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Proexcellency Provides S4HANA Group Reporting Online Training

RP
June 01, 2021

Proexcellency Provides S4HANA Group Reporting Online Training

SAP introduced new tool called Group Reporting embedded in S4hana providing statutory as well as managerial financial consolidation capabilities for both On-Premise and Cloud customers. S4HANA Group Reporting Training helps to consolidate Financial Data that is stored in different business units in several systems scattered in different locations. Once the data is collected, customers will be able to do the Consolidation. S/4HANA Group Reporting Online Training plays a vital role in providing information to the business. Customers can perform consolidation tasks in real time and also provide a detailed perspective of the business at any point in the period.

RP

June 01, 2021
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  1.  SAP introduced new tool called Group Reporting embedded in

    S4hana providing statutory as well as managerial financial consolidation capabilities for both On-Premise and Cloud customers. SAP Group reporting helps to consolidate Financial Data that is stored in different business units in several systems scattered in different locations. Once the data is collected, customers will be able to do the Consolidation. SAP S/4HANA Group Reporting plays a vital role in providing information to the business. Customers can perform consolidation tasks in real time and also provide a detailed perspective of the business at any point in the period. It also helps in bringing consolidations and planning together in a single application. Companies benefit from accelerated book closing processes.
  2.  The group reporting solution provides functions for group accounting

    and management reporting by supporting process control, data collection, data quality control, consolidation, and reporting. It is tightly integrated with SAP S/4HANA Finance and can directly access legal and management accounting from the universal journal. The granularity of data in group reports can be increased so that operational accounting data is exposed to the corporate group level. Drilling down from reports to the operational accounting journal is also supported.
  3. FEATURES OF GROUP REPORTING:  Generation of the organizational units

    of consolidation, based on the units in the transaction system  Hierarchy definition for the consolidation-specific master data  Collection of the reported financial data, either via reading directly from the universal journal or via flexible upload  Posting manual journal entries, for example, to standardize the reported data to the group's methods of balance sheet valuations  Translation of the reported financial data into the currency of the consolidation group  Using validations to check the consistency of the reported, standardized, or consolidated financial data  Automatic interunit eliminations (payables and receivables, revenue and expense, investment income) and consolidation of investments  Standard or rule-based reports for subsidiary and group views
  4. For Joining Online/corporate training batches or demo please feel free

    to call or email us. Email : [email protected], [email protected] Call or WhatsApp : +91- 9148251978 Landline: 08041506795 Website: www.proexcellency.com