Since SAP launched SAP R/3 in 1992, it has tried to provide a technical solution to support financial consolidations. Technology has evolved since then, and SAP’s underlying architecture has taken advantage of those technology innovations.
Let’s discuss how period-end close has been heavily simplified by SAP S/4HANA Finance. First we’ll look at how a period-end schedule could look in SAP ERP to calculate current project margin reporting.
The classic model of financial consolidation can’t help organizations if their business demands much faster access to group-wide decision-support information.