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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. will remain activated “ Assign the FIORI Business Roles to the user.
SAC can import master data (like GL accounts, company codes, cost centers,…) and transactional data (like actuals in table ACDOCA) from SAP S/4HANA. Plan data from classic planning tables that are maintained with classic planning transactions (KP06, KP26,…) are not displayed in the new Fiori Apps.
The ETO-process provides full costs and revenue insights at project level for a valued project stock scenario and supports project profitability analysis based on event-based revenuerecognition and event-based product costing solutions. Thus, it sets the foundation for integration and extension scenarios.
Besides basic compliance requirements for business borrowers such as appraisal requirements, junior reviewers also need to be aware of accounting issues affecting borrowers—revenuerecognition, lease capitalization, current expected credit loss, and troubled debt restructuring.
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