Significance of SAP S/4HANA in Computerized Accounting

This research report explains the significance of SAP S/4HANA in computerized accounting, its benefits, and challenges faced by companies while migrating to it. It also includes a case study of Ashapura Company. The report covers the historical overview of SAP S/4HANA Finance, its components, and importance. It also discusses the challenges faced by companies while migrating to SAP HANA using a case study of Ashapura Company. The report is relevant to the subject of computerized accounting and is suitable for students pursuing courses in accounting and finance.

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COMPUTERISED ACCOUNTING
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Introduction
This is the research report to explain the significance of the computerized accounting in the firms
and it differs from the traditional accounting technique. It is very crucial in all the stages of an
industry, and enhances the neatness, saves time and always accuracy. All enterprises are
therefore required to accept the evolution of digital age (Singh, 2017). Accuracy indeed helps the
management and other organizational leaders to make instant decisions and on time delivery.
The only problem with this model is a technical failure which if accurse, it may result in a very
high loss. The fact is that firms which have not yet embraced the new business model are far
much behind. This research report is to analyze SAP S/4HANA, its difference from the current
SAP ERP FICO, the benefits acquired by firms using it and the difficulties that those companies
faced when changing the mode of operation from traditional to SAP S/4HANA.
historical overview of SAP S/4HANA Finance
SAP S/4 HANA which was initially called SAP simple finance, include some added features that
make it easier to operate. Universal journals, streamlined outline, and ongoing investigation. The
new SAP Finance Accounting (FI-AA) module is one case of a financially related module that
has been updated in the S/4HANA suite to expand process efficiencies over the operational life
cycle of advantages. Since SAP reported the arrival of SAP S/4HANA Finance (at that point
called SAP Simple Finance) in mid-2014, there has been a considerable measure of perplexity on
what this item was about. The vast majority, including the individuals who were SAP clients,
believed that it was a Financial Accounting and Controlling (FI/CO) sub-module that was
somehow easier to arrange than the exertion right now required in the ERP model.
The following are the components of SAP HANA
The useful/center segment: SAP gives the different fund capacities and upgrades as a feature of
the utilitarian/center segment (Singh, 2017). You should be on at any rate SAP Net Weaver 7.4,
SAP ERP Central Component (ECC) 6.0 Enhancement Package 7, and SAP HANA adaptation
1.0 to have the capacity to think about a movement or move up to S/4HANA. A movement to
S/4HANA from ECC 6.0 is a useful redesign that includes the relocation of value-based tables.

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The introduction/client encounter (UX) segment: This SAP Fiori-based GUI part encourages you
to interface with the center segment through the easy to use Fiori screens. It requires SAP Net
Weaver 7.4 and SAP Gateway rendition 2.0. Note this is a discretionary part and you can
proceed with your current SAP GUI or Net Weaver Business Client as your UI.
The revealing/investigation segment: This segment empowers continuous announcing an
examination utilizing pre-bundled HANA Live perspectives. The requirements for establishment
are SAP HANA Live 1.0 for SAP ERP and SAP HANA. This too is a discretionary part.
Application part: This segment is an accumulation of logical applications in the Financials suite
to entering money related leaders in an endeavor (Syaiful,2017).
SAP Financial Accounting offers very outstandingly complex techniques for budgetary exchange
revealing and better treatment of records. Appropriate for experts burning of exceeding
expectations in the fields of bookkeeping and fund. The outside reports produced with the
assistance of SAP FICO are as a rule progressively used by banks, directors, Tax Authorities,
investors, and supervisors, in accordance with their particular prerequisites. SAP FI is in charge
of incorporating assorted modules and creating a solitary framework for the whole association.
Fundamentally, it draws information for outer detailing systems while its SAP Controlling
module accentuation on information for interior clients.
With the ability to satisfy all the bookkeeping and money related requirements of the association
SAP, FICO module enables monetary directors to get to a continuous budgetary position of the
organization. At ASPIRE SAP FICO course structure is outlined in such approach to fulfill
aptitude necessity of industry (Singh, 2017). You will get learning about records payables,
accounts receivables, resource bookkeeping, bank bookkeeping, solidification, general record,
stores administration, travel administration. In the SAP CO module you will be acquainted with
controlling region, cost components, ace records, cost focus bookkeeping, benefit focus
bookkeeping and exchange-based posting (Syaiful, 2017)

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Importance of SAP HANA implementation
Some time ago called Simple Finance, it joins two individual segments of SAP ERP Central
Component (ECC), in particular, Financial Accounting and Managerial Accounting, that
disentangle database tables containing essential data. The outcome is a quicker budgetary close,
and also accessible examination and dashboards that stream ongoing data for speedier basic
leadership. Surely, SAP S/4HANA Finance offers the accompanying highlights that might hold
any importance with CFOs:
All inclusive diary. The widespread diary section empowers quicker period-end compromise and
period-end shutting (Singh, 2017). It can do as such by joining the highlights and information
accessible in the Financial Accounting and Managerial Accounting segments of SAP ECC in a
one-line thing and with constant information.
Proficient in revealing. A disentangled database table holds all required monetary data and utilize
the information preparing intensity of SAP HANA to help guarantee continuous and exact
announcing Singh, A.K., 2017. This component likewise dispenses with the requirement for
group occupations and information replication in different frameworks, for example, business
knowledge.
Quickened money related close. With SAP S/4HANA Finance, CFOs and their groups needn't
stress over putting in evenings and ends of the week to guarantee the auspicious shutting of the
month to month, quarterly, half-yearly or yearly budgetary closes (Singh, 2017). The money
related shutting process is fundamentally enhanced, and the moment permeability of P&L
(benefit and misfortune) guarantees business choices can be made immediately, in light of
developing deals and monetary patterns.
Incorporated business arranging. A Microsoft Excel-based interface essentially decreases the
whole monetary arranging process by exchanging money related information, for example, cost
focus, benefit focus, inward request and P&L arranging from Excel into ECC for constant
announcing and to settle on educated business choices (Syaiful, 2017).
New resource bookkeeping. The new resource bookkeeping segment of SAP S/4HANA Finance
makes it conceivable to oversee parallel valuation of advantages utilizing the record and records

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approaches. It is never again important to record deterioration regions. Every one of frameworks'
postings is additionally now constant over all valuations.
Money administration. Supplanting the money and liquidity administration segment, the money
administration highlight oversees financial balance administration, here and now money position
and liquidity conjecture reports, and constant liquidity arranging, in this way taking into account
more tightly money administration for an improved working capital.
Financials announcing. This component replaces many SAP's customary penetrate down reports
that are famously moderate, as well as don't plunge sufficiently profound to give top to bottom
examination on vital money related key execution pointers.
Challenges faced by companies while migrating to SAP HANA by using a case study of
Ashapura Company
Introduction
. Ashapura Company was influenced by the SAP HANA management software as it is an
imaginative cutting-edge business stage that influences in-memory innovation to unite exchanges
and investigation, altogether expands the execution of uses, handles organized and unstructured
information, and empowers announcing without inactivity (Singh, 2017). Ashapura Group met
the following challenges.
Initial Steps – Budget, Business Case, Partnership
Key to any relocation undertaking would be the Business Case. Ashapura required utilize case,
regardless of whether it be an Integrated Approach or Side-Car approach, or Business Warehouse
on HANA migration would be fundamental to facilitate choices. The spending thought in light of
the business case ends up being a testing choice which could choose the destiny of the movement
venture. This has a reliance on various elements like Sizing, Infrastructure, Resources, Migration
Strategy and some more. Another test would settle on the group for executing of the undertaking.
This could be either an interior group or be depended with a confided in accomplice. Settling the
correct accomplice for the task cause without anyone else must experience a multi-organize
process for legitimate fitment. Keeping up a solid association with SAP will likewise be a key

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factor. Encourage on, the confided in accomplice would give administrations to interface SAP
for help.
Planning – Sizing, Infrastructure and Migration Strategy
Measuring the HANA machine turns out to be basic for any movement venture. Improved
measuring would guarantee expected execution. This would likewise guarantee requirements for
expected information development. In view of the estimating, the essential foundation should be
acquired. Key here is acquiring SAP Certified HANA equipment, which all the main equipment
accomplices are providing. Acquisition of the foundation should be possible straightforwardly by
the association or through the confided in accomplice. Measuring and Infra again is connected to
the Business Case and spending contemplations. All exercises should be performed in a very
much fit way for the smooth experiencing the relocation venture.
With the assault of Cloud innovations, another real test for associations is settle On-Premise,
Cloud or Hybrid methodology. This again relies upon the association's security contemplations
and framework support capacities. On-Premise would prompt the choice of either having a
devoted group for foundation upkeep or having you confided in an accomplice to have the infra
and give required support. There are likewise decisions for going on Cloud with HANA – either
Private or Public cloud. This would be founded on security contemplations. Another choice is to
have a half breed display set up.
With the infra set up, picking the correct movement system would be the following test. There
are large numbers of relocation instruments accessible with SAP for your movement venture.
Picking the standard movement devices or with new relocation, devices would be reliant on the
association's current scene and certain necessities. Choosing standard relocation technique would
put into impact a different advance process for movement. There are possibilities for utilizing a
solitary advance movement procedure utilizing Database Migration Option in Software Update
Manager (SUM) which would quicken the relocation venture. In view of the present scene
imperatives, the streamlined relocation procedure should be resolved, which will thusly clear
path for the real test – venture execution.
The Execution – Code Optimization, Cutover, Downtime

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With every one of the difficulties in settling on the correct choices and building squares set up
concerning Initial advances and Planning, next test would be the execution of the arrangement.
Numerous difficulties should be defeated amid the execution stage. From a specialized point of
view, essential for Unicode and Dual Stack split should be considered to continue utilizing the
picked movement procedure (Syaiful, 2017). When requirements are met, real movement
utilizing the picked relocation instrument is executed. As in any movement ventures, there will
be differently specialized compromises required for different items for fitment into the new
framework. Introductory movement is finished utilizing a sandbox to conquer all difficulties
regarding the specialized protests and to go ahead with the relocation of further frameworks in
the scene.
All required specialized articles are at first moved in the sandbox framework to note conceivable
difficulties. This would include both standard and custom items. Fitment of custom articles
would be a critical test for each movement with the goal that the association can hold the normal
usefulness. With the association of HANA in the scene, a noteworthy desire is that of higher
execution. When all items are effectively moved, the functionalities are tried to affirm the
execution. For added benefits, it is prescribed to perform Code Optimization. This will guarantee
that your code base is improved for best execution with HANA as the database and ensures the
normal execution levels for all applications(Vlasov, 2017).
Further to this movement exercises are performed in different frameworks like the Development
and Quality. In view of client acknowledgment in the quality framework for all functionalities
and procedures, the last test of moving your Production framework and making it accessible to
the association for utilization without significant obstacles is experienced. This is outrageous
where the significant test would be the cutover taken after by downtime. Cutover indicates the
change of every single urgent datum into the new framework. Over any association, the real
worry for any relocation venture is limit the downtime i.e., to make the Production framework
accessible to clients with no intrusion. It ought to be as consistent that the business ought not to
confront any issues incongruity. This is guaranteed by the base downtime approach. This
approach guarantees that the framework is accessible to business for use with least intermittence
or no brokenness.
Knowledge Transfer

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Parallel to movement exercises in Production framework, another test would teach and preparing
the staff on changes and to work and keep up the new framework. This would guarantee that past
Go-live appropriate handover occurs between the accomplice and the association. Learning
exchange is a fundamental test which should be tended to with the required preparing and
handover exercises Singh, (Singh, 2017). Past go-live, committed help is the following test
which the accomplice will give to amend and enhance any known issues to keep up the smooth
working of the framework.
Migration to SAP HANA – Conclusion
All difficulties noted at different periods of the relocation, however, being free exercises have
co-relations with each other. It is the smooth working of every one of the exercises fit
complicatedly as one single hardware which would guarantee the smooth change to the new SAP
HANA framework.
There has been a deluge of advancements in the SAP universe and past in light of SAP HANA,
which could extend from new client experience to enhanced execution to improvement in
usefulness et cetera. A portion of the new highlights that join moving to SAP Suite on HANA
would mean an improved client encounter using SAP UI5 innovation(Vlasov, 2017). SAP Fiori
applications guarantee effortlessness and portability of uses. Another additionally preferred
standpoint of having diagnostic applications connected with constant information, SAP Fiori
applications are appropriate for all business clients. Subsequently, relocating to HANA isn't
synonymous like some other database movement. This would additionally mean receiving and
actualizing to the developments, which will prompt execution support, the disentanglement of
procedures, constant information preparing, incorporation of versatility and that's just the
beginning.

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Case Study A Giant Global ERP Implementation Vodafone:
Vodafone Group PLC is the biggest portable specialist organization by income on the planet,
with 400 million clients crosswise over Europe, the Middle East, Africa, Asia Pacific, and the
United States. In 2013, it had incomes of $64.6 billion and in excess of 86,000 representatives
working in more than 30 nations. Since its establishing almost 30 years prior, the business has
encountered remarkable development, to a great extent by setting up neighborhood working
organizations that give items and administrations to their nearby markets.
Thus, the organization was exceptionally decentralized, lacking normal practices, incorporated
activities, and information sharing among its different working organizations. The greater part of
Vodafone's portable auxiliaries worked as free organizations with their own business forms.
Vodafone was a system of individual organizations, yet it needed to work more like a solitary
worldwide firm to better manage aggressive weights. Administration required a noteworthy
business change to get this going (Singh, 2017).
In 2006, Vodafone's governing body affirmed the "Advancement Vodafone" Business
Transformation Program" (EVO) intended to refashion Vodafone into a really worldwide
organization, with a brought together shared administrations association and normal overall
business forms in accounts, HR, and store network administration for the greater part of the
working organizations. (Shared administrations alludes to the combination of business tasks that
are utilized by various parts of a similar association with a specific end goal to diminish expenses
and excess.) A typical SAP ERP framework would give the innovation stage to these
progressions by supporting data sharing and basic business forms that would rearrange and
accelerate work all through the organization. Extra programming instruments from Informatica,
OpenText, Readsoft, Sabrix, Redwood, HP, and Remedy that could coordinate with SAP were
added to the blend.
Vodafone's framework ended up being one of the greatest SAP ERP usages on the planet. How
did Vodafone pull it off? As a matter of first importance, Vodafone's administration understood
the organization needs. It enrolled the counseling firms Accenture and IBM to give aptitudes and
administrations that this aspiring task required and which were not accessible inside the
organization.

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The organization put in multi-year recognizing and outlining its new business forms and building
up the extent of this venture. The administration group needed to restrain dangers to non-client
confronting forms that were all things considered imperative wellsprings of significant worth for
the firm. Client confronting front-end forms were prohibited from the primary period of the
rollout to keep the change more reasonable.
Acquirement was focused as the main arrangement of procedures to be changed utilizing the new
ERP framework. Vodafone had been enabling every one of its nearby organizations to deal with
its own particular acquisition, which kept it from utilizing the huge buying power the
organization could acquire by overseeing associations with material and administration providers
from a solitary substance. By creating funds from brought together obtainment, the change
undertaking would have the capacity to rapidly demonstrate an arrival on speculation and win
additionally bolster. Vodafone did not build up a brought together obtainment office but rather
made an incorporated acquirement organization situated in Luxembourg that uses the SAP ERP
stage.
The greater part of the organization's spending experiences this focal association. Providers
advantage in light of the fact that the framework causes them to design their deals with Vodafone
and they just need to work with a solitary buyer rather than many(Vlasov, 2017). This better
approach for working together incorporated another buy to-pay process in which solicitations are
endorsed naturally for installment by coordinating them with buy requests and receipts.
Once the new obtainment process and association were running, Vodafone began making a
concentrated shared administrations association in view of the SAP ERP framework. It chose
Budapest, Hungary as the pilot area for this new course of action. Vodafone Hungary is a
medium-sized organization with 2,000 representatives with a little IT stage in light of Oracle
programming. This made Vodafone Hungary more responsive to changing its data framework
and business forms than Vodafone associations in bigger nations, and Hungary had just been
utilizing Oracle frameworks. There, Vodafone constructed a whole shared administrations
association sans preparation while all the while executing the SAP ERP framework. Vodafone at
that point set up two more shared administrations associations in India running on SAP.
After Hungary, Vodafone actualized the new obtainment process and SAP programming for its
German working organization. Germany is Vodafone's biggest market and records for in excess

Computerized Accounting .11
of 20 percent of Vodafone's aggregate income. Vodafone Germany is a substantially bigger
association than Vodafone Hungary, with 13,000 representatives, more than 130 nearby
inheritance frameworks, and numerous altered business procedures to supplant. Work
propensities were all the more profoundly settled in, and Vodafone experienced some worker
opposition as it endeavored to actualize the new frameworks and procedures. To limit chance,
Vodafone utilized a staged, incremental execution, completed an enormous measure of testing,
and made all the essential framework alterations before the framework went live. Exceptional
help groups were dispatched to work with every one of the representatives influenced by the
change. These endeavors helped address issues and representative opposition before they
escaped hand. Once the German usage was esteemed fruitful, Vodafone revealed the new
framework at numerous all the more working organizations, organizing the executions in light of
each working organization's size, multifaceted nature, and eagerness to change.
No two rollouts continued in a similar way on the grounds that each working organization had
novel difficulties and requests. A significant number of these organizations had developed
quickly and had various inheritance frameworks in view of neighborhood necessities. There were
expansive quantities of clients, interfaces, and legitimate necessities to manage. Vodafone's
undertaking group needed to adjust the need to continue quickly with the need to guarantee that
the framework was actualized precisely (Vlasov, 2017)
Vodafone's usage design required a center task group to visit every individual working
organization and actualize the new procedures privately, helped by a frameworks integrator and
neighborhood assets. Neighborhood groups and senior administration met with the worldwide
groups, IT specialists, and nearby IT sellers in an inviting domain to energize learning sharing
and receptiveness to change. The accomplishment of each rollout depended on various elements,
including the number and many-sided quality of every unit's heritage frameworks, the abilities of
every nearby task group, and the readiness of every neighborhood association to grasp change.
Vodafone enrolled the administrations of the worldwide counseling firm Accenture to furnish
aptitudes where required and help with change administration in the nearby organizations. After
some time, the Vodafone venture group and the Accenture advisors figured out how to tailor
their exercises to the requirements of each working organization. For instance, if no agents from
a working organization appeared for the venture dispatch meeting or they went to, however,

Computerized Accounting 12
demonstrated little intrigue, the task group realized that organization may be less agreeable. In
such cases, the undertaking would require more assets and consideration.
The undertaking group additionally must be delicate to nearby patterns as framework rollouts
occurred. For example, if a working organization was situated in a nation encountering monetary
downturn, its representatives may be more impervious to the rollout. Some may see a noteworthy
business and innovation change as a change in their circumstance, while others may consider it
to be something else to adapt to amid an extremely upsetting time.
As it completed the process of revealing the framework to its staying working organizations, the
Vodafone venture group utilized what it had figured out how to make upgrades to its prior ERP
usage. For instance, testing and representative input uncovered that more consideration ought to
be paid to ease of use. Along these lines, the task group improved the framework's interfaces to
make them more easy to understand.
Given the idea of the business, Vodafone's administration needs around 80% of the
organization's inside exchanges to happen on a cell phone. As per Niall O'Sullivan, Vodafone's
Global Finance Transformation Director, administration trusts portable applications will be a
noteworthy favorable position in driving consistency, expanding convenience, and diminishing
protection from the real procedures themselves. The objective is to have most by far of client
cooperations with the framework happen on a cell phone. As indicated by O'Sullivan, portability
gives simple access to representatives who don't regularly draw in with the SAP framework, so
more workers are utilizing the framework. The more individuals utilize the framework, the more
noteworthy the arrival on speculation. More than 60,000 workers around the globe currently
utilize the new framework, with 80,000 expected before the finish of 2014.
Vodafone is currently revealing a portion of its endeavor applications for cell phones, thus far,
four have been chosen (Varma, 2017). The first to go portable was a movement and cost
revealing application. Workers can take a photograph of their receipts and get repaid without
utilizing any paper, and they can issue or affirm demands for leave on their cell phones all at one
time. This application has decreased the time required to record travel costs from 30 minutes to
10 minutes, with 7,500 cost claims documented every week, bringing about 300-man-days'
potential reserve funds every week. Vodafone's future versatile plans require the improvement of

Computerized Accounting .13
a portability gateway and the coordination of endorsement applications with the fund, HR, and
electronic sourcing.
Vodafone's business procedure change and ERP framework have expanded business
effectiveness and created yearly cost investment funds of $719 million. The aggregate cost of
proprietorship (TCO) of data innovation has been brought down. All through the world,
Vodafone has a predictable method of working and a more bound together hierarchical structure.
Getting the different working organizations to think and act all the more consistently and to
receive a common administration display has created benefits that are not instantly quantifiable,
but rather should prompt further gainfulness over the long haul (Khan, 2017)
Conclusion
The computerized accounting has really changed the monetary handling since every organization
is looking forward to using the latest Financial and accounting techniques. It is true that, not only
in this section only that technology is growing but the whole of organizational structure. SAP
HANA is one of the most important software that really changed the world. Mony is the driver of
the economy. Therefore, every move taken to improve the monetary system in the world, save
time, increases profitability for organizations, boosts accuracy and the companies reputation
improved. Thank you to the companies that are there to make everything easier and easier and
improve the economic progress. Time is money as they say.

Computerized Accounting 14
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