Finance & Controlling
What is SAP S/4HANA Finance for Group Reporting?
SAP's consolidation solution in S/4HANA for producing group financial statements from entity data.
It succeeds SAP BPC and EC-CS for many customers and reads accounting data from ACDOCA. Functions include intercompany elimination, currency translation, and consolidation of investments. Data release and validation tasks are tested as part of group close.
Related terms
Intercompany
Transactions between legal entities of the same group, such as intercompany sales or cross-company postings.
Record to Report
The finance process covering journal posting, period-end close, consolidation, and financial reporting.
Universal Journal
The single S/4HANA line-item table (ACDOCA) that stores General Ledger, controlling, asset, and material-ledger postings together.
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