Legal and management reporting with SAP S/4HANA

The transformation to SAP S/4HANA poses new challenges for many of our customers. Thanks to in-memory database technology, SAP S/4HANA offers real-time analyses and thus accelerates decision-making. With the mandatory ledger technology, complex processes are no longer necessary and integrated reporting functions, paired with a new Fiori user interface, make your operations easier. Last but not least: S/4's usability on all end devices.

A system changeover from SAP R3 to S/4HANA also entails a number of significant changes in internal and external accounting that must be taken into account.

A major feature of S/4HANA is that all transactions are visible in both the CO and FI environments and a single source of truth has been generated with ACDOCA. This means that reconciliation transactions are no longer necessary and discrepancies between the CO and FI environments can no longer occur, unlike in the old R3 environment. Another advantage of ACDOCA is the possibility of parallel accounting, which is necessary for some companies due to legal requirements. Different valuation methods can be used here.

With predefined reports and standardized ledger technology, S/4HANA enables the simple and precise creation of financial reports in accordance with legal requirements. With the intuitive SAP Fiori user interface, balance sheets according to HGB and IFRS, for example, can be analyzed side by side, providing a holistic and transparent view of financial performance. S/4HANA supports multi-currency processing, helping companies to effectively manage their international business activities while meeting compliance requirements. By automating processes and reducing manual intervention, SAP S/4HANA helps to minimize errors and improve the accuracy of reporting.

Precise management reporting in the S/4 environment enables a seamless link between the accounting profitability analysis and the costing profitability analysis. Thanks to the complete reconcilability provided by the ACDOCA table, your company's financial results can be analyzed and compared from different perspectives. This gives you a holistic view of all business developments.

Most of our customers already have a sophisticated concept for an S4/HANA transformation, but are often faced with the problem of implementing such a concept on the system side. With our many years of experience in the SAP environment and as an interface between financial processes and IT, we can quickly identify, evaluate and eliminate weak points. Using our specially developed Quick-Check-Customizing, we can evaluate your system requirements and then implement them in the best possible way.