The first half of 2022 is not yet over and we’ve already seen a bunch of innovations inside of Advanced Financial Closing, such as a completely new Manage Closing Task Lists app ( AFC 2.0), a greatly enhanced Manage User Groups app (AFC 2.1), an enh...
Dear finance experts,
with the latest update of the SAP ERP connector 1.0 for SAP Advanced Financial Closing (AFC), you can now benefit from pre-content for SAP ECC backend systems. This will help you accelerate your implementation project and provi...
Background:
AFC is a financial close solution that brings a high level of automation into the process. One of the key features of AFC is the ability to automatically trigger, execute, and report back on the execution of ABAP programs and jobs. Did yo...
Background:
The optimal design and setup of the financial close process is highly dependent on the customer’s size, industry, systems landscape, localizations, and organizational structures. Some AFC customers have a strong central team that takes ov...
How can I report planned depreciation by Profit Center or any Cost Accounting dimensions?
Issue / Observation:
You have called up the Asset History Sheet with key figure group Asset History Sheet (Plan Values, No Hierarchy) (AHS_PLAN) or the Asset Ba...
Hello,you can create the task specifically for a particular T-code as follows: Transaction Codes can be maintained in Advanced Financial Closing just by assignment them to Task Models of Type Fiori App. AFC will render the transaction as Web-Gui app...
Hi Abhinay,there is still no migration tool for FCC to AFC available yet, the answer given by my colleague Max above is still up to date.Best wishes,Michel
Hi Torsten, Thomas comment and suggestion reflects the current capabilities and constraints of AFC very well. I consider his proposal as a kind of best practice. If on the other hand you disagree and see the described functionality as an important or...
Hi Torsten,thanks for raising your follow-up question. It illustrates the use-case you've in mind. The application behaves as follows: if you're adding new Tasks to a Task List in status Paused, then it's not automatically added to the template. If y...
Dear Debashish,thanks a lot for raising this important question. Indeed AFC is well suited to orchestrate not only the financial close but also the sustainability reporting and thus the ESG suite of SAP. We'll be working on more definite statements ...
