There is no version release for 2024 for on-premise S/4 ERP. Does it mean there is not future functionality or updates coming up? No, SAP has released public cloud February 2025 (2502) version.
This version has gained the AI capability momentum and SAP digital core strategy.
There are a lot things which makes S/4 a sweet deal.
Split valuation is typically niche topic in Supply Chain, however when comes to reporting and certain Fiori apps, this was a missing attention. S4 2502 release covers some of functions to make business (and implementation team) happy to include split valuation in reporting and Fiori Apps. However there is still a lot too be modernised for this topic. Hope upcoming S4 releases gives modern approach to split valuation functionality.