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Group Reporting : Commonly Asked Questions

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Category: SAP Group Reporting Articles
  • Why should we use Consolidated Financial Statements?
  • What are the Challenges in Consolidating Financial Statements?
  • What are various Solutions available in SAP for Consolidation?
  • What are the merits and demerits associated with S/4 HANA – BPC Standard (Classic) System?  (BPC Articles : Versions of BPC) 
  • What are the merits and demerits associated with S/4 HANA – BPC Embedded System? (BPC Articles : Versions of BPC) 
  • What are the merits and demerits associated with BW/4 HANA – BPC Embedded System? (BPC Articles : Versions of BPC) 
  • Why Group Reporting is required?
  • What are functionalities available in Group Reporting?
  • What are features available with Group Reporting 1909?
  • What do you mean by Consolidation Ledgers and its types?
  • What is the use of Breakdown Categories (BDC)?
  • What is the use of FS items?
  • What FS Item Determines?
  • Why we need to assign Breakdown Categories to FS Items?
  • Why Elimination attributes are used as properties to FS Item?
  • What are all the attributes to financial Statements?
  • What are Statistical FS Items and where it is being introduced?
  • What is the special Character used at the time of Statistical Items?
  • What are Validation methods?
  • What are Validation tasks?
  • What are Validation rules?
  • What is Data Monitor Validation rules and its purpose?
  • What are matching methods?
  • What is reconciliation case?
  • What is Inter-unit reconciliation and what is the purpose of it?
  • What is accounting techniques in Consolidation and what are its types?
  • What do you mean by First Consolidation and where it is applied?
  • What are all the different consolidation transaction types and its uses?
  • What Transaction types control?
  • What is the purpose of Functional areas used in Consolidation?
  • What do you mean by Consolidation Units?
  • What are all the categories of Consolidation units in Group Reporting?
  • Explain what is integrated consolidation unit in Group Reporting?
  • What is posting level and its purpose?
  • What is the is posting level?
  • What is a Document type and its uses in Group Reporting?
  • What is a partner unit concept?
  • What are Financial Item Statement Hierarchies and what is the purpose of it?
  • What is Version with reference to Group Reporting?
  • What is a Consolidation Group with reference to Group Reporting and what is served?
  • What is the Selection in Group Reporting and what is the use of it?
  • What is a Dimension object in Group Reporting and what it controls?
  • What are all the methods of accounting used in Group Reporting in Investment Accounting?
  • What is a Consolidation Frequency associated with Group reporting and what it controls?
  • What is a Selection Attributes and what it provides?
  • What are Target Attributes in Group Reporting and what is the use of it?
  • How Data Flows between tables in Group Reporting?
  • Explain few limitations you found in s4 HANA Group Reporting?
  • How SAP Intercompany Reconciliation (SAP ICR) helps you improve your own intercompany accounting process
  • What are the three reconciliation processes supported by SAP Intercompany Reconciliation (SAP ICR)?
  • What is Intercompany Matching and Reconciliation and ICR?
  • What is a Consolidation Chart of Account?