S4HANA GROUP
REPORTING
Prerequisites:
Sap BPC
Finance background
[email protected]
SAP introduced new tool called Group Reporting
embedded in S4hana providing statutory as well
as managerial financial consolidation capabilities
for both On-Premise and Cloud customers. SAP
Group reporting helps to consolidate Financial
Data that is stored in different business units in
several systems scattered in different locations.
Once the data is collected, customers will be able
to do the Consolidation. SAP S/4HANA Group
Reporting plays a vital role in providing
information to the business. Customers can
perform consolidation tasks in real time and also
provide a detailed perspective of the business at
any point in the period. It also helps in bringing
consolidations and planning together in a single
application. Companies benefit from accelerated
book closing processes.
The group reporting solution provides
functions for group accounting and
management reporting by supporting
process control, data collection, data
quality control, consolidation, and
reporting. It is tightly integrated with SAP
S/4HANA Finance and can directly access
legal and management accounting from
the universal journal. The granularity of
data in group reports can be increased so
that operational accounting data is
exposed to the corporate group level.
Drilling down from reports to the
operational accounting journal is also
supported.
FEATURES OF GROUP
REPORTING:
Generation of the organizational units of consolidation, based
on the units in the transaction system
Hierarchy definition for the consolidation-specific master data
Collection of the reported financial data, either via reading
directly from the universal journal or via flexible upload
Posting manual journal entries, for example, to standardize
the reported data to the group's methods of balance sheet
valuations
Translation of the reported financial data into the currency of
the consolidation group
Using validations to check the consistency of the reported,
standardized, or consolidated financial data
Automatic interunit eliminations (payables and receivables,
revenue and expense, investment income) and consolidation
of investments
Standard or rule-based reports for subsidiary and group views
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