Accounting and Financial Close (V)

Business Area Scope Item

Accounting and Financial Close General Ledger Allocation Cycle

SID Status Short Description

1GI Upgraded During the business transaction based on the profit center mapping to the segment, the expenditure and income are captured under the business segment or common profit center that cannot be allocated. After doing the profit center distribution, the costs are transferred to the correct profit centers and the correct segment is derived from the profit center.

Accounting and Financial Close Group Valuation

Accounting and Financial Close Integrated Financial Planning

Accounting and Financial Close Intelligent Intercompany Reconciliation

5W2 Upgraded For steering purposes, international organizations need a management view of their operations where intercompany profits between trading partners are eliminated in real-time.

4RC Upgraded This scope item delivers financial planning functions to support cost management and profitability analysis.

4LG Upgraded Machine Learning using SAP Business Technology Platform can be used to expand the functionality of the SAP Intercompany matching and reconciliation used with SAP S/4HANA. This scope item addresses the set up and configuration of machine learning for intercompany matching and reconciliation.

Accounting and Financial Close Intercompany Asset Transfer Within Same Country

1IH Upgraded This scope item describes the necessary steps to perform intercompany asset transfers between company codes. For the individual companies, an intercompany transfer represents a retirement for the one company and an acquisition for the other.

Accounting and Financial Close Intercompany Financial Posting

Accounting and Financial Close Intercompany Reconciliation Process

Accounting and Financial Close Inventory Valuation for Year-End Closing

Accounting and Financial Close Machine Learning for Accruals Management

Accounting and Financial Close Machine Learning for Monitoring of Goods and Invoice Receipts

1GP Upgraded This scope item enables the customer to post the journal entries for general ledger across company codes. In addition, one company code can pay invoices on behalf of another company code (central payment).

40Y Upgraded This scope item covers the process of periodic controlling for accounting documents that describe the accounting transactions within a corporate group.

BEJ Changed Balance sheet valuation in Inventory Accounting enables you to evaluate your inventories at the end of reporting periods according to international accounting principles (such as IAS or U.S. GAAP).

3NF

Upgraded Machine Learning helps you to improve the accuracy and timeliness of your purchase order accruals.

2ZS Upgraded Machine Learning using SAP Business Technology Platform expands the functionality of the SAP Goods Receipt/Invoice Receipt Monitor used with SAP S/4HANA. This scope item addresses the setup and configuration of machine learning for the GR/IR Monitor.