SAP S/4HANA Finance for Group Reporting has Features for 1909
- Data Collection: Real-time release from SAP S/4HANA accounting, file upload, mapping, application programming interfaces.
- Currency Translation: Cumulative and periodic translation, average / spot / historic rates, rounding rules, carry over group currency from SAP S/4HANA core.
- Data Validation: Reported (local) data, translated data, consolidated data, master data combinations (a.k.a. breakdown) checks. Enhanced reporting and data selection.
- Top Side journal entries: Direct entry or file upload for topside adjustments.
- Eliminations: Rule-based eliminations driven by master data.
- Consolidation of Investments: Rule-based and activity-based approach for main activities (first consolidation, subsequent consolidation...)
- Reporting: SAP Fiori Analytics, rule-based reports for cash flow or other comprehensive income, drill down to ACDOCA, integration with SAP Analytics Cloud, SAP Analysis for Microsoft Office. Streamlined.
- Planning: Flexible versions, run consolidation on ACDOCP data / SAP Analytics Cloud.
- Restatements: Restatements can be carried out via versions and data copy.
- Data model and master data: Wide data model covering business fields of the universal journal, consolidation-specific master data for non-SAP S/4HANA companies and simulation.
- Shared Master data: Group reporting adopts master data from S/4 HANA Finance, such as cost center, profit center and segments etc.
- Process control: - In BPC, you must have known the business process flow, What it is? A sequence of defines processes. Similar to BPF, Group reporting provides two dedicated data monitor and consolidation monitor to execute the business process in a predefined way.
- Management Consolidation: Addition to company consolidation, you can perform management consolidation by profit center, segments etc.
- FS Item Attributes: In BW and BPC we are using attributes and characteristics which helps to filter accounts-based attributes, this facilitates easy maintenance. Similar to this concept in the SAP group has introduced FS Item attributes.
- Data segregation: To differentiate the category of data, in Group reporting you can see posting level.
- Data Flow: In BPC, you use audit trail to capture different types of data such as opening balance, movement during the year etc. For income statement items data flow is tracked by functions.
With S/4 HANA Finance 1809, SAP has introduced group reporting, a SAP’s consolidation solution. Group reporting’s innovations expose the new consolidation solution, which is a hybrid of SAP’s EC-CS, BCS and BPC functionalities. You’ve heard about Universal Journal, single source of truth, real-time processes, and UI improvements, in group reporting, you can leverage all these functionalities without additional acquisition of the software cost. SAP group reporting facilitates continuous accounting and consolidation process in a single instance, thus reduces the financial closing manhours. With the tight integration of ACDOCA table and flexible upload functionalities help smooth transition of consolidation unit’s local data to consolidation data for financial consolidation. With the S/4 HANA 1909 release, SAP enhanced group reporting functionalities with new fire tiles. Configuring Group Reporting with S/4 HANA 1909 covers end to end solution with one complete consolidation of financial statements of integrated and non-integrated units. Highlights of Configuring Group Reporting with S/4 HANA 1909: CONFIGURING GROUP REPORTING WITH S/4 HANA 1909
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