8/24/22, 3:03 AM New Book on SAP S/4HANA Cloud for Advanced Financial Closing | SAP Blogs

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Maximilian Koebler
August 23, 2022
| 2 minute read

New Book on SAP S/4HANA Cloud

for Advanced Financial Closing

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Dear Finance Experts,

 Like
If you are interested in a structured introduction to SAP S/4HANA Cloud for
advanced financial closing, or a reference book that provides a holistic overview
 RSS Feed of SAP’s strategic closing orchestration solution we have good news for you:
Together with Rheinwerk Publishing and TruQua we just released a new book
“Introducing SAP S/4HANA Cloud for Advanced Financial Closing (AFC)“.

Who is the target audience of the book?

Our new book is intended for readers who want to familiarize themselves with the
business context, capabilities, benefits and implementation of AFC. This
comprises decision makers within the finance departments and also process
owners and product managers, especially focusing on Record-to-report and
financial close topics. Typical readers could also be consultants, key users,
project members and end users of AFC.

What does the book cover?

With 92 pages of packed knowledge, the book focuses on providing a broad
overview of AFC. It does not explain each screen and checkbox of the user
interface, but ranges from basics like the architecture, integration and release
process, the main functionalities and applications within the solution up to
recommendations for initiating an implementation project and running AFC
productively. Also, the book contains an outlook into the future product direction
and how to stay current, which is quite important with this fast-paced SaaS
solution that provides new features every month.
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8/24/22, 3:03 AM New Book on SAP S/4HANA Cloud for Advanced Financial Closing | SAP Blogs

Table of contents
1. Advanced Financial Close Basics: Introduction to financial closing and
related terms, key capabilities, system landscape, connectivity options,
architecture
2. Design Your Financial Close: Organizing the close process, shared services
and operating models, project team organization
3. Run Your Financial Close: All AFC functions around managing, processing
and approving closing tasks
4. Dashboards and Reporting: All AFC functions around embedded analytics
and close monitoring, setup of reporting characteristics to reflect
organizational specifics
5. Initiating Your Financial Closing Project: From the tenant provisioning
process to user management, configuration and change management
6. Future Innovations: Insights into the big innovations on the AFC roadmap
and how to stay current.

What does it look like?

How can you get the book?

You can find more information on the book including the possibility to purchase
here – the book is currently only available as E-Book, but at some events like
SAPInsider or the International Conference on Financial Close and Reporting, we
will bring print copies with us.

What are you waiting for?

This book provides you with a clearly structured overview of AFC. Whether you
need a comprehensive introduction, or a reference that covers the most
important product capabilities and lifecycle aspects, this book may be exactly
what you are looking for!

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8/24/22, 3:03 AM New Book on SAP S/4HANA Cloud for Advanced Financial Closing | SAP Blogs

Thank you for taking the time and reading this blog post.

For more information about SAP S/4HANA Cloud for advanced financial closing,
check out the following links:

SAP Community Page for Advanced Financial Closing: here

SAP Help Portal for AFC: here
AFC in the SAP Roadmap Explorer: here
SAP.com page about AFC: here

Follow us via @SAP and #AdvancedFinancialClosing, or myself via Maximilian

Koebler or LinkedIn.

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Assigned Tags

Advanced Financial Closing

FIN (Finance)

SAP Financial Closing cockpit

SAP S/4HANA Cloud

SAP S/4HANA Finance

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