Central Processes

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Central Finance allows you to centralize the following processes in your SAP S/4HANA system:

Central Payment
Central Payment for SAP Central Finance allows you to make centralized payments and perform
centralized clearing activities in the Central Finance system instead of each source system, with the
following main features:

• Activate Central Payment by company code.

• For company codes that are activated for Central Payment, the invoices posted in the source systems are
technically cleared. The invoices are replicated to the Central Finance system and are paid there.

• For company codes that are not activated for Central Payment, the invoices posted in source systems stay
open and are paid in the source systems. The invoices and payment or clearing documents are replicated
to the Central Finance system for reporting purposes. The replicated invoices are ruled out from the
payment or clearing transactions in the Central Finance system. This avoids duplicate payments (as
payments are to be processed in the source systems).

• Mandate replication between source systems and the Central Finance system is automated meaning that
SEPA direct debit is supported in the Central Finance system.

Note
Central Payment for SAP Central Finance is released with functional restrictions, which are described in
SAP Note 2346233  . To activate this product, create an incident on component FI-CF-APR. Before
making productive use of the product, please make sure that you fully understand the restrictions and have
thoroughly tested the product so that you won’t be impacted by the restrictions.

Note also the restrictions relating to Central Tax Reporting (see below).

Central Tax Reporting

Central Finance supports tax reporting out of the Central Finance system for a certain scope.

Please read the section Central Tax Reporting which describes the supported scope.

Please also take into account the referenced SAP Notes which are required to support certain aspects of
tax reporting out of the Central Finance system.

For further information, see 2509047  .

Central Projects (WBS) - Reporting Scenario
Central Finance supports the Central Projects scenario, where you are creating and editing projects in a
source system and want to do the project reporting on costs and revenues posted to WBS elements in the
Central Finance system.

For further information, see Central Projects (WBS) - Reporting Scenario: Architecture and Process

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