WALK AWAY FROM THIS SESSION WITH AN UNDERSTANDING OF MIGRATING TO S/4HANA FINANCE.
One of the key tasks when migrating to S/4HANA is to convert your Financial data from the old tables in ECC to the new tables (particularly the Universal journal) in S/4HANA. This process usually takes place after the technical upgrade from ECC to S/4 and is done during a downtime period. It involves a series of transactional steps that are executed in sequence, with progression to the next step only possible when a previous step has been executed successfully or confirmed. Several iterations of a Finance Migration need to be done in a Sandbox (or test) system in order to resolve any issues that arise. This will therefore make the eventual Production migration smoother and easier to accomplish during the downtime window. It is therefore important to know what steps are carried out and the types of errors that could occur.
· The premigration steps that should occur before the S/4HANA Finance Migration
· How to execute and step through the data migration
· The errors that could occur during migration and how to resolve them
· The Post Migration steps that should be carried out
· The relevant SAP Notes that should be referred to for any errors during the migration
Watch the Recorded Webcast:
Q & A from the Webcast:
Q: How long is a typical S4/HANA migration?
A: It depends, but is normally 6 months or longer.
Q: Are there any modules or business functions that need to be activated before converting to S4/HANA finance?
A: Material Ledger is a mandatory module, and will be activated as part of the Financial Conversion. 2 business functions that are normally needed are Enterprise Extension EA-FIN and New Asset Accounting FIN_AA_PARALLEL_VAL.
Q: If you do not use credit management, do you still need to perform the credit management migration?
A: You can execute the basic steps but do not need to do any configuration.
Q: Does the S4/HANA migration also activate Fiori?
A: Fiori is usually enabled separately, but should be done as part of the project because some new functionality only exists in Fiori.
Q: If you are already on simple finance, would you still need to do the migration on S4/HANA?
A: Yes you will still need to do a migration, however, certain steps such as “Preparation and Migration of Customizing for general Ledger” do not need to be carried out.