Group Reporting with SAP S/4hana: Financial Consolidation Guide

Group Reporting with SAP S/4hana: Financial Consolidation Guide

By Eric Ryan, Thiagu Bala, Satyendra Raghav, and Azharuddin Mohammed

"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.

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Book Information

Publisher: SAP Press
Publish Date: 12/22/2020
Pages: 375
ISBN-13: 9781493219995
ISBN-10: 1493219995
Language: English

Full Description

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

About the Authors

Eric Ryan is an expert in the enterprise performance management (EPM) space with more than 15 years of experience. He's delivered multiple FP&A and consolidation projects using SAP consolidation solutions and is a market leader in the consolidation space, who provides thought leadership to clients' controllers and CFOs.

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Thiagu Bala is the solution owner for several next-generation consolidation solutions for Deloitte, where he leverages the modern digital finance architecture.

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Thiagu Bala is the solution owner for several next-generation consolidation solutions for Deloitte, where he leverages the modern digital finance architecture. He has worked in the SAP space for more than 20 years. During this time, he has led several SAP-enabled large-scale global finance transformations focusing on business intelligence and EPM.

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Azharuddin Mohammed is a team lead in the finance practice at Deloitte and a solution architect with expertise in FP&A, financial consolidations, and financial reporting applications.

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