Welcome to the latest updates in Integrated Financial Planning with Q1 2023 release of SAP Analytics Cloud for SAP S/4HANA Cloud & on premise systems.

If you missed my earlier blog post on Integrated Financial Planning in SAP Analytics Cloud, you can get a recap with the below links –

Integrated Financial Planning – Introduction with Hybrid ERP

What’s New in 2021 – Simulation Cockpit and Workforce Planning integration

What’s New in 2021 – SAP IBP integration 

What’s New in 2208 – Predictive Accounting Integration and more

Financial Statement Target Reporting and Analytics Stories

The new Financial Statement Target Planning story allows you to plan across co codes in Group currency. We have 2 new associated stories Financial Statement Target Reporting & Financial Statement Target Analytics in Group Currency across company codes.

Allocate Residual Cost Story

You get new story to allocate residual cost from cost center to profitability.

Overhead cost can be allocated to specific plant/product.

End to End Story

This story provides an example of end-to-end process that demonstrates the key functionality of Integrated Financial Planning. It provides selected pages of IFP stories to help users understand how the content can be used in integrated way.

Planning Guidance –

1. Perform Create Sample Data to clean-up the models versions and create sample data.
2. Perform End-to-End Sample Process to copy Actuals into the Plan version.

Hope you like these new innovations. Do let me know your views and if you have any queries by writing in the comments section below.

Some key references to accelerate your Integrated Financial Planning journey in SAP Analytics Cloud-
• For important highlights in Integrated Financial Planning in current release refer to Integrated Financial Planning
• For Setting up Import Connection between SAP S/4HANA Cloud and SAP Analytics Cloud, refer to Blog post

• SAP Note 2977560 – Integrated Financial Planning for SAP S/4HANA with SAP Analytics Cloud

More Information on SAP S/4HANA Cloud, public edition –

• SAP S/4HANA Cloud, public edition release info here
• Latest SAP S/4HANA Cloud, public edition release blog posts here and previous release highlights here
• Product videos on our SAP S/4HANA Cloud, Public Edition and SAP S/4HANA YouTube playlist
• SAP S/4HANA PSCC Digital Enablement Wheel here
• Early Release Webinar Series here
• Inside SAP S/4HANA Podcast here
• openSAP Microlearnings for SAP S/4HANA here
• Best practices for SAP S/4HANA Cloud, public edition here
• SAP S/4HANA Cloud, Public Edition Community: here
• Feature Scope Description here
• What’s New here
• Help Portal Product Page here
• Implementation Portal here