Group Reporting Fiori Apps - a brief

SAP S/4HANA Group Reporting includes a set of SAP Fiori apps that streamline the financial consolidation process by offering intuitive, role-based access to data for tasks such as data collection, consolidation, validation, and reporting. These Fiori apps are designed to provide users with real-time insights, simplify navigation, and enhance collaboration among team members involved in the group reporting process.

Below is a detailed list of important SAP Fiori apps related to SAP Group Reporting, categorized by functionality:

1. Data Collection and Preparation

• Manage Global Accounting Hierarchies (F1573)

  • Manage and maintain global accounting hierarchies for consolidation, including account hierarchies, consolidation group hierarchies, and consolidation unit hierarchies.
  • Key Features: View, add, edit, and delete hierarchies that serve as a foundation for group reporting.

• Data Monitor – Group Reporting (F3161)

  • Monitor the data collection process from consolidation units, and ensure data from different entities is reported correctly.
  • Key Features: Track the status of data submissions, check for completeness, and perform data validation checks.

• Group Data Entry – Manual Journal Entry (F3293)

  • Allows manual data entry for consolidated data, including adjustments and corrections to journal entries.
  • Key Features: Enter and post manual journal entries into the consolidation ledger for specific consolidation units or groups.

• Release Universal Journal Data (F3060)

  • Transfer actual data from the Universal Journal (ACDOCA) to the consolidation ledger (ACDOCU).
  • Key Features: Manage and automate the release process for data to the consolidation system, ensuring timely and accurate data transfer.

2. Data Validation and Adjustment

• Validate Group Reporting Data (F3096)

  • Validate the reported financial data from individual entities against predefined rules and checks to ensure accuracy.
  • Key Features: Perform automatic validation, view validation results, and correct data where needed.

• Post Group Journal Entries (F3095)

  • Post manual journal entries to adjust the consolidated financial data. This is useful for posting consolidation adjustments, eliminations, and other required entries.
  • Key Features: Enter, validate, and post adjustments, ensuring proper consolidation and adjustment postings.

• Reclassify Financial Data (F3099)

  • Reclassify financial statement items (FSI) to adjust financial data between different categories.
  • Key Features: Perform reclassifications of data to ensure that it aligns with reporting standards, such as moving an asset from current to non-current.

3. Consolidation Process

• Consolidation Monitor – Group Reporting (F3159)

  • Manage and monitor the overall consolidation process, including elimination tasks, currency translation, and final consolidation steps.
  • Key Features: Provides a comprehensive view of the status of different consolidation tasks and processes, ensuring proper workflow management.

• Intercompany Reconciliation – Group Reporting (F3059)

  • Supports the intercompany reconciliation process by allowing users to view, analyze, and reconcile intercompany transactions across group entities.
  • Key Features: Reconcile intercompany transactions like payables/receivables and revenue/expenses, and post eliminations as needed.

• Carry Forward Balances – Group Reporting (F3061)

  • Carry forward closing balances from the previous fiscal period as opening balances for the current consolidation period.
  • Key Features: Automate the process of balance carryforward, ensuring proper alignment of financial data between periods.

4. Currency Translation and Adjustments

• Currency Translation – Group Reporting (F3062)

  • Automate the currency translation process, translating local currency amounts to the group currency for consolidated financial reporting.
  • Key Features: Manage exchange rates, perform currency conversion for financial statement items, and adjust for currency translation differences.

• Eliminate Intercompany – Group Reporting (F3063)

  • Automate the process of eliminating intercompany transactions, such as intercompany receivables/payables, revenues, and expenses.
  • Key Features: Perform eliminations based on predefined rules, ensuring that internal group transactions do not inflate the consolidated financial statements.

5. Reporting and Analytics

• Group Financial Statements – Balance Sheet (F3158)

  • Generate and view consolidated balance sheets for the entire group or specific consolidation units.
  • Key Features: Drill down to individual financial statement items, view consolidated data at different hierarchy levels, and analyze group financial position.

• Group Financial Statements – Profit & Loss (F3157)

  • Create and view the consolidated profit and loss (P&L) statement for the group.
  • Key Features: Analyze revenue, expenses, gross profit, operating profit, and net income at the group level or for individual consolidation units.

• Group Financial Statements – Cash Flow (F3156)

  • Generate a consolidated cash flow statement, showing cash movements from operating, investing, and financing activities.
  • Key Features: Track cash inflows and outflows for the group, view cash flow by activity type, and reconcile cash movements with other financial statements.

• Consolidated Financial Reporting – Plan/Actual Comparison (F3250)

  • Compare planned vs. actual financial data for the group, allowing for a variance analysis between forecasted and actual performance.
  • Key Features: View plan/actual comparisons for various financial statement items and drill down to detailed levels.

• Consolidation Group Overview (F3371)

  • Provides a high-level overview of the financial performance of the consolidation group, including key performance indicators (KPIs).
  • Key Features: Analyze overall group performance, including consolidated revenues, expenses, assets, and liabilities, across different consolidation units.

6. Additional Financial Consolidation Tasks

• Manage Elimination of Investment (F3154)

  • Automate the elimination of investments in subsidiaries or other group entities, ensuring proper treatment of equity investments in the consolidation process.
  • Key Features: Perform eliminations of investments and post corresponding adjustments to equity and goodwill.

• Manage Non-Controlling Interests (F3155)

  • Manage the reporting of non-controlling interests (NCI), ensuring that NCI is properly accounted for in consolidated financial statements.
  • Key Features: View and adjust profit and equity allocated to non-controlling interests, ensuring correct financial statement presentation.

• Manage Consolidation Tasks (F3064)

  • A task-based app that allows users to manage and monitor the various steps involved in the consolidation process.
  • Key Features: Track progress of consolidation tasks, assign responsibilities, and ensure timely completion of consolidation tasks.

7. Master Data Management

• Manage Consolidation Units (F3065)

  • Create, edit, and maintain consolidation units within the group.
  • Key Features: Define and manage the properties of each consolidation unit, including currency, consolidation group, and reporting requirements.

• Manage Financial Statement Versions (F3066)

  • Define and manage financial statement versions (FSV) used in consolidated financial reporting.
  • Key Features: Set up financial statement structures for balance sheets, profit and loss, and cash flow statements for group reporting.

8. Plan Data Management

• Import Plan Data – Group Reporting (F3292)
  • Import planned financial data into the group reporting consolidation ledger, enabling comparison between planned and actual data.
  • Key Features: Upload plan data from external sources or other SAP systems, ensuring that planning data is available for consolidation reporting.

9. Advanced Reporting and Analytics

• Group Reporting Analysis (F3471)
  • Analyze consolidated financial data using advanced analytical capabilities.
  • Key Features: Use filters, drill-downs, and key figure selections to explore financial data for various dimensions, such as consolidation unit, period, and currency.

Conclusion

These SAP Fiori apps provide an integrated, user-friendly interface for managing the full SAP Group Reporting process, from data collection and validation to consolidation and reporting. They allow users to streamline the consolidation process, reduce manual work, ensure data accuracy, and enhance collaboration between entities within a group. These apps are critical for organizations aiming to meet complex reporting requirements and ensure compliance with financial regulations.