This expertly written guide provides business users, IT users, and SAP consultants with an overview of key closing concepts and detailed insights into how to implement SAP S/4HANA Cloud for advanced fi nancial closing (AFC) utilizing the capabilities of SAP Business Technology Platform (BTP) to meet month-end closing requirements. Explore SAP S/4HANA closing concepts for advanced financial closing (AFC), focusing on three key aspects—the “What”, the “Why” and the “How”—of month-end closing activities. Take a look at key functionality and learn how to use different AFC Fiori apps on SAP BTP to define a global template, execute closing activities, and monitor and analyze the entire closing cycle in real-time using a Fiori-based dashboard and reports. Explore how to use configuration apps to enable user roles, authorizations, system access, and end-to-end orchestration of closing activities between AFC and financial backend systems such as SAP S/4HANA. Examine some key points to consider during an AFC implementation, including examples and a roadmap for the future. Using screenshots and examples from the field, the author covers: Global template design and setup Analytics and reporting Confi guration and user management AFC Implementation at a glance
