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Author's profile photo Stephane NEUFCOURT

What’s new in SAP S/4HANA for group reporting

SAP S/4HANA for group reporting is our strategic product for financial consolidation and management reporting. Available both in the cloud and on premise, our next-generation consolidation software unifies companies’ entity close and group close processes on a single system, facilitating drill down directly to the document level for fast analysis, better decision-making and accelerated financial close process.

We in the SAP Product Engineering team would like to share the following recap list of the innovations we deliver for each new release of our next generation consolidation software.

SAP Group Reporting Data Collection – February 19, 2022

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  • Create form-specific master data (ad hoc items) in SAP Group Reporting Data Collection (GRDC) for increased flexibility
  • Design GRDC forms with ad hoc items to collect notes to the annual statements, tax reports, sustainability or integrated reports

2202 cloud 
– January 26, 2022

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  • Tighter accounting-integration via group reporting preparation ledgers
  • App for review of group financial statement powered by SAP Analytics Cloud
  • Enhanced reclassification for equity method
  • Time and Version dependent financial statement item attributes in substitutions and validations
  • Data Mapping: “copy” function with data transformation capabilities for reported data
  • Forms: use of existing forms as shortcuts in different folders and packages
  • New pre-delivered totals validation / control rules

2111 cloud – October 27, 2021

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  • Increased flexibility in the consolidation process with consolidation unit extensibility
  • Enhanced core consolidation rules including more flexibility in source and destination rules
  • Improved “Import Consolidation Master Data” app with check and import all feature
  • Use time and version-dependent as well as additional fields in the “Define Selections” app
  • Reinforced guidance and controls in the additional master data fields configuration
  • Enhanced movement flow management: assign a default subitem to a subitem category
  • Reinforced audit capabilities with new traceability log in the GRDC “Data Mapping” app
  • Enabling visual controls in the GRDC “Forms” app with conditional formatting
  • Improved collection of text comments in the GRDC “Forms” app

2021 on premise – October 13, 2021

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  • Improved transparency with new GRDC data mapping traceability log
  • New GRDC forms features incl. conditional formatting and improved comments
  • New features inherited from the 2108, 2105, 2102 and 2011 cloud releases

2108 cloud – August 4, 2021

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  • Automation of elimination of unrealized profit on inventory
  • Manual journals with multiple consolidation groups
  • Collect texts for financial reporting
  • Front-end formula calculations during manual data collection
  • Extensibility of financial statement item master data attributes
  • Increased data and consolidation monitors’ configuration flexibility
  • Performance improvements on analytics

SAP Group Reporting Data Collection – May 28, 2021

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  • Use formulas, labels and new formatting features in forms
  • Enter comments in in forms
  • Use the app in Japanese, in addition to English and German

2105 cloud – May 5, 2021

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  • Streamlined and improved Release of Universal Journals pre-validation analysis
  • Integrate group reporting with accounting data in SAP ERP Central Component
  • Improved Equity Pickup automation
  • Integrate data from remote systems into the intercompany matching and reconciliation (ICMR) process
  • Support for the “compound” type in total data validation rules to enhance data validation capabilities with more-complex rules
  • New tile/report to compare group manual journal entries, and check that group-depending entries posted on a consolidation group are also posted to other groups
  • New analytics query views for comparative reports on old and new reporting logic, and database listing in group data analysis app
  • More flexibility on customer-specific configuration with new self-service configurations

SAP Group Reporting Data Collection – April 2, 2021

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  • How to import data from SAP ECC in SAP S/4HANA for group reporting
  • New public API which supports additional fields, such as transaction types, to improve mapping with ACDOCA
  • Updated pre-delivered forms including their guidelines

2020 FPS1 on premise – February 24, 2021

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  • Equity Pickup Automation
  • Load data from any external system
  • New form designer for manual data collection
  • Consolidate with multiple group currencies
  • Multiple data collection tasks in the data monitor
  • Consolidation of investments processing fields in manual posting
  • Enhanced consolidation master data
  • Substitution and validation functionalities embedded in flexible upload

2102 cloud – February 3, 2021

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  • Automate equity pickups
  • Benefit from strengthened data mapping capabilities
  • Apply sign change for Financial Statement items
  • Use an improved “Define Selections” app
  • Leverage multiple group currencies and custom fields in the “Import Group Journal Entries” app

Previous releases

Would you like to be informed of the latest news on our next-gen consolidation software, join our SAP S/4HANA for group reporting community.


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      Author's profile photo Venkata Singanamala
      Venkata Singanamala

      Thanks for your S4H Group Reporting  for " ALL IN ONE" Blog.