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How to Activate Universal Parallel Accounting in SAP S/4HANA 2022

Universal parallel accounting is a powerful feature in SAP S/4HANA 2022  that allows companies to maintain multiple accounting representations or views in parallel, each with its own specific chart of accounts, currency, and legal requirements.

This feature can be used to support various business scenarios, such as consolidation, intercompany transactions, statutory reporting, and management reporting, among others. With universal parallel accounting, companies can efficiently manage their financial data and comply with different accounting standards and regulations, while leveraging the benefits of SAP’s integrated system.

In this blog we will explore how to activate the business function Universal Parallel Accounting (FINS_PARALLEL_ACCOUNTING_BF) in SAP S/4HANA 2022 along with UPA fiori tiles

1. Prerequisites & Pre Checks:

The FINS_PARALLEL_ACCOUNTING_BF business function can only be activated in a system that has no existing material or asset master data and no transactional data and that meets certain Customizing requirements to ensure data consistency.

This business function is valid for the entire system, but it must be activated only once in one client. It is important to run all checks in all clients of the system landscape to ensure that there is no transactional data and all prerequisites are met. This includes all systems that are connected to the system where the business function is being activated through transports.

Before activating the FINS_PARALLEL_ACCOUNTING_BF business function, the following steps must be completed for every client in the system environment:

  • Build the latest SAP S/4HANA 2022 version you can get a trial version from SAP CAL
  • Take the Backup of the system you have
  • Verify that the material ledger is not active for any plant in the system.
  • Ensure that there is no transactional data, cost rates, settlement-relevant account assignment objects, or asset master data present.
    • Note: If there is existing data in a test system, it can be reset using program Reset Transaction Data (SAPF020, transaction OBR1).
  • Run the transaction Check Ledger Customizing for UPA (FINS_CUST_CONS_C_UPA) to ensure that the central prerequisites for activating Universal Parallel Accounting (FINS_PARALLEL_ACCOUNTING_BF) are met, such as the use of only single-valuation ledgers.

2. Activation:

  • Go to transaction SFW5 –> ENTERPRISE_BUSINESS_FUNCTIONS

sfw5

sfw5

  • Select (Check ) the FINS_PARALLEL_ACCOUNTING_BF and Click on Activate Changes

  • Please ensure that the Job SFW_ACTIVATE_SF0X is finished in SM37

 

  • Once UPA activation is done in Green field implementation you can proceed to implement other business functions related to Finance,Logistics & MDG.

3. Post Activation Steps:

  • Go to Transaction SFW5 and check the status of FINS_PARALLEL_ACCOUNTING_BF which should be “Business func. will remain activated

  • Assign the FIORI Business Roles to the user. You can refer SAP Fiori Apps Library
  • I have assigned the below roles for my test user

FUCN_ACCOUNTANT
SAPOS_SD_LORD_ODATA_ORDER
SAPOS_SD_SOFM_INVOICE
SAP_BCV_USER
SAP_BC_SEFS_ADMIN
SAP_BC_SES_ADMIN
SAP_BPR_PPM
SAP_BR_ANALYTICS_SPECIALIST
SAP_BR_AP_MANAGER_US
SAP_BR_BPC_EXPERT
SAP_BR_BUPA_MASTER_SPECIALIST
SAP_BR_CASH_SPECIALIST
SAP_BR_DIVISION_ACCOUNTANT
SAP_BR_INVENTORY_ACCOUNTANT
SAP_BR_OVERHEAD_ACCOUNTANT
SAP_BR_PRODN_ACCOUNTANT
SAP_BR_PROJ_FIN_CONTROLLER
SAP_BR_PROJ_LOG_CONTROLLER
SAP_BR_PURCHASER
SAP_BR_REV_ACCOUNTANT
SAP_BR_SALES_ACCOUNTANT
SAP_CO_OM_PEREND_ABM_COLL
SAP_CPR_BCV_USER
SAP_CPR_USER
SAP_ESH_CR_ADMIN
SAP_ESH_CUST_QUERY_LOG
SAP_ESH_DISPLAY_QUERY_LOG
SAP_ESH_LOCAL_ADMIN
SAP_ESH_REORG_QUERY_LOG
SAP_ESH_SEARCH_CATEG
SAP_ESH_SEARCH_CDS
SAP_ESH_SEARCH_USER
SAP_ESH_TRANSPORT
SAP_FLP_ADMIN
SAP_FLP_USER
SAP_FND_TCR_T
SAP_MDGA_MENU
SAP_MDG_ADMIN
SAP_RPM_BCV_USER
SAP_SFIN_ACC_CLOSING
SAP_XRPM_USER

  • Now Login to Fiori Using the FIORI  URL https://<<hostname>>:<<https port>>/sap/bc/ui5_ui5/ui2/ushell/shells/%20abap/FioriLaunchpad.html
  • Go to App finder

  • Now You can see the UPA tiles On and working

4. Issues & Fixes

Error1: Currency type for controlling  not allowed for ledger FINS_PARALLEL_ACCOUNTING_BF

 

If you get such errors ensure that you have performed the cleanup (OBR1) as mentioned in pre-requisites.

Note: We have to perform the pre checks in all clients

5. Summary

You have learned how to activate the Universal Parallel Accounting(FINS_PARALLEL_ACCOUNTING_BF ) along with needed Fiori tiles.

Universal Parallel Accounting allows for the use of legal and management valuation ledgers, supports multiple currencies, and simplifies configuration and processes. It improves steering effectiveness and serves as a foundation for future innovations.

For more information on Universal Parallel Accounting, check out the following links:

Please follow me for more such technical blogs. Also, please do let me know your thoughts in comments if this content helps.

 

 

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      Author's profile photo Kishore Marodia
      Kishore Marodia

      Good article and collection of links