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Was purchase accounting replaced by new functionality in S4HANA?

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.

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  • Posted on 2 days ago

    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.

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