Chart of account master in S/4 Hana Finance

In S/4 Hana Finance chart of account master has been changed.

Summary:

In S4 Hana Finance we handle chart of accounts and cost elements using one transaction – FS00.

Transaction KA01 (create cost elements) is no longer in use.

For default account assignments transaction OKB9 has to be used.

We use T Code FS00 and take a look on COA master:

We take a look in detail what values can be entered.

We have one master for chart of accounts including secondary cost elements.

Taking a look in  table SKA1 we can see we have new field –  GLACCOUNT_TYPE

Following data can be entered:

X: Balance Sheet Account

N: Nonoperating Expense or Income

P: Primary Costs or Revenue

S: Secondary Costs

When doing migration to S4 Hana Finance – secondary cost elements have to be handled.

You can see the relevant entry in the migration steps.

@Rishab Bucha

Thank you for your feedback, you are right:

Also statistical cost elements (katyp = 90) are moved to chart of account master.

I am looking for your feedback and discussion.

Thank you

all the best erwin

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7 Comments

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  1. Rishab Bucha

    Good blog Erwin, Thanks for this.

    So during migration, one of the step will be to create the secondary CE as GL accounts.

    You can also mention about the creation of statistical accounts which are also created in FS00

    Regards

    Rishab

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    1. Erwin Leitner Post author

      Hello Rishab,

      Good hint.

      I have forgotten adding screenshot, where this is done during migration to S4 Hana.

      I will add it in the evening.

      Thank you all the best erwin

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  2. Haifeng Wang

    Hi Erwin, nice post.

    Just wonder: for a new implementation in S/4, how to upload gl master data (including cost elements) into the system at the same time? Or any recommendation in sap?

    Best Regards,

    HW

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      1. Haifeng Wang

        Thanks Nagendra,

        LSMW direct input is not working well for S4. We use two BDC recordings for GL and second cost elements.

        Best Regards,

        Haifeng

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  3. Arun Kumaar Menon

    Nice Blog a few questions

    1) When doing a green field implementation the basic settings is still as per the ECC or any nodes created in spro.

    2) Loading of COA through excel file can it be done through the HANA studio.

    3) While loading the GL,primary cost elements and secondary cost elements should be in the excel file.

    Arun Kumar Menon

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  4. Hans Junker

    Hi Erwin,

    I definitely like the fact that there is one place now to maintain the Chart of Accounts. I have one question/suggestion though. I noticed that the categories for G/L Account Type are now:
    – X Balance Sheet Account
    – N Non-operating Expense or Income
    – P Primary Cost or Revenue
    – S Secondary Costs

    In our case we will use profit center accounting but not PA. if i want to create a revenue account in my Chart of Accounts I dont want to use category N as I am setting up revenue accountz(s) for revenue coming from operations. However if i assign category P I have to assign a cost element category to my account. If I use 1 I would have to code revenue to a cost center which I only want to use when recording expenditures. If I use 11 as category i get an error message if I only specify a profit center during posting as I dont specify a valid CO account assignment object and as stated earlier we don’t need to use PA

    so shouldn’t G/L Account Category N be renamed as it is not always true that I would only use it when created non-operating revenue accounts?

    Any feedback/comments?

    Thanks

    Hans Junker

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