Group Reporting - Matrix Consolidation (3LX)

Group Reporting - Matrix Consolidation (3LX)

Matrix consolidation covers consolidation for management-oriented organizational units such as profit center and business segment. This functionality addresses the needs of business unit managers and group controllers who need to respond rapidly to changes resulting from internal organization unit restructuring and who need to focus on specific internal performance figures and not the entire group financial statement.

Matrix consolidation introduces new reporting dimensions that are derived at report run-time and not persisted in the universal journal. These virtual organizational units allow the reporting user to show inter-unit eliminations at the correct hierarchy level.

Key Process Steps Covered

  • Prepare data
  • Load data from SAP S/4HANA and outside sources
  • Validate data with sets of built-in controls
  • Consolidate data
  • Perform reporting

Benefits

  • Provide configuration functionality for managerial entities for inclusion in matrix consolidation
  • Incorporate managerial consolidation entities in the standard consolidation process flow
  • Allow flexible reporting across managerial unit hierarchies showing eliminations on the correct management hierarchy nodes

Where is Group Reporting - Matrix Consolidation(3LX) 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 - Matrix Consolidation (3LX)

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


Download Process Flow of Best Practice scenario Group Reporting - Matrix Consolidation (3LX) - S/4HANA OP
Ref: Finance of SAP S4H-2021
Best Practices related to S/4HANA*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:
Place comment