"Perform financial consolidation in your SAP S/4HANA system! With this guide to SAP S/4HANA Finance for group reporting, learn about the new group reporting architecture and data model. Configure your master data and integrate transactional data for consolidation using the data monitor. Walk through your key consolidation tasks, including currency translation, inter-company elimination, financial close, reporting, and more. This is your comprehensive group reporting resource!"--
This guide is designed for business users, technology consultants, functional consultants, and IT professionals who need to understand the role of group reporting in financial consolidations. The book begins with an introduction to financial data consolidation with SAP and an explanation of SAP’s consolidation process and group reporting. It then offers an overview of group reporting architecture and integration with SAP S/4HANA, with special emphasis on group reporting configuration and integration of financial data for consolidation across key activities such as currency translation and financial reporting. Step-by-step instructions are illustrated with b&w screenshots, bullet points, and summary charts. The guide closes with a summary and key points. Annotation ©2021 Ringgold, Inc., Portland, OR (protoview.com)
Perform financial consolidation in your SAP S/4HANA system! With this guide to SAP S/4HANA Finance for group reporting, learn about the new group reporting architecture and data model. Configure your master data and integrate transactional data for consolidation using the Data Monitor. Walk through your key consolidation tasks, including currency translation, intercompany elimination, financial close, reporting, and more. This is your comprehensive resource for corporate close with SAP S/4HANA!
In this book, you’ll learn about:
a. Configuration
Set up master data elements and global settings to align with your exact specifications. Configure the Data Monitor dashboard to perform transactional data tasks such as data integration, balance carryforward, and data validation.
b. Consolidation
Follow step-by-step instructions to run your required consolidation processes. Translate currencies, perform intercompany elimination and matrix consolidation, manage consolidation entries, and execute financial close.
c. Reporting
Walk through the reporting architecture with CDS views and learn about available reporting tools. Use predefined local and group reports, drill-through functionality, and ad-hoc reporting.
Highlights include:
1) Architecture
2) Master data
3) Transactional data
4) Data Monitor
5) Consolidation Monitor
6) Currency translation
7) Intercompany elimination
8) Consolidation of investments
9) Consolidation journal entries
10) Matrix consolidation
11) Financial close
12) Reporting
