What's New Viewer - SAP S/4HANA

Manage Global Accounting Hierarchies

This app allows you to create and edit global accounting hierarchies based on attributes defined by master data quickly and easily. You can create cost center, profit center, functional area, and financial statement version (FSV) hierarchies. You can also import hierarchies and can assign semantic tags in your FSV hierarchies. Manage Global Accounting Hierarchies supports multiple active version to simplify your reorganization planning and reporting and to simplify the way you respond to accounting rule changes.

Please note that in some cases, certain country-specific functions may not be supported within Manage Global Accounting Hierarchies. In these cases, you must use the Maintain Financial Statement Versions app. This can occur because these two apps consume different data tables.

Technical Details

Product Feature is


Country Dependency

Valid for all countries

Scope Item

J58 (Accounting and Financial Close)

Application Component



SAP S/4HANA 1809