What's New

In addition to general editorial changes and corrections, this release of the documentation contains the following main changes included in the release of 2023.R4:

  • Financial Organization Structure can now be configured with Provision accounts for lessee contracts to accrue balances on certain dates based on payment amounts, which are then reversed by the actual payment amount on the payment date.
    • A new Company Financial Setting has been added, called "Provisioning", which allows users to configure Provision accounts under a new Provisioning classification under the main accounting standard.
    • The following Account Determination tables (as well as all relevant accounts in the Relations section) must be configured for the "Provisioning" Lease Classification Type: 
      • Lessee Account Determination
        • The following Account Types have been added to the Relations Account Mapping:
          • Provision Lease
          • Provision Lease Expense
          • Provision Lease Clearing
      • Non Lease Lessee Account Determination
        • For provision non-lease postings, the application uses the Non Lease Accrual Account in the Expense Category Account Mapping table in the Relations section. If it is not configured, the Non Lease Accrual Default Account in the Non Lease Lessee Account Determination table is used.
        • For provision non-lease expenses, the application uses the Non Lease Accrual Expense Account in the Expense Category Account Mapping table in the Relations section.
        • For provision non-lease clearing postings, the application uses the Non Lease Accrual Clearing Account in the Non Lease Lessee Account Determination table.
      • The Vendor General Ledger Determination table has been updated with a new column "General Ledger Payable Account Provisioning" for provision payment postings when Generate Vendor Invoice is selected in the contract.
      • In the Relations section of the Document Type Determination, the "Provisioning" Posting Document Type has been added, and can be configured if required.
      • In the Relations section of the Transaction Type Determination, the "Provisioning" Transaction Type has been added, and can be configured if required.
  • In the Non Lease Lessee Account Determination table, a new column "Non Lease AP Clearing Account" has been added to the Expense Category Account Mapping in the Relations section. If separate accounts are not configured per expense category, the application uses the Non Lease AP Clearing Account in the Determination table as default.

    Note: The new configuration will only apply to new activation groups, or to existing activation groups once the schedule is regenerated.

  • A new General Setting "Disable Unit Workflow" has been added to allow users to determine whether the unit workflow is mandatory before activating an activation group. By default, this setting is disabled.
  • A new System Financial Setting "Send Profit Center to SAP for Balance Sheet GL Accounts" has been added, but is disabled by default. When this setting is enabled, then for all subsequent postings to Balance Sheet GL accounts, Nakisa Lease Administration stores the Profit Center (if it was set), which can then be sent by Nakisa SAP Posting Bot to SAP. Note that if Cost Center Allocation is enabled and there are multiple Cost Centers and Profit Centers defined in the contract, the application stores and sends the main Profit Center to Balance Sheet accounts.
  • The following updates have been made to secondary cost objects master data tables:
    • When Profit Center is synced, Financial Organization Structure now creates one Profit Center object per Controlling Area (with the same Display ID).
    • In the Cost Center table, only one Profit Center can be attached per period.
    • When Network is synced, there is now a relationship between Network and Plant created.
    • When WBS is synced, there is now a relationship between WBS and Controlling Area.
    • When Internal Order is synced, there is now a relationship between Internal Order and Controlling Area.

    Note: You must re-sync the Profit Center and Cost Center tables, as well as Network, WBS, and Internal Order if these objects are used.

  • The Payment Method table now has the new "Payment Method" column to ensure that the relation between Company and Payment Method uses the correct Country.

    Note: You must re-sync this table if you have existing data.

  • A new "Decommissioned" status as been added to configuration table entries, allowing users to disable and edit entities.
  • The "Indexed Currency" and "Asset Value Currency Type" Company Financial Settings have been removed from Financial Organization Structure and can now be configured in Nakisa Lease Administration Default Field Values Configuration.
  • Users can now see descriptions of settings in informational tooltips in General Settings, Company Financial Settings, Posting Period Control, and System Financial Settings.
  • In all job creation pop-ups, users can now search and filter the Profile list to more easily select the required ones.
  • In Import/Export Information > Import, the following updates have been made for the ERP Master Data category: 
    • Users now have the ability to map a Partner to a Partner Contact. In the Import job, there is now an option to import "Partner to PartnerContact" data, and the sheet "Partner to PartnerContact" has been added to the Excel template.
    • In the Partner Contact table in Nakisa Master Data, only the Display ID needs to be unique across entries.
    • "Controlling Area Display ID" has been added as a mandatory column in the CostCenter to ProfitCenter sheet.
  • The Audit Log now only stores up to three months of data. Records that are older than three months are archived, but can be accessed with the new Audit Log export feature.
  • Financial Organization Structure now integrates with S/4HANA Edition 2022.

Financial Organization Structure 2023.R4 © 2023

 

 

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