What's New Viewer - SAP S/4HANA

Run Advanced Compliance Reports

Name of app changed from Run Statutory Reports to Run Advanced Compliance Reports.

Technical Details

Product Feature is

Changed

Country Dependency

Available in all countries/regions

Application Component

FI-LOC-SRF-RUN

Availability

SAP S/4HANA 1709

Additional Details

New features in SAP S/4HANA 1709 release:

  • Flexible Reporting Levels

    SAP S/4HANA for advanced compliance reporting allows you to submit tax reports at different reporting levels via the use of organizational units. The reporting levels currently supported in advanced compliance reporting, for both classic and enhanced modes, are - company code, business place, jurisdiction code, and section code. This feature allows you to use the Run Advanced Compliance Reports app to submit reports for countries that require reporting at these additional levels. For example, Canada tax authorities require tax reporting at company code and tax jurisdiction levels. You can set values for the reporting levels while configuring the reporting entity. The assigned values get defaulted when you run the reports. You can assign the organizational units to the report categories in the Define Advanced Compliance Reports app.

  • Data Preview

    SAP S/4HANA for advanced compliance reporting supports generation of multiple output formats, such as, XML, XBRL, TXT, and so on. The data preview option in the Run Advanced Compliance Reports app allows you to visualize and interpret complex output formats in a user-friendly and consistent manner. With data preview feature, you can -
    • View repeatable elements in a table format, and non-repeatable elements in a form layout. If a repeatable element in a table has child nodes, the child node is displayed as a link. You can use the link to view the child node details in a separate view.

    • Mouse-over on labels, and view the documentation for the respective elements. Note, that you can view documentation for an element only if the relevant information is available in the schema.

    • View element attributes as links. You can see the attribute names and values using the available links.

  • Manual Adjustment

    SAP S/4HANA for advanced compliance reporting allows you can make manual changes to the document data after the document has been generated. With the manual adjustment feature, you can -
    • Manually adjust the legal files before submitting it to the authorities. After the manual changes, you can regenerate the output format.

    • View a detailed log of all the changes made. You can use the change log for audit trail purposes.

    • Easily identify the changed elements as the updated elements appear highlighted.

    • Mouse over the changed elements to view details such as - last changed by, last changed value, and the original value.

    • At any point go back to the original version of the document, by choosing the Reset option.

Effects on Customizing

To start using the Run Advanced Compliance Reports app, configure the reporting entities using the Customizing for Financial Accounting (New), under Start of the navigation pathSAP S/4HANA for Advanced Compliance Reporting Next navigation step Setting up Your Compliance ReportingEnd of the navigation path.