enfrdeitptrues

Define Consolidation Chart of Accounts:  As you know, a chart of account is an index of general ledger, called an operational chart of account. In group reporting like S/4 HANA finance uses a consolidation chart of accounts.  Consolidation chart of account is an index of financial statement (FS) items.  SAP has delivered a Y1 consolidation chart of account.Watch this video and read the associated documents that are attached to this page.[Watch Video] [Read Document].

 - How To Guide : Create Create New COA and Replace FS Item

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
Available at following Amazon Market Place
Amazon.com | Amazon.co.uk | Amazon.de | Amazon.fr | Amazon.es | Amazon.it | Amazon.nl | Amazon.co.jp | amazon.in | Amazon.ca | Amazon.com.br | Amazon.com.mx | Amazon.com.au