From/To origin are not supported. All units of measure of the cost
elements defined in the Base must be compatible.
In the Overhead Rate configuration of the costing sheet:

The standard dependencies (D000 - D080) are supported. The customerdefined dependencies are not supported due to HANA technical
limitations.
A quantity-based overhead rate should not be referenced by another
quantity-based overhead rate.
Object currency conversion is not supported for quantity-based overhead
rates. Users need to configure the amount using the controlling area
currency in the Costing Sheet. In such cases, the object currency must be
the same as the controlling area currency.
For quantity-based overhead rates, the specified unit of measure should
be compatible with the unit of measure of the cost element that is grouped
by the corresponding Base configuration.
In the Credit configuration of the costing sheet:

Origin Group is not supported. Order and Business Process are not
supported as the object to be credited.
Define Cost Component Structure

In the cost component structure configuration, Origin Group is not supported.
Fiscal Year Variant

The fiscal year variant must match the month of the calendar year.
Page 45 of 49
SAP
Smart Financials Reporting (New)

Use
As of Smart Financials package 1.0 (SAP_FIN 700), you can use line item reports,
powered by SAP HANA, that have a simplified user interface. Most of these new Webbased applications can be used instead of the corresponding SAP ERP reports and are
compatible with them from a business point of view.
The following reports are available:
o
Financial Statement Report (Actual / Actual Comparison)

With this report, you can view your financial statements and compare data from
different fiscal periods.
This report replaces the SAP ERP transaction Financial Statement Report
(Actual / Actual Comparison) (S_PL0_86000028).
G/L Accounts List in Chart of Accounts

With this report, you can view the list of all G/L accounts for a specific chart of
accounts.
This report replaces the SAP ERP transaction G/L Accounts List
(S_ALR_87012328).
G/L Accounts Payable

With this report, you can check how much you owe to your vendors and navigate
to the line items to view detailed information.
This report replaces the SAP ERP transaction Payables: Profit Center
(S_AC0_52000888).
G/L Accounts Receivable

With this report, you can check how much your customers owe you and navigate
to the line items to view detailed information.
This report replaces the SAP ERP transaction Receivables: Profit Center
(S_AC0_52000887).
Line Item Browser

You can use 3 different reports for analyzing G/L account line items:
-
G/L Account Line Item Display (Entry View)
G/L Account Line Item Display for Leading Ledger (Entry View)
G/L Account Line Item Browser (G/L View)

With these reports, you can analyze data from General Ledger Accounting (FIGL), Cost Center Accounting (CO-OM-CCA), and Profitability Analysis (COPA) at line item level together in one report.
These reports replace the SAP ERP line item display reports, for example the
following transactions:
FAGLL03
FAGLL03H
FBL3
FBL3H
FBL3N
G/L Account Balance

You can use this report to display the balances of individual fiscal years for
selected G/L accounts.
This report replaces the SAP ERP report G/L Account Balance Display
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SAP

(transactions FAGLB03 and FAGLB03A).
Cash Flow Report (Indirect Method)

With this report, you can evaluate the cash flow and cash holdings of a company
based on the indirect method.
This report replaces the SAP ERP transaction Cash Flow (Indirect Method)
Variant 1 (S_ALR_87012272).
Work Analysis
This report previews the effect of activity allocation to financial statement,
showing the activity costs grouped by overhead, investment, and production.
WIP Analysis
This report shows the increase of WIP positions in G/L and the underlying
primary and secondary costs of the production orders. The analysis is technically
based on the linking of G/L WIP line items with settlement line items through the
order number in G/L line items.
Income Statement by Market Segment

This report brings together different income statements showing P&L details on
the G/L account, together with details such as cost center or market segment
information at a glance.
Page 47 of 49
SAP
Integrated Business Planning (New)

As of SFIN Release 1.0, a new solution for financial planning is available. This solution
is characterized by the following criteria:
Microsoft Excel frontend. The planner can record plan data in a user friendly way by
entering them in a normal MS Excel sheet that uses an Add-on from Analysis Office.
Use of embedded BI. Plan data is stored in a BI cube that is an integral component of
the ERP system. A sample cube is provided by SAP, but customers are encouraged to
copy the cube and adopt it to their needs. Actual transaction data and master data are
shown in the MS Excel sheet without replication - changes are immediately visible.
The views feeding the BI cube make use of the latest HANA technology enabling
seamless Top-Down and Bottom-Up planning scenarios.
SAP delivers sample content for the following:
Cost Center planning
Internal Order planning
Project planning
Profit Center planning
Cost of Sales planning
P&L planning
For each of these planning scenarios, two sample MS Excel workbooks have been
created; one based on periods, and one based on the fiscal year.
To save effort during system setup, SAP also delivers a program that automatically
analyzes existing customer-specific CO-PA dimensions and generates the
corresponding BI objects.
Due to the fact that all planning processes write their data to a common data source, all
resulting plans are integrated and aligned by design.
As this planning solution is completely new, it has no impact on existing plan data. SAP
will not provide migration functionality.
In the first release of this new planning solution, the development of functionality has
been focused on enabling plan data capturing in a very user-friendly way. If further plan
data processing is necessary, releasing them to the classic FI/CO plan data tables may
be considered in future releases.
An installation guide has been created to enable system administrators to install the
solution smoothly. Please refer to this guide for detailed information about related
authorization profile requirements, and so on.
To support the new Planning function, carry out the Customizing activities under
Controlling -> General Controlling -> Planning.
For more information about Planning, see Help Portal under SAP Business Suite ->
SAP HANA Innovations for SAP Business Suite -> Products powered by SAP
HANA -> Smart Financials
Page 48 of 49
SAP
Data Aging of Financial Accounting Documents

(New)
Use
As of Smart Financials package 1.0 (SAP_FIN 700), the Data Aging function is
available for financial accounting documents. You can use this to transfer data to the
database cold area, in order to ease the load on the memory.
The archiving object for the accounting document (FI_DOCUMNT) is replaced by the
Data Aging object (FI_DOCUMENT), which means data archiving for accounting
documents is no longer possible. As the system no longer stores the transaction
figures, the archiving objects for transaction figures are also obsolete.
You can continue to access accounting documents that have been archived in the past.
For additional information, see the release note for the business function
DAAG_DATA_AGING: Data Aging
You make the settings for Data Aging of accounting documents in Customizing for
Financial Accounting under: Financial Accounting Global Settings (New) -> Tools ->
Data Aging.
Page 49 of 49

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What are the main changes introduced in Smart Financials 1.0?

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What are the new features introduced for asset accounting?

Release Notes

What's New? Release Notes