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Author's profile photo Astrid Hilgenberg

SAP S/4HANA Cloud 2005 – What’s New in Finance Help?

Get started with this new release by checking out the Finance help. Here are direct links to some of the changes:

Please note: As of May, 29th, there are additional help topics available. Below, they are marked with an asterisk (*).

Finance (General)

Key Concepts in Finance

The “Accounting Principles” topic is new. – https://help.sap.com/viewer/6b39bd1d0e5e4099a5b65d835c29c696/LATEST/en-US/50f1192d60274ed29eb0985bf46086df.html

Management Accounting and Margin Analysis

Overhead Accounting

The following new topics are available:

Predictive Accounting

*Examples showing how predictive accounting based on sales orders that undergo different changes, for example, a sales order item is added, changed or deleted. – Start here: https://help.sap.com/viewer/bd39d476d1e34b48afed98759286efd6/latest/en-US/5a8cdccda23348919ddfa8d3c208c0e7.html

Accounting and Financial Close

General Ledger Accounting

Joint Venture Accounting (JVA)

The “Rules for Substitution/Validation” topic describes how a user can create substitution/validation rules for JVA. – https://help.sap.com/viewer/6f70d5966f2b492ea7378cd1da305f42/LATEST/en-US/1de4c0460c414b89ae545dbac06425dd.html

Asset Accounting

Treasury Management

Cash and Liquidity Management (and Invoice Management)

Payments and Bank Communications

*Advanced payment management is now available. – https://help.sap.com/viewer/b8e68a90bfff4ff0906d5db5342bdece/latest/en-US/2945c7d799ac46f0bdb0267f9fd7a289.html

Treasury and Risk Management

An overview table now lists the archiving objects in Treasury and Risk Management – https://help.sap.com/viewer/e5ec5859d8e54df98492d80564a734c0/Latest/en-US/f8ba83ff72c04364b2162459761ee521.html

Financial Operations

Accounts Payable/Accounts Receivable Accounting

SAP Credit Management

SAP Collections Management

*The new Collections Management reporting app is available on the launchpad, embedded with SAP Analytics Cloud. – https://help.sap.com/viewer/918bca53037f408f91a2295d04ac16bc/latest/en-US/f00bbe0c9045469f9771f04a18da9191.html

Bank Statement Processing

The structure of the Cloud documentation has changed a bit. Now, the “Bank Statement Processing” sub-structure gives an overview of all relevant app descriptions and topics. Start here: https://help.sap.com/viewer/LATEST/918bca53037f408f91a2295d04ac16bc/en-US/e042e6cb0bae4718ba0e025825f73e88.html

Invoice Management

For additional topics, also check under “Cash and Liquidity Management”.

Video Library for Finance

The following changes have been made in the Video Library for Finance (https://help.sap.com/viewer/6b39bd1d0e5e4099a5b65d835c29c696/Latest/en-US/7640423ccc9a4f43830433ab66c2f9c0.html):

  • The Video Library for Finance has been restructured to account for the ever-growing number of how-to videos. The library includes nearly a dozen new videos, many of them on tax-related topics and on machine learning in bank account maintenance.
  • You can now use the “Search within Video” feature to search for certain key words in videos in English and German.
  • We provide all videos with captions in the SAP S/4HANA Cloud languages.
  • Some videos have been recreated in other languages, for example in German and Russian:

Videos in German

· Hauptbuchbelege buchen: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2002.500/de-DE/950f8054747b053de10000000a441470.html

· Buchungskreisübergreifender Handelsprozess für Devisengeschäfte: https://help.sap.com/viewer/e5ec5859d8e54df98492d80564a734c0/Latest/de-DE/1508da531198434de10000000a174cb4.html

Video in Russian

Introducing the Manage Fixed Assets App: https://help.sap.com/viewer/3e5fcf2c768746049b5627bd5a42f720/Latest/ru-RU/aec7ecb2ee11437bbbc2041572be9612.html

What else is new in this release?

To see all changes in SAP S/4HANA Cloud 2005, please read the What’s New information or open the What’s New Viewer.

And feel free to give us feedback and let us know what you think using the Feedback function.

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      7 Comments
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      Author's profile photo Rachel Suo
      Rachel Suo

      Thanks for sharing, good to know:)

      Author's profile photo Marcin Nowacki
      Marcin Nowacki

      Thank you for sharing this detailed information!

      Author's profile photo Annamaria Gonnert
      Annamaria Gonnert

      Very useful summary of links, thank you!

      Author's profile photo Sandeep Kumar
      Sandeep Kumar

      Astrid Hilgenberg Very detailed and one stop shop to track changes in 2005, thanks.

      Author's profile photo Cristina Linta
      Cristina Linta

      very helpful. was waiting for some videos on Treasury Management!

      Author's profile photo Ryan Muller
      Ryan Muller

      Very helpful post, thanks!

      Author's profile photo Harika Gali
      Harika Gali

      Thanks for the summary