Best Practice scenario Interest Rate Derivatives Management - Group Ledger IFRS (1XB)

Interest Rate Derivatives Management - Group Ledger IFRS (1XB)

By activating parallel valuation for Interest Rate Derivatives, you can use an additional valuation area besides your operational valuation area according to International Financial Reporting Standards (IFRS9) phase I (Classification and Measurement).

Key Process Steps Covered

Generate and post accounting postings
Run accruals
Perform valuation of financial instruments
Reclassify from long term to short term
Post realized profit and loss

Benefits

Update the general ledger according to IFRS9 phase I (Classification and Measurement)
Process the valuation of transactions and position
Automate the month-end accounting processing

Where is Interest Rate Derivatives Management - Group Ledger IFRS(1XB) being used?

This Scope item is used in the following way:

As a support function of Treasury Management within Finance Scope Item Group

Process flow of Interest Rate Derivatives Management - Group Ledger IFRS (1XB)

Find below the process flow of the scope item Interest Rate Derivatives Management - Group Ledger IFRS as it is defined for release s4h-2021.

Download Process Flow of Best Practice scenario Interest Rate Derivatives Management - Group Ledger IFRS (1XB) - 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: