by Eric Ryan (Author), Thiagu Bala (Author), Satyendra Raghav (Author)
Get financial consolidation up and running! With this comprehensive guide, learn how to set up and use SAP S/4HANA Finance for group reporting. Organize your financials information by configuring global settings, master data, and transaction data. Walk through each group reporting process--intercompany elimination, consolidation of investments, and matrix consolidation--following step-by-step instructions for setup and execution. With details on consolidation reporting, this is the only book you need for a successful corporate close!
In this book, you'll learn about:
a. System Setup
Discover how group reporting fits into the architecture of SAP S/4HANA Finance. Customize key settings to suit your business: consolidation units, financial statement items, journal entries, data validation rules, and more.
b. Consolidation Processes
Perform a successful consolidation! Set up and run critical processes such as currency translation, intercompany profit elimination, and consolidation of investments using the Data Monitor and the Consolidation Monitor.
c. Reporting
Once your consolidation is complete, it's time to report your results. Use reporting rules to create flexible custom reports, and then explore reporting tools in SAP S/4HANA, SAP Analysis for Microsoft Office, and SAP Analytics Cloud.
Highlights include:
1) Master and transaction data
2) Currency translation
3) Intercompany elimination
4) Consolidation of investments
5) Consolidation entries
6) Matrix consolidation
7) Data Monitor
8) Consolidation Monitor
9) Reporting items and rules
10) Consolidation reporting