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S/4 Hana is first and foremost a great Data Model Simplification
Total tables such as FAGLFLEXT, COSS COSP.. and secondary indices such as BSID, BSIK… are now obsolete and the Universal Journal now provides “One source of truth”
Thanks to this new Data Model, Business process such as FI-CO / FI-AA Reconciliation is also becoming obsolete
Many other improvements are noticeable such as a new type of ledger “Extension Ledger” the merger between cost elements and GL accounts
New Asset Accounting also considerably improves parallel accounting
Hundreds of Sap Fiori Apps are now available for transactions and analytics to provide a real new user Interface
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