Finance process design (FI/CO)
General ledger, accounts payable and receivable, asset accounting, bank accounting, cost and profit centre accounting and product costing, designed around the chart of accounts and reporting needs.
SAP, led fromthe finance side.
SAP S/4HANA, ECC and Business One engagements led by a chartered accountant and former banker: finance process design, FI/CO, Indian tax localisation, S/4HANA migration, period-end close, audit analytics and integration with the rest of the business.
What gets done
SAP across the finance lifecycle.
Covers SAP S/4HANA (on-premise and RISE with SAP), SAP ECC and SAP Business One.
GST, TDS & e-invoicing
Tax codes, GST and withholding tax set-up, e-invoicing and e-way bill integration, and GSTR reconciliations from SAP data.
S/4HANA migration: finance
Chart of accounts mapping, Universal Journal readiness, migration of open items and balances, and reconciliation of migrated data before sign-off.
Procure-to-pay & order-to-cash
Finance integration with MM and SD: three-way match, GR/IR clearing, credit management and clean customer and vendor ledgers.
Banking & treasury
Payment runs, bank communication and payment files, electronic bank statement upload and automatic bank reconciliation, designed by someone who has worked inside a bank.
Period-end close
Month-end and year-end close, accruals, intercompany reconciliation and financial statement versions for statutory reporting.
Audit & controls
Segregation of duties review, journal entry testing, duplicate payment checks and IT general controls support for statutory and internal audit.
Reporting & analytics
Fiori apps, embedded analytics and Power BI on SAP data, reconciled to the trial balance.
Integration & automation
Power Automate and Power Apps connected to SAP through OData, BAPIs and the SAP ERP connector, and document automation feeding SAP postings.
Engagement model
Finance design first, configuration second.
Most SAP problems in finance are not technical. They are a chart of accounts that cannot produce the reports management needs, tax codes set up inconsistently, reconciliations that never tie, and controls that exist only on paper.
Engagements therefore start from the finance side: how the books must look, what tax law requires, what auditors will test and how the bank will receive payments. The system is configured to match that design.
Engagements are led by CA Vishal Agarwal on finance, tax, controls and banking. Module configuration, ABAP development and technical integration are carried out by experienced SAP functional and technical consultants engaged for each engagement, working to the finance design.
Technology
SAP S/4HANARISE with SAPSAP ECCSAP Business OneFI / COMM & SD integrationFioriOData / BAPIe-Invoicing (IRP)Power AutomatePower BI
Engagement
How an engagement runs.
Finance assessment
Review of the current SAP set-up, chart of accounts, tax configuration, reconciliations and close process.
Design
Finance blueprint covering processes, tax, controls, reporting and bank integration.
Configure & build
Configuration and development by SAP consultants, working to the finance design.
Test & reconcile
Test cycles in which every balance and report is reconciled before sign-off.
Go-live & support
Cut-over, first period-end close and post-go-live support.
FAQ
Common questions.
Which SAP versions are covered?
SAP S/4HANA (on-premise and RISE with SAP), SAP ECC and SAP Business One.
Do you handle full SAP implementations?
Engagements are finance-led. They cover FI/CO and the finance side of implementations, rollouts and migrations. Module configuration and development are carried out by experienced SAP consultants engaged for each engagement, with the scope agreed at the start.
Can you help with an ECC to S/4HANA migration?
Yes, on the finance workstream: chart of accounts and Universal Journal design, migration of balances and open items, and reconciliation of migrated data so the opening position in S/4HANA is correct.
Is GST e-invoicing handled in SAP?
Yes. That includes e-invoice and e-way bill integration with the government portals, GST and TDS tax code design, and reconciliation of SAP data with GSTR-1, GSTR-2B and GSTR-3B.
Can SAP be connected to Power Platform?
Yes. Power Apps and Power Automate connect to SAP through the SAP ERP connector, OData services and BAPIs, for approvals, data capture and automated postings. See Power Platform & Dynamics 365.
Related
Other systems work.
Rendered by Vishal Agarwal & Co, Chartered Accountants, as Management Consultancy Services within the scope permitted for members in practice by the Council of the Institute of Chartered Accountants of India.