SAP Finance and Controlling
Finance is where every other module ends up. We design and run SAP Finance and Controlling so that the numbers reconcile, the close gets shorter, and the people who analyse the business can trust what they see.
One journal, fewer reconciliations
In S/4HANA, financial accounting, controlling, asset accounting and the material ledger write to a single line-item table, the Universal Journal. That removes whole categories of reconciliation work between FI and CO and lets margin analysis run on the same postings as the ledger. It also means design decisions in finance, such as the ledger and currency setup, the chart of accounts and the profit centre structure, touch every logistics process.
Our finance consultants work closely with the logistics teams for that reason. A pricing condition in SD or a valuation class in MM is a finance decision as much as a sales or procurement one.
Finance and controlling services
- General ledger and close
- Ledgers and accounting principles, document splitting, parallel currencies, intercompany, and the period-end close using SAP Advanced Financial Closing to schedule and monitor tasks.
- Payables, receivables and credit
- Vendor and customer processes, payment runs, dunning, and FSCM credit, collections and dispute management.
- Asset accounting
- New asset accounting with parallel valuation, depreciation areas, asset under construction settlement and lease accounting under ASC 842 and IFRS 16.
- Controlling
- Cost centres, internal orders, profit centres, margin analysis, overhead allocation and the management reporting built on them.
- Product costing and material ledger
- Standard costing, costing runs, actual costing with the material ledger, and work-in-process and variance analysis for manufacturers.
- Central Finance
- A central S/4HANA finance system fed in real time from several ECC or non-SAP systems through SLT and AIF, often as the first step of a larger transformation.
- Treasury and banking
- Cash management, liquidity forecasting, bank account management, bank communication, in-house cash and treasury and risk management.
- Revenue accounting
- Revenue Accounting and Reporting for ASC 606 and IFRS 15: performance obligations, allocation and the integration with SD and BRIM billing.
Typical finance engagements
- Finance design and build for an S/4HANA implementation or conversion
- Central Finance to consolidate several ERPs into one view before a full migration
- Shortening the month-end close by automating and sequencing tasks
- Re-implementing controlling so margin analysis answers the questions leadership asks
- Tax engine integration with Vertex or ONESOURCE, and e-invoicing compliance
- Year-end, audit and SOX support for finance processes and controls
Explore the SAP practice
S/4HANA and ERP transformation
Platform, AI and data
Finance and revenue
- SAP Finance (FI/CO)
- SAP BPC, planning and group reporting
- SAP BRIM
Supply chain, manufacturing and assets
People, spend and customers
Plan the next step with us
Share what you're working on. We'll tell you how we'd approach it and who would do the work.