What's New Viewer - SAP S/4HANA

Real-Time Consolidation

Use

This feature enables you to perform financial consolidation in real time. The consolidation is performed on actuals data of the universal journal on line item level, and it uses the integrated consolidation capabilities of SAP BusinessObjects Planning and Consolidation 10.1, in the embedded configuration. Unified staging and storage of finance data provides high data quality and eliminates redundancy. By leveraging the SAP S/4HANA platform, Real-Time Consolidation supports top management with timely and confident consolidated financial statements.

Technical Details

Technical Name of Product Feature

REAL_TIME_CONSOLIDATION

Product Feature is

New

Country Dependency

Valid for all countries

Application Component

FIN-RTC

Availability

SAP S/4HANA 1610

Additional Details

Real-Time Consolidation includes the following features:

All Features of SAP Business Planning and Consolidation 10.1 embedded version.

Real-Time Consolidation uses features of SAP Business Planning and Consolidation 10.1 embedded version. It provides data provision through BW virtualization technology to avoid data replication. SAP Business Planning and Consolidation can also write-back the consolidated results to the SAP S/4HANA consolidation journal (table ACDOCC).

SAP S/4HANA Data Modeling

  • Model directly on financial master data and transactional data.

  • Generate SAP HANA calculation views for transactional data rather than BW InfoCubes or database tables.

  • Use SAP Business Planning and Consolidation’s rule-based consolidation.

Data Collection
  • Use flexible upload to submit reported financial data of non-integrated source systems.

  • Use data submit requests to control whether consolidation runs on the latest data in the universal journal or on data before a specific point in time.

  • One single source for master data such as G/L account, company, profit center, currency exchange rate, and so on.

Lock/Unlock Data Submission for Consolidation
  • Group and local accountants can see delta changes after data is submitted for consolidation.

  • Group accountants can lock and unlock data submission to control whether the delta data can be submitted or not.

Document Concept for Consolidation Journal Entries

The document concept for consolidation journal entries is not only helpful in differentiating data generated by different consolidation tasks, groups, and entities, but also in correlating consolidation tasks.

In this release, we deliver the following features:
  • Consolidation journal entries can be grouped by document number.

  • Number range intervals are reused to generate sequential document numbers.

  • Document types can be defined for different consolidation tasks.

Currency Translation in SAP S/4HANA

You can run currency translation either in SAP BusinessObjects Planning and Consolidation, or SAP S/4HANA. The latter gives you the following additional features:

  • Translated amounts can be traced back to the local amounts from which they have been translated.

  • Translation can be on different types of source currency amount. You can choose local currency amount or transactional currency amount.

  • Supports translation with predefined translation keys, such as year-to-date, periodic translation, investment and equity history group currency amount, and so on.

  • You can deal with rounding differences.

  • You can run currency translation on-the-fly.

  • Translation detail logs are available.

Reporting

In this release, reports are provided for the following:

  • Document list in the consolidation journal (table ACDOCC)

  • Document details