Integrated Financial Planning (4RC)

This process supports detailed financial planning to set operational targets and to provide a baseline for the valuation of operational processes. It includes:

• Cost and activity planning to determine cost flows and activity rates

• Sales and profitability planning to determine volume and price targets, expected discounts, and cost of goods sold

• Product cost simulation to determine raw material prices and activity usage

• Project planning to provide a baseline for revenue recognition and for capital expense projects

• Financial statement planning, including profit and loss, balance sheet, and cash flow

Key Process Steps Covered

Access reference data relevant for planning
Capture planning assumptions from key stakeholders
Aggregate plan as basis for financial statement

Benefits

Calculate activity rates for production and service activities including all relevant cost inputs and activity flows
Calculate product rates for manufactured products, leveraging detailed information from cost estimates
Calculate sales profitability including detailed quantities, prices discounts, and cost of goods sold
Calculate capital expenses

Additional Information

This scope item is excluded from the default activation

This scope item describes business content delivered with SAP Analytics Cloud for Planning that can be used in combination with SAP S/4HANA Cloud.

Where is Integrated Financial Planning(4RC) being used?

This Scope item is used in the following way:

As a support function of Accounting and Financial Close within Finance Scope Item Group
As a management function of Cost Management and Profitability Analysis within Finance Scope Item Group

Process flow of Integrated Financial Planning (4RC)

Find below the process flow of the scope item Integrated Financial Planning as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario Integrated Financial Planning (4RC) - S/4HANA Cloud

Ref: Finance of SAP S4HC-2111

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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