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Define Task Group: In this step, you define the task group for the consolidation monitor. In each task group, you assign the tasks to be executed in the consolidation monitor. You can divide the task groups into: (1) Global task group: This is a task group which you assign to the dimension. You assign all tasks, which you need for the consolidation process in total, to this global task group. (2) Consolidation group dependent task group This is a task group, whose tasks represent a partial quantity of the global task groups. You assign this task group to one or more consolidation groups. When you enter the consolidation group in the global parameters while executing the consolidation, then the consolidation monitor only shows the tasks of the consolidation group dependent task group. Watch this video and read the associated documents that are attached to this page.[ Watch Video] [ Read Document].

          

          

CONFIGURING GROUP REPORTING WITH S/4 HANA 1909

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:

  • Consolidation chart of account
  • Integration of consolidation units and consolidation group
  • Local and global accounting
  • Currency translation
  • Interunit / intercompany eliminations
  • Reclassification
  • Elimination and adjustment of intercompany investment
  • Calculation of goodwill
  • Calculation of minority interest.
  • Cash flow statement, statement of equity, statement of comprehensive income, consolidation of balance sheet and income statement
  • SAP Fiori Apps
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