EC-CS: Consolidation Functions

Goals

• Set up a consolidation system and get to know the required system settings for SAP Consolidation

Audience

• Consultants who implement consolidation
• Employees from the department who are involved in the implementation project or who work with the system

Prerequisites

• Knowledge of the fundamental business terms from consolidation

• AC010 Geschäftsprozesse im Financial Accounting
• AC040 Geschäftsprozesse im Management Accounting (Controlling)

Course based on software release

• ERP ECC 5.0

Content

• Consolidation types
• Consolidation units and hierarchies
• Consolidation charts of accounts
• Manual entry of reported financial data
• Transfer of period-end closing data from legacy systems
• Define validation
• Manual postings
• Currency conversion
• Elimination of IC payables & receivables
• Elimination of IU revenue and expense
• Reclassification
• Consolidation of investments (operations from purchase and equity method)
• Form-based drilldown reports
• Master data and control data reports
• Versions and restatement
• Balance carry forward

Notes

• If you are interested in learning about BW-based consolidation SEM- BCS, please attend course SEM240.
• This course also discusses the functions of the following SAP releases: R/3 4.6, R/3 Enterprise Ext. 1.10/ 2.00.

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