Group Reporting - Financial Consolidation

This scope item provides statutory financial consolidation capabilities for SAP S/4HANA customers.

The key features included in this release include data integration with SAP S/4HANA, avoids replication (using the main actual table as a data source), flexible upload capability to collect financial data from non-S/4HANA subsidiaries, product validations to ensure data integrity, consolidation methods to produce statutory consolidation, and key audit reports and consolidated financial statements including Profit and Loss and Balance Sheet reports.

Key Process Steps Covered

  • Prepare data (Financial statement item preparation, update for group transactions types)
  • Load data from SAP S/4HANA and outside sources
  • Validate data with sets of built-in controls
  • Consolidate data
  • Perform reporting and auditing

Benefits

  • Integrate fully with SAP S/4HANA
  • Provide flexible upload for non-SAP S/4HANA companies
  • Validate product to ensure data integrity (built-in)
  • Produce statutory financial consolidation with powerful calculation engine
  • View reporting using the SAP Fiori launchpad