SAP S/4HANA Finance for Group Reporting (On-Premise)
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Integrating financial consolidation tools with SAP S/4HANA source data, ensuring a smooth monthly close, and remaining agile in changing business environments remains a concern for SAP customers. To address these concerns SAP created SAP S/4HANA Finance for group reporting. Initially released in version 1809, the new and improved functionality is available in version 1909. Learn how to utilize this next generation software for financial consolidation, which provides an option to close on-premise or in the cloud.
After reading this article you will be able to:
- List the functionality in the newest version of SAP S/4HANA Finance for group reporting;
- Explain how SAP S/4HANA Finance integrates with SAP Analytics Cloud and how the integration relates to reporting and management of master and transaction data;
- Understand the updates made to SAP S/4HANA Finance for group reporting in SAP S/4HANA 1809 to SAP S/4HANA 1909; and
- Apply updates and new functionality in SAP S/4HANA Finance for group reporting to achieve better financial consolidation.