SAP FPSL is a sub-ledger solution for financial instruments and insurance contracts that differs significantly from the previous sub-ledger scenarios, mainly due to its much stronger business orientation and the higher degree of standardization of the accounting process model.
With SAP FPSL, SAP AG has launched a sub-ledger solution for financial instruments and insurance contracts that differs significantly from the previous sub-ledger scenarios, primarily due to its much stronger business orientation and the higher degree of standardization of the accounting process model.
ANALYSIS & DESIGN
Analysis of the finance environment and design of a FPSL finance concept
Implementation of the central financial software FPSL Finance
PROCEDURE MODEL FOR MIGRATION FROM CLASSIC AFI TO SAP FPSL
In 2018, SAP launched the new SAP S/4HANA for financial products subledger (FPSL) subledger solution as a successor to the previous Classic AFI solution.
Due to the SAP roadmap, a changeover to FPSL will be necessary, as Bank Analyzer will be phased out of official maintenance in 2025 and its functions will be distributed to new modules (SAP’s own or from third-party providers).
As an expert for SAP accounting solutions, we at ADWEKO developed a process model at an early stage, which provides the customer with the best possible benefit from the migration to FPSL and greatly reduces the largest technical and functional effort drivers.
For the solution, ADWEKO methodically relies on a test-driven development of prototypes using the SAP standard already in the phase of a preliminary study. From this, important bases for decision-making for the implementation or migration project can be derived, which significantly minimize the implementation risk. With the prototypes, the preliminary study is detached from theory and practical problems or customer-specific pitfalls can be identified and evaluated at an early stage. This procedure is well established and has already significantly simplified the planning of the SAP FPSL implementation for an ADWEKO customer. As with the prototype, the entire procedure is strongly results-oriented and relies on a high degree of automation in all areas. ADWEKO offers a number of “accelerators” for this purpose, which significantly simplify project progress: