Was purchase accounting replaced by new functionality in S4HANA?

[i009781]

I'm helping a customer research Purchase Accounting for S/4 HANA. Purchase accounts help you get the details of all the purchases made in a period, typically required to some legal reporting in these countries companies need to present a purchase ledger for statutory reporting. Purchase accounting is a legal requirement for Roman countries like Belgium, France, Portugal, Spain.

Most of the documents regarding Purchase Accounting are very dated ( 2004, 2007, 2011, etc ) or within the Business by design topic. Is there a new feature or function that helps S4 HANA customers manage the details of their purchases throughout the year for countries like France and Belgium? I don't see many recent documents or threads regarding Purchase Account Posting.

Thank you in advance for any insight you can lend.

[Ajeet]

Hi Peter

My understanding is Purchase accounting is still valid in S/4HANA and this functionality works as it was in ECC & I did not find any where that this purchase accounting has been simplified with S/4.

I also find this blog which you can find useful & would suggest you to test one small scenario to make sure this meets the customer expectations.

https://blogs.sap.com/2013/09/19/purchaseaccountinginsap/#:~:text=Purchase%20Accounting%20in%20SAP%2....

Thanks

[i009781]

Thank you very my much. I found the same 2013 blog and even a 1 page overview from our help website.

Thanks again for your help. Have a great week.