Academy · Finance · 400 Expert
Financial Data Migration Reconciliation and Sign-Off
Expert course on proving that migrated financial data is complete and accurate, for both a system conversion and a new load into SAP S/4HANA: what must reconcile, how to set tolerances against audit materiality, how to reconcile with totals, three-way comparisons and samples, how to classify and resolve differences, how finance signs formal data acceptance as a go/no-go input, and how to keep an audit pack that answers the external auditor's questions.
- 59 minutes
- 6 lessons + quiz
- Finance Practitioner, Process Owner
What you’ll be able to do
- Plan reconciliation for balances, open items and assets
- Define tolerance and materiality rules for differences
- Use load reports and reconciliation reports
- Investigate and document differences
- Issue a formal financial data acceptance
- Retain evidence for audit
Sources and further reading
- ISA 530, Audit Sampling (IAASB Handbook) · IFAC / International Auditing and Assurance Standards Board
- Discussing the Concept of the Universal Journal · SAP Learning
- Understanding the Concept of an Upgrade and an SAP S/4HANA Conversion · SAP Learning
- Migrating Data to SAP S/4HANA Using the Migration Cockpit (course) · SAP Learning
- Parallel Accounting in Asset Accounting · SAP Learning
- Preparing for Cutover (Cloud Onboarding for SAP Cloud ERP Private) · SAP Learning
- Using Integrated Toolchain across SAP Activate for System Conversion · SAP Learning