SAP eXperience Day SAP S/4HANA Cloud: l’ERP as a Service - 21 febbraio 2018
SAP S/4HANA Cloud for Finance Compliance as a Service
Giuseppe Lillo, Presales Specialist, SAP
5INTERNAL© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ
New leasing standards
released by
FASB and IASB
New Leasing regulations to add $3tn of leases to balance sheets globally
$3
trillionof lease commitments will
come onto the balance
sheets of affected
companies*
Operating leases can no
longer be treated as "off
balance sheet".
Every IFRS and US-GAAP
reporting company will be
impacted
* Source: Financial Times
6PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Significant Changes for Balance Sheets
IAS 17 IFRS 16
Finance leases Operating leases All leases
Assets
Liabilities $$$$
Off balance sheet rights / obligations
$$$$
7INTERNAL© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Cloud for Contract &
Lease Management
Contract
typesLease-in Lease-out Service Contract
Sublease *
S/4HANA Cloud for Contract & Lease Management: Contract types
* Planned for 1802
➢ S/4HANA Cloud for Contract & Lease Management helps
customers standardize their Lease-in, Lease-out and Service
contract management activities
➢ Planned for 1802: enablement of Sublease contracts*
* enabling intercompany and external leasing scenarios to
support comprehensive and complex leasing processes that
comply with the new regulations.
• Lease contracts describe contractual agreements between two partners: the Lessor and the Lessee.
• The lessor is the owner of an asset, the lessee has a right of use asset during the period of time agreed in the lease contract.
• For the use of the asset, the lessee must pay lease payments, which are agreed in the lease contract.
Contract
objectReal Estate, Machinery, Equipment, Vehicles,
Computer hardware, etc
➢ Covering real estate, as well as machinery, equipment, vehicles
and computer hardware.
➢ Additional contract attributes can be defined by customer
8INTERNAL© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ
S/4HANA Cloud for Contract & Lease ManagementIntegrated Leasing Scenario
▪ Classification and evaluation rules
▪ Calculate and report on net present value, depreciation, repayment and interest rate
▪ Change management / Re-valuation
▪ Support transition scenarios
▪ Create / Link to fixed assets
Valuation and Classification
▪ 5 different lease types for lease in, lease out and service contract
▪ Leasing partners
▪ Top 10 predefined types of contract items
▪ Terms and conditions for notice and renewal options (validity)
▪ Lease payment cash flow with full integration
▪ Critical dates and reminders
▪ Document management
Contract Management
▪ Multi-GAAP enabling (IFRS, US GAAP, HGB)
▪ Manage right-of-use assets and liabilities
▪ Customer / Vender accounting
▪ Post depreciation and repayments
▪ Lease payments
▪ Controlling / Profit center accounting
Multi-GAAP Posting
BUSINESS PARTNER
LEASE CONTRACT
LEASE CONTRACT
LEASE CONTRACT
GL Posting
GENERAL LEDGER
ASSET ACCOUNTING
RoAMasterdata
GL Posting
GL Posting
Credit: Accumulateddepreciation
Journal Entry
API
CONTRACT & LEASE MANAGEMENTAdd-on
RoA
Debit: RoACredit: Finance Lease Liability
Credit: Finance Lease LiabilityDebit: Interest Expenses
Credit: Lease Reconcil AccountDebit: Finance Lease Liability
TIME 1
TIME 2
CONTRACT DIGITIZATION
ACCOUNTS PAYABLE
Debit: Depreciation
CORE ERP S/4HANA CLOUD
PROCUREMENT
UNIVERSAL JOURNAL
13© 2018 SAP SE or an SAP affiliate company. All rights reserved.
Thank you!
Giuseppe Lillo
Presales Specialist, SAP S/4HANA Cloud, SAP
M: +39 3428650133