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.
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
... Preface ... 13... Objective of This Book ... 13
... Target Audience ... 14
... How to Read This Book ... 14
1 ... Introduction to Consolidation ... 171.1 ... Financial Consolidation Basics ... 17
1.2 ... Why Consolidate Financials Data? ... 22
1.3 ... Evolution of Consolidation with SAP Solutions ... 23
1.4 ... Summary ... 30
2 ... Group Reporting Architecture and Components ... 312.1 ... SAP S/4HANA Finance ... 31
2.2 ... Group Reporting ... 37
2.3 ... Summary ... 68
3 ... Master Data ... 693.1 ... Global Settings ... 69
3.2 ... Group Reporting Master Data ... 72
3.3 ... Selections ... 118
3.4 ... Summary ... 120
4 ... Transaction Data ... 1214.1 ... What Is the Data Monitor? ... 121
4.2 ... Configuring the Data Monitor ... 124
4.3 ... Integrating Transaction Data ... 130
4.4 ... Plan Data Integration ... 139
4.5 ... Balance Carryforward ... 140
4.6 ... Calculation of Net Income ... 147
4.7 ... Data Validation ... 152
4.8 ... Journal Entries ... 164
4.9 ... Summary ... 172
5 ... Currency Translation ... 1755.1 ... What Is Currency Translation? ... 175
5.2 ... Configuring Currency Translation ... 181
5.3 ... Translating Reported Currency ... 206
5.4 ... Summary ... 213
6 ... Intercompany Elimination ... 2156.1 ... What Is Intercompany Elimination? ... 216
6.2 ... What Is the Consolidation Monitor? ... 222
6.3 ... Configuring the Consolidation Monitor ... 227
6.4 ... Configuring Intercompany Elimination ... 240
6.5 ... Eliminating Intercompany Transactions ... 249
6.6 ... Summary ... 255
7 ... Consolidation of Investments ... 2577.1 ... What Is Consolidation of Investments? ... 258
7.2 ... Configuring Consolidation of Investments ... 264
7.3 ... Running Equity Pickup ... 279
7.4 ... Summary ... 282
8 ... Consolidation Entries ... 2838.1 ... Common Consolidation Entries ... 283
8.2 ... Journal Entry Template ... 285
8.3 ... Summary ... 297
9 ... Matrix Consolidation ... 2999.1 ... What Is Matrix Consolidation? ... 299
9.2 ... Configuring Matrix Consolidation ... 300
9.3 ... Running Matrix Consolidation ... 305
9.4 ... Summary ... 311
10 ... Financial Close ... 31310.1 ... Ledger Close ... 313
10.2 ... Group Close ... 316
10.3 ... Summary ... 321
11 ... Consolidation Reporting ... 32311.1 ... Predefined Reports ... 323
11.2 ... Drill-Through to Transaction Data ... 326
11.3 ... Data Analysis Using Reporting Rules ... 328
11.4 ... Additional Reporting Tools ... 333
11.5 ... Summary ... 355
12 ... Conclusion ... 35712.1 ... Book Summary ... 357
12.2 ... Considerations for Your Group Reporting Journey ... 358
12.3 ... Five Key Takeaways ... 360
... The Authors ... 363... Index ... 365
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. Eric participated in group reporting beta testing with the SAP S/4HANA group reporting product team in Germany. He sits on Deloitte's Global CTO council, driving innovation and transformation strategy globally.
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. A recognized leader in next-generation technologies like SAP S/4HANA, business intelligence, and business planning and consolidation, he is a sought-after speaker at various external events, including SAP Radio, SAPPHIRE, and SAP Financials.
Satyendra is a specialist in the finance and enterprise performance management practice at Deloitte. An expert in modeling the architecture for financial consolidations, he has worked with major clients in life sciences and healthcare, chemicals, and retail. He has more than 11 years of experience with SAP and has been involved with implementations of SAP financial planning and consolidation solutions throughout his entire career.
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. With more than 9 years of experience with SAP, he has solved numerous complex business problems for his clients. He has also conducted multiple training sessions on SAP S/4HANA Finance for group reporting within Deloitte.
Über den Autor
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. Eric participated in group reporting beta testing with the SAP S/4HANA group reporting product team in Germany. He sits on Deloitte's Global CTO council, driving innovation and transformation strategy globally.
Inhaltsverzeichnis
... Preface ... 13
... Objective of This Book ... 13
... Target Audience ... 14
... How to Read This Book ... 14
1 ... Introduction to Consolidation ... 17
1.1 ... Financial Consolidation Basics ... 17
1.2 ... Why Consolidate Financials Data? ... 22
1.3 ... Evolution of Consolidation with SAP Solutions ... 23
1.4 ... Summary ... 30
2 ... Group Reporting Architecture and Components ... 31
2.1 ... SAP S/4HANA Finance ... 31
2.2 ... Group Reporting ... 37
2.3 ... Summary ... 68
3 ... Master Data ... 69
3.1 ... Global Settings ... 69
3.2 ... Group Reporting Master Data ... 72
3.3 ... Selections ... 118
3.4 ... Summary ... 120
4 ... Transaction Data ... 121
4.1 ... What Is the Data Monitor? ... 121
4.2 ... Configuring the Data Monitor ... 124
4.3 ... Integrating Transaction Data ... 130
4.4 ... Plan Data Integration ... 139
4.5 ... Balance Carryforward ... 140
4.6 ... Calculation of Net Income ... 147
4.7 ... Data Validation ... 152
4.8 ... Journal Entries ... 164
4.9 ... Summary ... 172
5 ... Currency Translation ... 175
5.1 ... What Is Currency Translation? ... 175
5.2 ... Configuring Currency Translation ... 181
5.3 ... Translating Reported Currency ... 206
5.4 ... Summary ... 213
6 ... Intercompany Elimination ... 215
6.1 ... What Is Intercompany Elimination? ... 216
6.2 ... What Is the Consolidation Monitor? ... 222
6.3 ... Configuring the Consolidation Monitor ... 227
6.4 ... Configuring Intercompany Elimination ... 240
6.5 ... Eliminating Intercompany Transactions ... 249
6.6 ... Summary ... 255
7 ... Consolidation of Investments ... 257
7.1 ... What Is Consolidation of Investments? ... 258
7.2 ... Configuring Consolidation of Investments ... 264
7.3 ... Running Equity Pickup ... 279
7.4 ... Summary ... 282
8 ... Consolidation Entries ... 283
8.1 ... Common Consolidation Entries ... 283
8.2 ... Journal Entry Template ... 285
8.3 ... Summary ... 297
9 ... Matrix Consolidation ... 299
9.1 ... What Is Matrix Consolidation? ... 299
9.2 ... Configuring Matrix Consolidation ... 300
9.3 ... Running Matrix Consolidation ... 305
9.4 ... Summary ... 311
10 ... Financial Close ... 313
10.1 ... Ledger Close ... 313
10.2 ... Group Close ... 316
10.3 ... Summary ... 321
11 ... Consolidation Reporting ... 323
11.1 ... Predefined Reports ... 323
11.2 ... Drill-Through to Transaction Data ... 326
11.3 ... Data Analysis Using Reporting Rules ... 328
11.4 ... Additional Reporting Tools ... 333
11.5 ... Summary ... 355
12 ... Conclusion ... 357
12.1 ... Book Summary ... 357
12.2 ... Considerations for Your Group Reporting Journey ... 358
12.3 ... Five Key Takeaways ... 360
... The Authors ... 363
... Index ... 365
Klappentext
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
Create consolidation reports and understand related reporting tools
