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Technical Data

Technical Name of Business Function

FIN_ACC_GROUPCLOSE_2

Type of Business Function

Enterprise Business Function

Available as of

SAP Enhancement Package 3 for SAP ERP 6.0

Technical Usage

Strategic Enterprise Mgmt

Application Component

Business Consolidation (FIN-SEM-BCS)

Directly Dependent Business Function Requiring Activation in Addition

FIN_ACC_GROUP_CLOSE

You can use the Financials, Group Closing, Compliance business function to enhance the functions of the Business Consolidation (FIN-SEM-BCS) component.

Prerequisites

You have installed the following components as of the version listed:

Type of component

Component

Only required for the following functions

Software component

  • SEM-BW 603

  • FINBASIS 603

SAP NetWeaver Business Intelligence (SAP NetWeaver BI)

As of SAP NetWeaver 7.00

Business Intelligence Content

As of SAP NetWeaver 7.0 BI Content Add-On 3 SP13

The Business Consolidation (FIN-SEM-BCS) application component is configured.

The Financials, Group Closing business function (FIN_ACC_GROUP_CLOSE) is activated.

Features

Approval Workflow for Documents from the Flexible Upload Function for Documents

You can initiate the document approval process from the function for the flexible upload of documents. A document is posted only after all responsible users approve it.

Web-Based SEM-BCS Workflow Inbox

You use this function to access document approvals, monitor status change approvals, and sign-off task approvals in a Web browser. It is an alternative to using the Business Workplace inbox and the universal worklist (UWL) in the Enterprise Portal.

Enhancements for Creating and Updating Comments

Two enhancements have been implemented for comments for approval processes:

  • You cannot change saved comments. You can only add new comments.

  • You can now author comments for the status change workflow.

Sign-Off of Financial Statements in the Consolidation Monitor

The sign-off task initiates the approval workflow for reported financial results. The persons responsible review and approve the documents. The sign-off is the final step in the group close process.

New XBRL Functions in the SEM-BCS Workbench

The XBRL functions in the workbench support the XBRL 2.1 standard.

Worksets for the Local Accountant Monitor and Corporate Accountant Monitor in the Enterprise Portal

Worksets are available for accessing the local accountant monitor and the corporate accountant monitor using the Enterprise Portal.