FINANCE PROCESS ยท EXPLAIN

Financial reporting turns ledger balances into statements and management insight.

The balance sheet, income statement, cash-flow information, and segment or profit-center views use the same governed accounting record with drill-down to source documents.

How SAP controls it

Financial statement versions, ledgers, currencies, accounting principles, hierarchies, semantic tags, and consolidation mappings define presentation.

Example

A margin variance in the income statement is traced through account and profit-center detail to its originating billing documents.