Group Reporting – Consolidation with Multiple Group Currencies (4VB)

This scope item provides customers with the ability to consolidate the financial statement of the whole group in one of two ways: in multiple group currencies or using a different exchange rate.

Key Process Steps Covered

Create Consolidation Group
Set up Group Structure
Perform Initial, Full, and Subsequent Consolidation
Perform Comparison Report

Benefits

Provides the capability to have group financial statement with multiple currencies

Where is Group Reporting – Consolidation with Multiple Group Currencies(4VB) being used?

This Scope item is used in the following way:

As a support function of Advanced Accounting and Financial Close within Finance Scope Item Group

Process flow of Group Reporting – Consolidation with Multiple Group Currencies (4VB)

Find below the process flow of the scope item Group Reporting – Consolidation with Multiple Group Currencies as it is defined for release s4h-2021.

Download Process Flow of Best Practice scenario Group Reporting – Consolidation with Multiple Group Currencies (4VB) - S/4HANA OP

Ref: Finance of SAP S4H-2021

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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