Introduction

In today’s business world, it is crucial that companies can manage their financial reports efficiently and centrally. An effective tool for this is the Review Booklet, which was developed specifically for reporting in the finance environment. This blog post describes the creation of a new Review Booklet for Group Reporting from both a technical and management perspective. The aim is to explain the advantages and benefits of the Review Booklet and to show how the problem of predefined and non-customizable reports can be solved.

The problem with predefined review booklets

A common problem when using SAP Review Booklets is that the delivered Review Booklet contains mostly predefined columns and reports that are not customizable. As a result, companies struggle to customize the reports to their specific needs and requirements. The lack of flexibility can affect the efficiency and accuracy of reporting and give users the feeling that they are limited in what they can do. Most companies use so-called mirror reports (fixed assets, capital or provisions) which are not provided in the pre-supplied review booklet. Also, not every customer has a profit and loss statement according to the cost of sales and total cost method, which leads to redundancy in the app.

Advantages of a customized review booklet

1. Centralization of reports: All important financial reports are bundled in one place, making them easier to manage and access.
2. Improved user-friendliness: Thanks to app integration, users can access the information they need quickly and easily.
3. Efficient reporting: The structured presentation of reports enables faster and more precise analysis of financial data in real time.
4. Flexibility and customizability: A customized review booklet can be adapted to the specific needs of the company to create tailor-made reports.

Solution with the Review Booklet Designer

The solution to the problem of predefined and non-customizable review booklets lies in the use of the Review Booklet Designer. This user-friendly interface allows companies to create their own customized review booklets. The designer offers the flexibility to configure and customize reports and columns according to the company’s specific requirements. This allows organizations to ensure that their reports contain exactly the information they need and are presented in a way that makes the most sense to their users.

Conclusion

The Review Booklet is a powerful Group Reporting tool that significantly improves the centralization and efficiency of reporting. Thanks to the Review Booklet Designer’s user-friendly interface, even users with little experience in Group Reporting can easily create and manage customized booklets. Take advantage of the Review Booklet to make your financial reports more efficient and clearer.

Would you like to take your group reporting to the next level?

Our consolidation experts at concellens support you in the implementation and optimization of individual review booklets in SAP S/4HANA Finance for Group Reporting.

👉 Contact – concellens GmbH

Or write to us directly at kontakt@concellens.de