SAP S/4HANA Finance for group reporting 2022 is ge...
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We in SAP Product Engineering are happy to announce the general availability of SAP S/4HANA Finance for group reporting 2022, on October 12, 2022. The latest version of our on-premise software includes new and enhanced capabilities to help you run your financial consolidation and close activities.
Release 2022 delivers on the following major new features:
Tighter integration of accounting with group reporting via the introduction of new group reporting preparation ledgers at accounting level, with real-time aggregated group view into accounting
Restatements and simulations capabilities, leveraging and enhancing the extension version capability, to help you run these critical activities of your consolidation process
Segment reporting through flexible derivation of the consolidation unit in group reporting preparation ledgers, helping you manage the data collection process at segment level, define consolidation groups for segments, split up data from one company to several consolidation units so that you can perform the consolidation of segments, profit centers, functional areas or a combination of these
Enhanced reclassification for equity method, with a new option called “Remove Predefined Filters” to automate the consolidation adjustments for a unit consolidated with equity method
Integrate planning data from SAP Analytics Cloud with group reporting consolidation, with the ability to perform entity planning as well as corporate planning based on built-in integration on planning functions and analytics reporting
Improved data feed with SAP Group Reporting Data Collection (GRDC) data mapping app including ECC as a source to populate the consolidation table, test run capabilities and enhanced segregation of duties
Better collection of text comments, and introduction of visual controls / conditional formatting in SAP Group Reporting Data Collection (GRDC) forms
Enhanced "Manage Substitution/Validation Rules – Group Journal Entries app", with the ability to use time and version-dependent financial statement item attributes as a pre-condition value for your substitution and validation rules
Increased flexibility in the consolidation process with consolidation unit extensibility, enabling you to create custom attributes on your units
SAP S/4HANA Finance for group reporting 2022 inherits from the 2111, 2202 and 2208 cloud releases, and includes the following innovations:
-- 2022 on premise features inherited from the 2111 cloud release ---