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 Master Data Governance for Financials 3

 

Technical Data

Technical Name of Business Function

MDG_FINANCIALS_3

Type of Business Function

Enterprise Business Function

Available From

SAP enhancement package 6 for SAP ERP 6.0

Technical Usage

Any stack including BS_FND

Application Component

MDG for Financials (CA-MDG-APP-FIN)

Required Business Function

Master Data Governance, Generic Functions 2 (MDG_FOUNDATION_2)

Master Data Governance for Financials, Organizational Units (FIN_MDM_ORG)

You can use this business function to establish a governance process for financial master data. The governance of the master data is centralized and managed by an approval process. The changes are documented at all times and can be replicated in the decentralized systems.

This business function extends the functionality of Master Data Governance for Financials which has been provided by the business function Master Data Governance for Financials, Organizational Units (FIN_MDM_ORG), released with SAP enhancement package 5 for SAP ERP.

Prerequisites

You have installed the following components:

Type of Component

Component

Needed Only for the Following Features

Software Component

MDG_FND 731

N/A

Portal Content

Business Package for Financial MDM 1.61

N/A

BI Content

SAP NetWeaver 7.0 BI Content Add-On 5 SP01

Master data reports

XI/ESR Content

MDG_FND 731, namespace http://sap.com/xi/FINB/Global2 and http://sap.com/xi/FIN/MDG/Global2

Replication of Master Data Using Enterprise Services

You have made the required settings in Customizing under Start of the navigation path Cross-Application Components Next navigation step Processes and Tools for Enterprise Applications Next navigation step Master Data Governance Next navigation step Master Data Governance for Financials End of the navigation path.

Note that if you want to use point-to-point communication for the enterprise services, you must also activate the business function Improvements for SOA Reuse Functions (FND_SOA_REUSE_1).

Note Note

If you want to use MDG business functions with active Industry Solutions on the same system, check SAP Note 1690202Information published on SAP site.

End of the note.

Features

This business function helps you to govern financial master data more easily using data model 0G. This allows for the following:

  • Increased compliance and governance

  • Consistent organizational structures in operational and consolidation systems

  • Greater efficiency and less manual work

  • High quality and transparency

The following new features can be used with this business function:

Importing Company Data

You can use enterprise services to import the entity type Company from remote systems (such as investment management systems) into SAP Master Data Governance for Financials. The two new BAdIs for data importing can be used.

Remote Where-Used List

The remote where-used list allows you to search for entity types in your attached remote system, using either the screen on the UI, or else in the form of a Business Add-In, available in the Customizing structure.

SOA Services for Consolidation Systems

In order to harmonize the consolidation of master data for Master Data Governance for Financials with SAP BusinessObjects Financial Consolidation, SAP BusinessObjects Planning and Consolidation and SAP SEM: BCSBPC, we have provided an outbound service to allow you to replicate consolidation master data from MDG-F to these consolidation systems.

Integration with Financial Shared Service Center

You can create change requests for MDG-F directly from the service requests of the SAP Financial Shared Service Center.

Fuzzy Search

If you have an enterprise search engine installed, you can perform a fuzzy search across different editions and entity types.

Service Level Agreement Report

You can monitor the KPIs of the Service Level Agreement.