FAQ
SAP S/4HANA Group Reporting is a consolidation and financial reporting solution that is fully integrated into SAP S/4HANA. It enables organizations to consolidate financial data in real-time, ensuring accurate and efficient financial close processes.
- Integration: SAP Group Reporting is embedded within S/4HANA, providing real-time data access, whereas SAP BPC requires separate data extraction and integration.
- Real-Time Consolidation: With Group Reporting, consolidations happen directly in S/4HANA, whereas BPC often requires batch processes.
- Cloud & Future-Ready: SAP is shifting its focus toward Group Reporting as the preferred solution for financial consolidation, especially in SAP S/4HANA Cloud environments.
- Real-Time Consolidation: Uses S/4HANA Universal Journal for real-time data processing.
- Built-In Reporting & Analytics: Provides standardized and customizable reports without needing external tools.
- Automated Data Collection: Integrates data from subsidiaries (SAP and non-SAP systems) for streamlined reporting.
- Intercompany Elimination: Automates the elimination of intercompany transactions.
- Extensibility: Can be enhanced with SAP Analytics Cloud (SAC) for reporting and planning.
Yes! SAP Group Reporting supports:
- Multiple accounting standards (IFRS, US GAAP, local GAAPs) using parallel ledgers.
- Multi-currency reporting with built-in currency translation features.
- Adjustments & manual journal entries at the group level for compliance with different standards.
SAP Group Reporting can be deployed in:
- SAP S/4HANA On-Premise (fully integrated into the ERP system).
- SAP S/4HANA Cloud (leveraging SAP’s cloud infrastructure for scalability and lower maintenance).
- Hybrid Models (connecting on-premise data sources with cloud-based reporting tools like SAP Analytics Cloud).