FI_FICOadvanced
S/4HANA Conversion: Finance Topics
What finance consultants must handle in a brownfield conversion: business partner (CVI), finance data migration and reconciliation, and asset accounting and ledger changes.
Overview
What finance consultants must handle in a brownfield conversion: business partner (CVI), finance data migration and reconciliation, and asset accounting and ledger changes.
Lessons in this topic
- FICO S/4HANA Conversion Part 1: Customer-Vendor Integration and the Business PartnerUnderstand why every customer and vendor must become a business partner before conversion, how customer-vendor integration (CVI) works, the typical data errors that block it, and how finance should own the cleanup.
- FICO S/4HANA Conversion Part 2: Finance Data Migration and ReconciliationUnderstand what happens to finance data during conversion — migration of transactional data into the universal journal, of balances and of asset values — and how to reconcile before and after conversion so the financial statements are provably unchanged.
- FICO S/4HANA Conversion Part 3: Ledger, Asset Accounting and Controlling ChangesPrepare finance for the functional changes that come with S/4HANA: mandatory new asset accounting, ledger and currency settings in the universal journal, cost elements as GL accounts, margin analysis, and the business process changes users will notice.
Interview questions covered
- How would you plan customer-vendor integration for a brownfield S/4HANA conversion?
- How do you prove to auditors that financial data was unchanged by an S/4HANA conversion?
- What finance changes do you plan for in a brownfield S/4HANA conversion?