Accounting and Financial Close (J58)
The central task of general ledger accounting is providing a comprehensive...
Achieve excellence in financial management & accounting with regulatory compliance and improved margins. Achieve instantaneous financial insight at any time, from anywhere using best practices and machine learning automation, in place of excel.
The Finance module or S/4HANA consists of the following components:
More general information about SAP Cloud ERP can be found in our Knowledge Center in the sections SAP S/4HANA, SAP Business ByDesign or SAP on Azure. Visit our Move to the Next Generation ERP page to get a solid understanding how to prepare your organization for the transition to SAP Cloud ERP.
Information about the future plans of SAP S/4HANA can be found on the SAP Roadmap section
The Finance module or S/4HANA consists of the following components:
- Accounting and Financial Close
- Advanced Accounting and Financial Close
- Advanced Financial Operations
- Cost Management and Profitability Analysis
- Financial Operations
- Treasury Management
- LoB Finance / Enterprise, Risk & Compliance
More general information about SAP Cloud ERP can be found in our Knowledge Center in the sections SAP S/4HANA, SAP Business ByDesign or SAP on Azure. Visit our Move to the Next Generation ERP page to get a solid understanding how to prepare your organization for the transition to SAP Cloud ERP.
Information about the future plans of SAP S/4HANA can be found on the SAP Roadmap section
Articles in S/4HANA Finance Scope Items
Accounting and Financial Close - Group Ledger IFRS (1GA)
General Ledger Accounting provides a comprehensive overview of external...
Accounting for Incoming Sales Orders (2FD)
This scope item provides a more comprehensive overview of all orders and their...
Accounts Payable (J60)
With Accounts Payable, you manage your open payable invoices that are...
Accounts Receivable (J59)
With Accounts Receivable, you manage open receivables invoices that are...
Actual Costing (33Q)
This scope item enables actual costing for material inventory. Initially, all...
Advance Compliance Reporting (1J2)
SAP Document and Reporting Compliance for SAP S/4HANA (formerly SAP S/4HANA for...
Advanced Bank Account Management (J77)
With Advanced Bank Account Management, the cash managers and the bank...
Advanced Bank Statement Automation (4X8)
Advanced Bank Statement Automation creates templates for reprocessing rules by...
Advanced Cash Operations (J78)
With Advanced Cash Operations you can get a consistent view for the actual cash...
Advanced Credit Management (1QM)
The credit worthiness and payment behavior of your business partners has an...
Advanced Payment Management (4MT)
Advanced Payment Management supports the monitoring and approval of payments for...
Asset Accounting (J62)
Asset accounting is a subsidiary ledger of the general ledger and is used to...
Asset Accounting - Group Ledger IFRS (1GB)
Asset accounting is a subsidiary ledger of the general ledger and is used to...
Asset Under Construction (BFH)
This scope item enables you to manage Assets under Construction (AuC). Assets...
Asset Under Construction - Group Ledger IFRS (1GF)
Assets under Construction (AuC) are a special form of tangible assets. They are...
Bank Fee Management (2O0)
This scope item provides comprehensive functionalities in bank fee management,...
Bank Guarantee Management (2NZ)
This scope item helps you to better manage your bank guarantee instruments. It...
Bank Guarantee Management - Group Ledger IFRS (2O2)
By activating parallel valuation for Bank Guarantee Management, you can use...
Bank Integration with File Interface (1EG)
In this scope item, you download the payment files for outgoing payments, which...
Bank Integration with SAP Multi-Bank Connectivity (16R)
With SAP Multi-Bank Connectivity (MBC), SAP establishes connections with your...
Basic Bank Account Management (BFA)
With Basic Bank Account Management, cash managers and bank accountants can...
Basic Cash Operations (BFB)
Basic Cash Operations helps you to manage daily cash operations and provides...
Basic Credit Management (BD6)
The credit worthiness and payment behavior of your business partners has an...
Bond Management (3WY)
The Bond Management process helps you to manage issued bond as well as bond...
Bond Management - Group Ledger IFRS (3WZ)
By activating parallel valuation for Bond Management - Group Ledger IFRS, you...
Cash Application Integration (1MV)
The SAP Cash Application uses the past data in your system to propose invoice...
Cash Journal (1GO)
The cash journal is a subledger of Financial Accounting. It is used to manage a...
Classification for Customs Tariff Number and Commodity Code (2U3)
This scope item provides the business processes to maintain tariff codes and...
Collections and Dispute Management (BFC)
This scope item helps you to streamline debt collection processes, resolve...
Commitment Management (2I3)
Commitment management is part of the cost monitoring process. Commitment items...
Compliance Management with SAP Global Trade Services (24J)
Customers can utilize existing rules in SAP Global Trade Services on-premise by...
Continuous Control Monitoring with SAP Process Control (2OH)
With this scope item, SAP Process Control customers can cover SAP...
Contract Accounting - Company Initiated Payments (2DP)
This scope item allows you to start the collect payment procedure from company...
Contract Accounting - Contract-Based Revenue Recognition (3L3)
In this scope item, you integrate contract-based revenue recognition...
Contract Accounting - Customer Initiated Payments (2BI)
Paid invoice processing allows you to post invoices that are already paid. You...
Contract Accounting - Daily and Monthly Closing (2BK)
Daily and monthly Closing allows you to prepare and carry out the activities...
Contract Accounting - External Tax Audit (2SJ)
This scope item allows internal and external auditors to view, analyze, and...
Contract Accounting - Group Ledger IFRS (33X)
In this scope item, you handle ledger-specific transactions and reports for IFRS...
Contract Accounting - Integration with Sales Documents (43Y)
This scope item integrates contract accounting to provide invoicing of sales...
Contract Accounting - Master Data and Basic Functions (2AR)
Business Partner and Contract Management allows you to create and manage master...
Contract Accounting - Open Item Management (2UJ)
In this scope item, you handle open item management for contract accounting....
Convergent Invoicing - Invoice Correction Processing (2BE)
Invoice correction processing allows you to correct existing invoices using the...
Convergent Invoicing - Invoice Creation for Usage and Service (2BG)
This scope item allows you to deal with the customer using the service to which...
Convergent Invoicing - Rating of Consumption Items (3DX)
This scope item allows you to deal with consumption items for a customer,...
Convergent Invoicing - Recurring and One-Off Items (2T3)
Using billing plans in Convergent Invoicing, you define for a customer when and...
Convergent Invoicing - Revenue Sharing and Partner Settlement (42L)
SAP S/4HANA Convergent Invoicing provides a new feature for the revenue sharing...
Customer Payments (1S0)
This scope item is a solution delivered on SAP BTP for electronic bill...
Customs Management with SAP Global Trade Services (2U1)
SAP Global Trade Services Customs Management installations can be integrated...
Debt and Investment Management (1WV)
The debt and investment management process helps you to secure short-term...
Debt and Investment Management - Group Ledger IFRS (1X7)
By activating parallel valuation for Debt and Investment Management, you can use...
Digital Payments (1S2)
SAP digital payments is a payment hub between payment service providers and SAP...
Direct Debit (19M)
In this scope item, you can use the direct debit payment method in the Single...
Embargo Control (1WC)
This scope item supports international trade compliance by identifying embargoed...
Event-Based Revenue Recognition - Sell from Stock (1K2)
Event-Based Revenue Recognition automates revenue recognition for sales orders,...
Event-Based Revenue Recognition - Sell from Stock - IFRS (33M)
Event-Based Revenue Recognition automates revenue recognition for sales orders,...
External Customer Payments (2M0)
This scope item enables the external payment method, which can be used with the...
External Digital Payments (2LZ)
SAP digital payments is a payment hub between payment service providers (PSP)...
External Tax Audit (2OO)
The External Tax Audit functions enable external tax auditors to conduct...
Financial Operation Monitoring with SAP Financial Compliance (3KY)
With SAP Financial Compliance Management, the compliance manager defines...
Financial Plan Data Upload from File (1HB)
Using the Import P&L Data SAP Fiori application, you can load a...
Financial Planning and Analysis (2FM)
This scope item allows SAP S/4HANA customers to leverage a predefined Financial...
Foreign Currency Risk Management (1X1)
The foreign currency risk management enables you to gain an overview of the...
Foreign Currency Risk Management - Group Ledger IFRS (1X9)
By activating parallel valuation for Foreign Currency Risk Management, you can...
General Ledger Allocation Cycle (1GI)
Prior to the allocation process at period end of profit centers or segments that...
Group Account Preparation for Financial Consolidation (3AF)
This scope item supports group account preparation for external consolidation or...
Group Reporting - Data from External Systems (2U6)
This scope item provides SAP S/4HANA customer the integration capabilities with...
Group Reporting - Data from SAP Group Reporting Data Collection (287)
This scope item provides the integration procedure between financial group...
Group Reporting - Financial Consolidation (1SG)
This scope item provides statutory financial consolidation capabilities for SAP...
Group Reporting - Matrix Consolidation (3LX)
Matrix consolidation covers consolidation for management-oriented organizational...
Group Reporting - Plan Consolidation (28B)
With this scope item, you can either collect the plan data from a file using the...
Group Reporting - Predictive Consolidation (3JP)
This new functionality allows you to integrate predictive postings from the 0E...
Group Reporting – Consolidation with Multiple Group Currencies (4VB)
This scope item provides customers with the ability to consolidate the financial...
Hedge Accounting for FX Forward - Group Ledger IFRS (1XD)
The Hedge Management and Hedge Accounting process helps you to mitigate profit...
Hedge Accounting for FX Option - Group Ledger IFRS (2RW)
The Hedge Management and Hedge Accounting process helps you to mitigate profit...
Hedge Accounting for FX Swap - Group Ledger IFRS (2UF)
This process helps you to mitigate profit and loss volatility from the use of...
Integrated Financial Planning (4RC)
This process supports detailed financial planning to set operational targets and...
Intelligent Intercompany Reconciliation (4LG)
The machine learning (ML) feature can learn from the history of intercompany...
Intercompany Debt and Investment Mgmt - Group Ledger IFRS (2OI)
This scope item allows the company to post the accounting in a parallel...
Intercompany Foreign Exchange - Group Ledger IFRS (2HU)
This scope item allows the company to exchange the foreign currency with the...
Intercompany Foreign Exchange Management (2F2)
This scope item allows a company to exchange foreign currency with affiliate...
Intercompany Process for Debt and Investment Mgmt (1YI)
This scope item allows a company to handle loans with an affiliate company. If...
Intercompany Reconciliation Process (40Y)
This scope item covers the process of reconciling the accounting documents that...
Interest Rate Derivatives Management (1X3)
The interest rate derivatives management process helps you to manage your...
Interest Rate Derivatives Management - Group Ledger IFRS (1XB)
By activating parallel valuation for Interest Rate Derivatives, you can use an...
Internal Order - Actual (BEV)
Various internal initiatives consume resources and incur costs or expenses. This...
Intrastat Processing (BDT)
This scope item provides system generated Intrastat declarations. Intrastat...
Inventory Valuation for Year-End Closing (BEJ)
This scope item provides users with an example of a process description that...
Key Risk Indicator Monitoring with SAP Risk Management (2U2)
Customers can integrate SAP Risk Management on premise with SAP S/4HANA to...
Lease-In Accounting (1T6)
Lease contracts describe contractual agreements between two partners: the lessor...
Lease-In Accounting - Group Ledger IFRS (21P)
Lease contracts describe contractual agreements between two partners: the lessor...
Lease-Out Accounting (21Q)
Lease contracts describe contractual agreements between two partners: the lessor...
Lease-Out for Sublease Accounting (2SB)
The Lease-Out for Sublease Accounting scope item supports the lease-out scenario...
Lease-Out for Sublease Accounting - Group Ledger IFRS (2SA)
This scope item supports the lease -out scenario in a sublease contract. A...
Legal Control (1W8)
This scope item supports global trade compliance with checks of relevant...
Letter of Credit Management (49D)
This scope item supports common functionalities of letters of credit, including...
Letter of Credit Management - Group Ledger IFRS (49E)
By activating parallel valuation for letter of credit management, you can use...
Liquidity Planning (3L5)
The scope item supports the liquidity planning by supplying the planning tool...
Machine Learning for Monitoring of Goods and Invoice Receipts (2ZS)
A machine learning feature of the GR/IR application makes a prediction of the...
Managing Material Price Changes and Inventory Values (1ZT)
This scope item provides users with an example of a process description that...
Margin Analysis (J55)
Profitability Analysis enables you to evaluate market segments. This action can...
Market Rates Management - Manually via Upload (1XN)
With this process, you can manually enter the relevant market data or import...
Money Market Mutual Fund Management (2UN)
The scope item helps you to better manage your Money Market Mutual Fund...
Money Market Mutual Fund Management - Group Ledger IFRS (2UO)
By activating parallel valuation for Money Market Mutual Fund Management - Group...
Monitoring of Goods and Invoice Receipts (2V7)
The GR/IR monitor is an SAP S/4HANA application that helps the accountants to...
Overhead Cost Accounting (J54)
This scope item covers transaction-based actual postings that are used in...
Period-End Closing - Maintenance Orders (BF7)
This scope item supports activities required for the Preventive Maintenance...
Period-End Closing - Plant (BEI)
This scope item helps you to ensure that the costs incurred during production...
Predictive Accounting for Travel and Expense Management (4Q0)
Use the integration between Travel and Expense Management in SAP Concur...
Preference Management with SAP Global Trade Services (3JX)
This scope item integrates SAP Global Trade Services Preference Management with...
Privacy Risk Detection with SAP Privacy Governance (3KX)
With SAP Privacy Governance data protection and privacy controls, SAP...
Provisioning of Overdue Receivables (2PD)
Due to the new impairment model of IFRS 9, Expected Credit Losses (ECL) on Trade...
Purchase Order Accruals (2VB)
Accruals must be posted when liabilities are occurred to a third party and...
Restricted Party Screening with SAP Watch List Screening (1WE)
Perform sanctioned party list screening of business partners and relevant...
Revenue Accounting (5VW)
The scope item enables you to manage revenue recognition according to IFRS 15...
Royalties Settlement for Sales (55I)
In this process, condition contracts are used to enter royalty agreements with...
Sales-Based Rent (3F4)
With sales-based settlement, you can create a real estate contract that captures...
SAP Fiori Analytical Apps for Asset Accounting in Finance (2QY)
This scope item provides overview pages for the Asset Accounting functionality,...
SAP Fiori Analytical Apps for Contract Accounting Manager (2KH)
Analyze data in Contract Accounts Receivable and Payable. Create worklists for...
SAP Fiori Analytical Apps for Convergent Invoicing Specialist (2KF)
This scope item allows you to analyze unrated and unbilled items. The Convergent...
SAP Fiori Analytical Apps for Financial Accounting (2JB)
This scope item provides overview pages for the Accounts Payable and Accounts...
SAP Fiori Analytical Apps for G/L Accounting in Finance (BGC)
This scope item provides overview pages for the General Ledger Accounting...
SAP Fiori Analytical Apps for Treasury and Risk Management (1MN)
This scope item provides an overview page for the treasury and risk management...
Service Contract (21R)
Lease contracts describe contractual agreements between two partners: the lessor...
Standard Cost Calculation (BEG)
This process enables you to update standard costs for products as part of annual...
Statistical Sales Conditions (34B)
To transfer statistical conditions from SD to account-based COPA, you write...
Transfer of Bill of Materials for SAP Global Trade Services (24H)
Customers can integrate SAP Global Trade Services 11.0 on-premise with SAP...
Transfer of Contact Person for SAP Global Trade Services (24F)
Customers can integrate SAP Global Trade Services 11.0 on-premise with SAP...
Transfer of Primary Master Data for SAP Global Trade Services (1WA)
Customers can integrate SAP Global Trade Services 11.0 on-premise with SAP...
Treasury Workstation Cash Integration (34P)
Treasury Workstation Cash Integration makes it possible for the SAP S/4HANA...
Universal Allocation (2QL)
The Universal Allocation scope item covers plan and actual allocations. For plan...