Group reconciliations and eliminations are necessary as part of the consolidated financial statements. Consolidation solutions such as Group Reporting and BCS are used for the actual posting and preparation of the legal consolidation and the financial statements. The...
After switching to Group Reporting, many customers who previously used BCS find that some functionalities are no longer available in an automated and pre-supplied form, or are no longer available at all. One example of this is the scheduled amortization of goodwill....
A consistent and high-quality data basis for the individual financial statements is essential for successful consolidated financial statements. As a rule, not all companies within a group use a uniform ERP system, but different software solutions. This leads to a...
What you need to know about migrating to BW/4HANA Are you currently using SAP Business Planning and Consolidation (BPC) as the universal tool for handling your group activities? Do you record, plan and consolidate with it and would like to continue doing so in the...
ICMR structure The ICMR solution consists of three components: matching, reconciliation and automatic postings. Once the intra-group transactions have been reconciled, they are eliminated in Group reporting. Matching takes place at line item level; an aggregated view...
