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This blog is an introduction to S / 4 Hana Group Reporting.
The first foundation is : Group Reporting can also be used independently from operational accounting or other ERP functions in SAP S / 4HANA.

Below are some fundamentals of the tool:

        SAP Product Strategy for Consolidation:

Development focus of our existing on-premise consolidation solutions

 

–   The product story and vision

BEFORE

 

NOW

 

        Vision / Product Strategy

Continuous Accounting:

    • Unified reporting framework for local and group anytime data access in SAP S/4HANA
    • Leverage all details of the accounting system where available
    • Blending of local and group close (shared user experience, process support, tools)

Group Reporting Platform:

    • Support complete flow of collection, processing, analysis, publication
    • Data categories and reporting cycles with varying levels of detail for plan, actuals, simulation, …
    • SAP Analytics Cloud integration and API‘s to ingest or extract data

Context to data:

    • Notes and qualitative data are as important as number crunching
    • System generated, and end-user created textual annotations to data
    • Communication, preparation, education, assistance functions

Engineered for Cloud:

    • Cost-efficient resource sharing and automated operations
    • Easy to implement, fast adoption of changes
    • Collaborate beyond corporate boundaries

 

        SAP S/4HANA Continuous Accounting and Group Reporting, information at any moment in time

 

Summary:

Entity close and group close are converging for the next generation in terms of speed and quality of closing.

A new SAP solution for group reporting is emerging in the cloud

The new solution core is planned to become available as part of SAP S/4HANA 1809 on-premise

 

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