What's New Viewer - SAP S/4HANA

SAP S/4HANA Finance for Group Reporting

The group reporting solution provides functions for group accounting and management reporting by supporting process control, data collection, data quality control, consolidation, and reporting. It is tightly integrated with SAP S/4HANA Finance and can directly access legal and management accounting from the universal journal. The granularity of data in group reports can be increased so that operational accounting data is exposed to the corporate group level. Drilling down from reports to the operational accounting journal is also supported.

Technical Details

Product Feature is

New

Country Dependency

Valid for all countries

Scope Item

1SG (Group Reporting - Financial Consolidation), 28B (Group Reporting - Plan Consolidation), 2U6 (Group Reporting - External System Integration)

Application Component

FIN-CS (SAP S/4HANA for Group Reporting)

Availability

SAP S/4HANA 1809

Additional Details

The solution comes with the following key features:
  • Generation of the organizational units of consolidation, based on the units in the transaction system
  • Hierarchy definition for the consolidation-specific master data
  • Collection of the reported financial data, either via reading directly from the universal journal or via flexible upload
  • Posting manual journal entries, for example, to standardize the reported data to the group's methods of balance sheet valuations
  • Translation of the reported financial data into the currency of the consolidation group
  • Using validations to check the consistency of the reported, standardized, or consolidated financial data
  • Automatic interunit eliminations (payables and receivables, revenue and expense, investment income) and consolidation of investments
  • Standard or rule-based reports for subsidiary and group views