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Legal Consolidation Process
  • Financial Planning & Analysis

Use Case Description

  • EPF wants to implement Financial consolidation, Budgeting & Forecasting and Disclosure management.
  • Automate their Consolidation Process and deliver Financial Statements from Disclosure Management.
  • Collect the Trial Balance data for Non-SAP Companies using their standard Template.
  • Translation of Foreign Currencies to the reporting currency and elimination of inter company eliminations.
  • Equity Accounting for Associates and NPT Proofing.

Solution Brief

  • Fetch Actuals from SAP ECC to SAP BPC for the Holding Company and using Standard template approach for the Non- SAP Companies.
  • Update Exchange Rates and Ownership structure for the subsidiaries and Associates.
  • Carry Forward Closing Balances from prior data to get the Opening Balances data for the Current Year.
  • Powerful Business Process flow with guided workflow functionality.
  • Integrates with SAP ECC to SAP BPC to extract the Trial Balance data and generate Financial Reports from BPC and in Disclosure Management.

Delivery

  • Automated data loads from SAP ECC to SAP BPC and Disclosure Management.
  • Structured Templates for the Non-SAP Subsidiaries and Associates to get the trial Balance data and automated data upload to BPC.
  • Inter company elimination and COI Reports in detail at each company code level.
  • Proofing reports for Associates and Joint ventures.
  • Automated Elimination of Inter company transactions and equity accounting for Associates.