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SAP S/4HANA CLOUD FOR FINANCE / GROUP REPORTING 1811 RELEASE IS GENERALLY AVAILABLE

We are really happy and proud to announce the general availability of SAP S/4HANA Cloud for group reporting 1811 release on November 5, 2018.

Our group reporting software unifies local and group close through continuous accounting – it delivers a complete set of consolidation features and integrates planning, budgeting and data visualization. SAP S/4HANA Cloud for group reporting is part of SAP S/4HANA Cloud for finance, our next generation finance software to help you consolidate financial, managerial, and operational data into a single source and accelerate performance with real-time processes and analytics.

With SAP S/4HANA Cloud for group reporting 1811 release, we enhance our existing features and deliver on the following new/improved functions:

  • Consolidation validation result analysis
  • Drill through from consolidation validation logs to the SAP S/4HANA company level
  • Time dependent mapping between financial statement items and G/L accounts
  • Account driven consolidation rules
  • Integrated data collection on the SAP Cloud Platform
  • Integrated report designer on the SAP Cloud Platform

CONSOLIDATION VALIDATION RESULT ANALYSIS

SAP S/4HANA Cloud for group reporting 1811 delivers on a Validation Result Analysis app which gives you an overview of the consolidation validation results across your corporate group.

Our Validation Result Analysis app includes the following capabilities:

  • Actionable and multi-dimension micro-charting of help you analyze:
    – The number of passed/failed checks per validation rules
    – Split of checks by companies / consolidation groups
    – Trend of errors over time
    – Additional validation KPIs of your choice
  • Drill-down to analyze the data set further
  • Detail of validation rules
  • Complete detail of each validation result
  • Download to Microsoft Excel
  • Integration with our Manage Data Validation Tasks app (see “Drill through from consolidation validation logs to the SAP S/4HANA company level” below)

DRILL THROUGH FROM CONSOLIDATION VALIDATION LOGS TO THE SAP S/4HANA COMPANY LEVEL 

With SAP S/4HANA Cloud for group reporting 1811, we simplify your error detection and correction tasks. To help you rapidly investigate on errors, we deliver a Manage Data Validation Tasks app which helps you drill through from consolidation validation logs down to the lowest level of granularity in the SAP S/4HANA company.

Our Manage Data Validation Tasks app includes the following capabilities:

  • Group validation dashboard including a status per consolidation unit (Success, Failed, Not Processed)
  • Drill down to the validation rule definition which displays the check formula detail
  • Drill through from the validation dashboard down to the SAP S/4HANA accounting documents/journals

TIME DEPENDENT MAPPING BETWEEN FINANCIAL STATEMENT ITEMS AND G/L ACCOUNTS

With SAP S/4HANA Cloud for group reporting 1811, you can manage time-dependent mappings between financial statements items (FS) and general ledger accounts (G/L) – this new capability helps you historize your account structure.

Our Map FS Items with G/L Accounts app enables you to map your FS items either individually or collectively. With the revision feature you can create multiple time-dependent versions of your mappings to keep track of account changes and report accordingly over time.

When used along with other existing consolidation features (or with new features we plan to release), the time dependent mapping helps you perform simulations for your consolidated data, such as preparing restatements or simulating the effect of exchange rates, divestitures, mergers, acquisitions on your consolidated financial statements.

The Map FS Items with G/L Accounts app delivers on the following key features:

  • Create, display and update time dependent mappings
  • Assign mappings to periods and consolidation special versions

ACCOUNT DRIVEN CONSOLIDATION RULES

With SAP S/4HANA Cloud for group reporting 1811, we help you configure elimination rules that automatically evolve with your Financial Statement (FS) account structure. Our account-driven consolidation rules is based on FS attributes to help you seamlessly synchronize your configuration with the changes in your chart of accounts – opening each rule to attach the proper FS items is no longer needed.

In addition to the elimination and currency translation attributes already existing, 1811 release delivers a new attribute called FS Item Role. You can use the FS Item Role to build dynamic consolidation rules such as calculation of annual net income, deferred tax, retained earnings, currency translation difference or rounding difference.

INTEGRATED DATA COLLECTION ON THE SAP CLOUD PLATFORM

In SAP S/4HANA Cloud for group reporting 1811 we further enhance our integrated Data Collection app on the SAP Cloud Platform to help you collect financial data from subsidiaries that are not yet using SAP S/4HANA Cloud – for example a company you just acquired.

Our integrated Data Collection app on the SAP Cloud Platform includes the following features:

  • SAP Fiori UI
  • Direct reading of SAP S/4HANA Cloud consolidation master data
  • Hierarchy display of folders and reports
  • Predefined and custom input reports to gather financial data for each company or group
  • Google Sheets-like data input grid
  • Display uploaded data and/or enter data manually in the grid
  • Live data update in our SAP S/4HANA Cloud consolidation reports
  • Native derivation of SAP S/4HANA global parameters and master data to allow instant break-down check during data input
  • Copy-paste to and from Excel
  • Bi-weekly software updates on the SAP Cloud Platform

INTEGRATED REPORT DESIGNER ON THE SAP CLOUD PLATFORM

In SAP S/4HANA Cloud for group reporting 1811 we improve our integrated Report Designer app on the SAP Cloud Platform to help you create input reports for financial data collection.

Our integrated Report Designer app on the SAP Cloud Platform delivers on the following features:

  • SAP Fiori UI
  • Display folders and reports in a hierarchy
  • Edit the hierarchy
  • Define custom reports
  • Delete reports
  • Define the grid display
  • Drag and drop characteristics to the axes
  • Display a list of values for the selected characteristic
  • Aggregate values
  • Bi-weekly software updates on the SAP Cloud Platform

MORE INFORMATION

You can find below more information on SAP S/4HANA Cloud for group reporting 1811 release:

You can also read all our blogs on #sapgroupreporting.

 

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