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S/4HANA Core

S/4HANA Core

Finance Management and Costing modules

This will cater to the requirements of the real time data entry and reflection into General ledger, Customer, Customer and Vendor accounts, Asset accounting. Functions related to Purchase, project and budgeting are highly integrated and hence the financial values are available for all analysis on a real time basis. System is also capable of having workflows for posting at parked level and final level at different users Id’s, this is also helpful in delegating responsibilities.

All the requirements of Budgeting, allocations and tracking will be handled at a primary level by this module. This will also provide the users with the requirements of Information like the total budget, head-wise allocated budget and also the utilizations.

SAP is also able to handle multiple currencies with compliance to the prevailing legal and taxations laws. SAP CO module can be used for budgeting, costing and variations. The costs can be tracked at WBS element level. Integration of SAP Finance module with Project systems, Sales & materials module will give milestone-based invoicing.

Pathway for both employer and employee.

Daniel Primera

Founder

Materials Management

The process for Requisition, Procurement, inventory, and contract are a part of this implementation. The seamless integration would ensure that all the financial value would flow to the respective entities.

Department in need of materials will raise a request with the details and PR (Purchase Requisition) gets generated. These PR’s will be converted to Enquiries and floated to vendors. The vendors could be from the list of preferred vendors or it can also be sent to new vendors.

Existing templates can be used for these enquiries. SAP system also allows in evaluation and finalization of the bids received. This procurement could be for packaged or tagged equipment, bulk equipment and also for service contracts. SAP MM module also takes care of the accurate inventory, issues and receipts. Almost all transaction on SAP leaves an audit trail which can be retrieved for information. The materials can be purchased for a particular project and can be stored with reference to that.

Sales & Distribution

Sales & Distribution (SD) is a module highly integrated with other SAP Modules as FI, CO, MM, PS & more. This can make SD a complex module, so as part of this Introduction we will also try to detail a normal sales process and how the activities integrate and are covered by this module.

The main areas covered by this module and the sub modules are:

• Pre-sales activities, including Inquiry and Quotation creation.
• Sales Order processing, including Sales Order (SO) creation.

Project System

Project System is one of the key modules of SAP to perform project and portfolio management. It helps you to manage the project life cycle starting from structuring to planning, execution, until the project completion. Project system is closely integrated with other SAP modules like logistics, material management, Sales and Distribution, Plant Maintenance, and Production planning module. It enables organizations to manage all SAP projects- large and small-scale projects efficiently. The Project Manager has a task to ensure that these projects are executed within budget and time and to ensure that resources are allocated to the project as per the requirement.

Following are the key steps involved in Project process flow:−

Create Project Templates
Work Breakdown Structure
Create Project
Project Planning
Budgeting and Release
Project Implementation
Project Completion

Production Planning

Production Planning is the process of aligning demand with manufacturing capacity to create production and procurement schedules for finished products and component materials. SAP PP is an important module of SAP. It tracks and makes a record of the manufacturing process flows, for example, the planned and actual costs. Also, goods movements from the conversion of raw material to semi-finished goods. It is fully integrated with the other SAP modules: SD, MM, QM, FICO & PM.

Following are the key steps involved in Project process flow:−

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S/4HANA Core

Finance Management and Costing modules

Pathway for both employer and employee.

Daniel Primera

Materials Management

Sales & Distribution

Project System

Production Planning

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S/4HANA Core

Finance Management and Costing modules

Pathway for both employer and employee.

Daniel Primera

Materials Management

Sales & Distribution

Project System

Production Planning

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