Professional Documents
Culture Documents
S/4HANA
Process Diagram
Purpose, Benefits, and Key Process Steps
Purpose
The purpose of this document is to describe the general ledger accounting process, via which
we can:
Verify data received at FI-GL with S/4HANA from Bank Analyzer.
(optional) Record manual corrections at FI-GL, for example, goodwill or accruals, if needed.
You can also use SAP Fiori Apps in SAP S/4HANA.
The following accounting principles are supported:
IFRS (IAS)
Accounting for Financial Instruments (AFI) provides banks with full sub-ledger functionality for
valuation and posting of financial instruments/transactions managed by single contract. The
central accounting and valuation functionality handles IFRS requirements. Aggregated
postings are fed in the general ledger typically daily. At general ledger, the non-banking
processes like asset account, purchasing, controlling, human resources or accruals at GL are
handled.
Required
SAP S4HANA On-Premise Edition 1610
Company Roles
General Ledger Accountant
Manual Adjustments