--- title: "Differences Between Lucanet.Financial Client and CFO Solution Platform" description: "This article addresses users migrating from Lucanet.Financial Client to the CFO Solution Platform. It provides an overview of the key differences, such as access and login, administration, renaming, and functional differences." source_url: https://support.lucanet.cloud/en/documentation/getting-started/differences-lnfc-platform language: en last_updated: 2023-08-16 --- # Differences Between Lucanet.Financial Client and CFO Solution Platform ## Overview This article is intended for users who are **migrating** from **Lucanet.Financial Client** to the **CFO Solution Platform**. It provides an overview of the key differences, such as **access and login, administration, renaming**, and **functional differences.** {% warning-box %} Please note that this list is not exhaustive, but contains only a selection of the most important changes. {% /warning-box %} {% info-box %} For getting started with our CFO Solution Platform, the following courses are available in our **Lucanet Learning Space**: - [Onboarding Journey | Lucanet CFO Solution Platform](https://learning.lucanet.com/cstart/course/750) - [Migrate to the CFO Solution Platform | Consolidation & Financial Planning](https://learning.lucanet.com/catalog/view/course/id/785) {% /info-box %} ## Differences in Access and Login The CFO Solution Platform is not installed locally on your computer; instead, it is accessed via a web browser. To do this, enter the URL of the CFO Solution Platform into your browser’s address bar and log in using your credentials. For more information, see [Opening the Lucanet CFO Solution Platform](https://support.lucanet.cloud/en/documentation/getting-started/opening-cfo-solution-platform.md). ## Differences in Administration Several administrative functions are now configured globally at the **platform level**, including **user management, notifications**, and the **Task Center**. Below is an overview of the structural changes to the administration: Differences in Administration | Lucanet.Financial Client | Lucanet CFO Solution Platform | |---------|---------| | **Users and user groups** were displayed in the **Administration** folder in the overview. | **Users and user groups** are managed in the cross-platform **Administration** section of the main menu. | | The **Corporate design** could be changed in the workspace of the same name in the **Administration** folder in the overview. | **Customer-specific changes,** such as the corporate design, can be made in the cross-platform **Administration** section under **Platform Management**. | | **Tasks** were managed in the folder of the same name in the overview. | Tasks are managed in the **Task Center**. | | The workspaces were configured in the **Administration** folder within the **Workspaces** workspace. | The workspaces are configured under **Workspace Configuration** at the bottom of the structure view of the **Consolidation & Financial Planning** solution. | ## Differences on the User Interface The user interface of Consolidation & Financial Planning has been redesigned to be more intuitive, and making it easier to navigate. For example, the following structural changes and/or renaming have been made: | Lucanet.Financial Client | Lucanet CFO Solution Platform | |---------|---------| | **Postings** workspace | **Journals** workspace | | **Audit Trails** workspace | **Period locks** workspace | | Function **Print** | Function **Export** | | Planning wizard Reconiliation of the general leder | Planning wizard Transfer from Actual Balance to Plan | | Function **Configuration of the view** that was located in the toolbar of the Lucanet.Financial Client | Function is now called **Display settings** and can be accessed via the header of a ledger oir schedule | | Folders in the workspaces could be formatted in the same way as ledgers. | Folders can now only be formatted using bold text and highlighting. | ## Functional Differences Lucanet is working to provide value parity for the functions on the CFO Solution Platform compared to Lucanet.Financial Client, i.e.: - Many features that were available in Lucanet.Financial Client are already available in the **Consolidation & Financial Planning** solution on the CFO Solution Platform. - Some features that were available in Lucanet.Financial Client are **not yet** available on the CFO Solution Platform. - Some functions that were available in Lucanet.Financial Client will be transferred **to other solutions** on the CFO Solution Platform. - Some functions that were available in Lucanet.Financial Client will **not** be transferred to the CFO Solution Platform. Below is an overview of the **functional differences** by **functional area**: ### Basic Functions Most of the basic functions in Lucanet.Financial Client have been transferred unchanged to the Consolidation & Financial Planning solution or have been modified only slightly: - Reporting enties, cost centers, and organization elements - Adjustment levels, data levels, partners, and transaction types - Currencies and exchange rate tables - General ledger, subledgers, schedules, and statistical ledgers (including formulas) - Account properties (e.g., debit/credit shift) - Importing data into reproting entities (including assignment tables) - Postings and historical exchange rates - Period locks (i.e., former audit trails) - Directory structures (note that no reports, files, or text documents can be created here) ### Consolidation During integration into the CFO Solution Platform, the consolidation functions were incorporated into the **Consolidation & Financial Planning** solution. As part of this process, **Consolidation 2** underwent a comprehensive overhaul. The following key changes were made: **‘Consolidated Financial Statements’ Workspace** The **Consolidated financial statements** workspace has been redesigned to provide greater transparency in the consolidation process and simplify access to individual elements: 'Consolidated financial statements' workspace **Master Data Administration** In the **Master Data Administration**, you can now create and download an **organization chart** for the group based on the entered ownership interests – a feature that was previously only available in Lucanet.Financial Client via a separate app. Additionally, master data administration in the CFO Solution Platform is not provided as an app but is selected as an element in the dimension bar. **Consolidation Apps** - The **legacy apps** of Consolidation 2 are **not supported** on the CFO Solution Platform. It is therefore recommended to switch to the corresponding **Next Generation** apps as soon as possible - All **Consolidation 2 Next Generation apps** that were available on the Lucanet.Financial Client are supported on the CFO Solution Platform. - The app used to **Adjust and reclassify values in consolidation areas** is available for the first time in a **Next Generation** version on the CFO Solution Platform - Also the **app for equity elimination** is available for the first time in a **Next Generation** version on the CFO Solution Platform, though currently with **limited functionality** (see [Equity Elimination](https://support.lucanet.cloud/en/documentation/consolidation-financial-planning/consolidation/consolidation-2/configuring-consolidation-apps/equity-elimination.md)). The scope of functionality will be expanded gradually.\ \ **\ \ Recommendation:** If you are using the app for **equity elimination** in Lucanet.Financial Client, you should postpone migrating this app to the CFO Solution Platform until all the functions you require are available. The legacy Consolidation 2 app in Lucanet.Financial Client can continue to be used until then. ### Planning During integration into the CFO Solution Platform, the planning functions were transferred to the **Consolidation & Financial Planning** solution. Many of the planning functionalities were transferred **unchanged** from Lucanet.Financial Client to the platform, such as planning data levels, accounting rules, and planning wizards. However, a significant change in planning is the replacement of **planning forms** with **Sheets**. This means that the following planning forms previously used in Lucanet.Financial Client and the wizards they contain can now be replicated using sheets: - Standard - Quantity x price - Subject to a different figure - Monthly residual value interest - Tax calculation - Balance sheet adjustment - Forecast wizard - Seasonality wizard Sheets can be created on the CFO Solution Platform in the **Import and Journals** workspace for a combination of **planning data level** and **reporting entity** or **consolidation area**. For more information, see [Planning Using Sheets](https://support.lucanet.cloud/en/documentation/consolidation-financial-planning/planning/planning-sheets.md). Planning using Sheets The planning forms previously created in Lucanet.Financial Client are displayed in read-only mode on the CFO Solution Platform. ### Reporting Many reporting functions from Lucanet.Financial Client have been transferred unchanged to the **Consolidation & Financial Planning** solution on the CFO Solution Platform, including **ad-hoc exports to Excel** and **Lucanet.Excel Reporting.** The following functions have been incorporated into the platform with minor changes: **Lucanet.Excel Add-in** The **Lucanet.Excel Add-in** has been revised and adapted to the technical requirements of the CFO Solution Platform and is now available as the **CFP Add-in for Excel 365**. The new CFP Add-in for Excel 365 is the only tool used to retrieve data from the Consolidation & Financial Planning solution in the Lucanet CFO Solution Platform. **Access to Exports and Charts** - The **Print** function has been renamed **Export** and moved from the toolbar to the header of a ledger or trial balance: 'Export' function - The **Open chart** function, which was previously accessed via the **Show detail view** icon, is now available by right-clicking on items or accounts in ledgers and schedules: 'Open chart' function {% warning-box %} The **BI integration** available in Lucanet.Financial Client will not be transferred to the CFO Solution Platform. {% /warning-box %} ### Lucanet.Group Report The **Lucanet.Group Report** module will not be migrated to the Consolidation & Financial Planning solution on the CFO Solution Platform. Instead, separate solutions— **Data Collection** and **IC Reconciliation**—will soon be available to cover this functional area on the platform in the future. ### Lucanet.E-Bilanz The **Lucanet.E-Bilanz** module will not be migrated to the Consolidation & Financial Planning solution on the CFO Solution Platform. Instead, the [Tax Balance](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance.md) module from our **Tax Compliance & Reporting** solution is available for this purpose, as it covers this functional area on the platform.