In this edition of S/4 HANA Group Reporting 2020 book, in addition to 1909 functionalities, you will see
All new functionalities of S/4 HANA 2020. Intercompany Reconciliation and Matching (ICMR). Activity based Consolidation of Investment.
Since book is an extension on of earlier book, the content of includes earlier version content as well. With S/4 HANA Finance 1809, SAP has introduced group reporting, a SAP’s consolidation solution. Group reporting’s innovations expose the new consolidation solution, which is a hybrid of SAP’s EC-CS, BCS and BPC functionalities. You’ve heard about Universal Journal, single source of truth, real-time processes, and UI improvements, in group reporting, you can leverage all these functionalities without additional acquisition of the software cost. SAP group reporting facilitates continuous accounting and consolidation process in a single instance, thus reduces the financial closing manhours. With the tight integration of ACDOCA table and flexible upload functionalities help smooth transition of consolidation unit’s local data to consolidation data for financial consolidation. With the S/4 HANA 1909 release, SAP enhanced group reporting functionalities with new fire tiles. Configuring Group Reporting with S/4 HANA 1909 covers end to end solution with one complete consolidation of financial statements of integrated and non-integrated units. Highlights of Configuring Group Reporting with S/4 HANA 1909:
Consolidation chart of account Integration of consolidation units and consolidation group Local and global accounting Currency translation,
Interunit / intercompany eliminations Reclassification Elimination and adjustment of intercompany investment Calculation of goodwill Calculation of minority interest,
Cash flow statement, statement of equity, statement of comprehensive income, consolidation of balance sheet and income statement SAP Fiori Apps
