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Preparing consolidated financial statements for an enterprise with a parent and one or more subsidiaries requires a detailed review of underlying transactions in order to properly reflect results and financial position. For large, integrated, and multinational organizations, likely with millions of transactions, it is imperative that the financial accounting software facilitate this process. This expertly written guide focuses on leveraging SAP S/4HANA Finance for group reporting. Explore key functionality and how the universal journal has led to the evolution of the group reporting solution. Using a detailed case study, the author discusses configuration and master data and walks the reader through the period-end process for consolidation and explores reports using financial transactions that have already been entered into SAP S/4HANA Finance for group reporting. Explore reports delivered with SAP S/4HANA Finance for group reporting. This book is targeted at both finance professionals and the functional consultants who perform the configuration and execution of processes for preparing consolidated financial statements. By using practical examples, tips, and screenshots, this book covers:
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Author Ann Cacciottoli is an SAP Consultant with 20 years of experience delivering SAP solutions, with a focus on SAP Financials and Reporting. She had been employed by many of the well-known professional service firms and currently resides in Carlyle, Il. Her client-service work has taken her to Europe, Asia, and throughout the United States. Ann has always been passionate about sharing her knowledge and experience with those new to SAP.