Master Data Governance for Financials 3
Technical Name of Business Function |
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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 |
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Required Business Function | Master Data Governance, Generic Functions 2 ( Master Data Governance for Financials, Organizational Units ( |
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.
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 |
| Replication of Master Data Using Enterprise Services |
You have made the required settings in Customizing under .
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
If you want to use MDG business functions with active Industry Solutions on the same system, check SAP Note 1690202
.
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:
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.
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.
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.
You can create change requests for MDG-F directly from the service requests of the SAP Financial Shared Service Center.
If you have an enterprise search engine installed, you can perform a fuzzy search across different editions and entity types.
You can monitor the KPIs of the Service Level Agreement.