Machine Learning for Accruals Management (3NF)

This scope item addresses service integration with purchase order accruals.

This scope item includes the Review Purchase Order Accruals for Cost Accountant app. The Purchase Order Accruals (2VB) scope item has been enhanced here with a machine learning based recommendation service.  The objective of the Machine Learning service is to learn from past accrual decisions, to apply the knowledge to a new business situation, and to make recommendations for the reasonable adjusted value for each purchase order accrual. The recommendations from the algorithm are seamlessly integrated in the UI.  To use this scope item, you must also use the Purchase Order Accruals (2VB) scope item.

Key Process Steps Covered

• Train accruals prediction model
• Infer accruals from prediction model
• Review purchase order accruals
• Review purchase order accruals for cost accountant

Benefits

• Provide flexible configuration options for calculation and posting of the accruals
• Provides the option for the review process for the monthly accrual amounts
• Supports monitoring and the approval of accruals
• Supports the typical period-end closing activity accruals postings
• Learn from past accrual decisions and apply the knowledge to new business situations to make recommendations for the reasonable adjusted value for each purchase order accruals
• Integrate recommendations from the algorithm into the UI seamlessly

Additional Information

• This scope item requires an additional SAP S/4HANA Cloud license

Where is Machine Learning for Accruals Management(3NF) 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

Process flow of Machine Learning for Accruals Management (3NF)

• 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

• RISE with SAP
• SAP S/4HANA Cloud
• SAP on Azure
• Business Process Management