Financial Fast Close with Step Consolidation Enabled



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Transcription:

Implementation Financial Fast Close with Step Consolidation Enabled... Blown away by the amazing driver based Planning, Forecasting and Financial Fast Close Solutions built by CubeInsights and team on SAP BPC NW 10 on SAP HANA... Director EPM, Global Center of Excellence SAP

Contents Executive Summary Our SAP BPC NW 10.0 Consolidation Solution Architecture Our Pre-Configured Consolidation Solution Capabilities SAP BPC NW 10.0 Consolidation Out of The Box Functions SAP BPC NW 10.0 Solutions Building Blocks Our Pre-Configured Consolidation Implementation Demo a Step by Step Approach Our Key Differentiators Our Contact

Executive Summary The purpose of this demonstration is to provide enough functional and technical details about our pre-configured financial fast close with step consolidation enabled solutions. In this demo we will be presenting the out of the box functional capabilities of SAP s BPC NW 10.0. Viewers will learn on how our rapid solutions will cut-down the SAP BPC NW 10.0 implementation time, cost, and risk. Further users will review and use the future state of their financial close process from day one of a SAP BPC implementation, and we will show you how to access our hosted consolidation solutions over an Amazon cloud infrastructure. Our readily deployable consolidation solutions uses the new features of SAP BPC NW 10.0 including Consolidation Monitor, Controls Monitor & Ownership Manager, Currency Translation, IC Matching, IC Booking, IC Elimination and Elimination using Equity, Proportionate and Full methods.

Our Solution Architecture SEC Reports Dashboard Scorecard Planning Budgeting Forecasting Consolidati on Analysis and Reporting Layer SAP Business Objects Planning and Consolidation Application Layer SAP BW SAP Business Objects OLAP Layer SAP HANA Data Source SAP ECC Data Source Oracle Data Source JDE/PS Data Sources North America Operations Middle East Asia Operations Asia Pacific Operations

Our Solution Capabilities Our rapidly deployable consolidation solutions has been pre-configured to address the following core functions of a financial close process Data management SAP ECC, SAP BW, Non SAP, File Upload and SAP HANA GL account mapping and transformations Group currency conversion Ownership calculations Inter-company(IC) matching IC booking IC elimination Equity calculations Minority interest calculations Goodwill calculations Retained earnings calculations Carry forward Account based and Cash flow calculations Month end close reports Tax reports Work status & business process flow Security

SAP BPC NW 10.0 Consolidation Out of The Box Functions SAP BPC NW 10.0 empowers enterprises to perform the time consuming close process FASTER. The busienss process flow (BPF) feature which provides the user with a web based launch pad, guided navigation, email and visibility of process status. The new consolidation central function enables user to execute tasks as well as to monitor the status all at one place, including Data validation, ownership management, journal posting, currency conversation, and consolidation monitor Out of the box busienss rules capabilities simplifies the following implantation Matching & Booking of IC transactions differences Elimination of IC transactions Currency Conversion Account based calculations, etc

SAP BPC NW 10.0 Consolidation Solution Building Blocks Ownership Structure : Group Owns 80% Owns 80% Owns 90% Subsidiary US Subsidiary Singapore Subsidiary Germany Owns 70% Owns 80% Owns 20% Subsidiary Canada Subsidiary India Subsidiary UK

SAP BPC NW 10.0 Consolidation Solution Building Blocks Intercompany Structure : IntCo Group - Seller Owns 80% Owns 80% Owns 90% Subsidiary US - Buyer Subsidiary Singapore - Seller Subsidiary Germany Owns 70% Owns 80% IntCo Owns 20% Subsidiary Canada Subsidiary India - Buyer Subsidiary UK

SAP BPC NW 10.0 Consolidation Solution Building Blocks Data Model: Intercompany Model Consolidated P&L Consolidated Balance Sheet FX Rate Model Consolidation Model

SAP BPC NW 10.0 Solutions Building Blocks Models Needed : Model Name Type Description Consolidation Consolidation Stores consolidated data IC Matching Financial Stores IC transactions Rates Exchange Rates Stores Exchange Rate data Ownership Ownership Stores Ownership data

SAP BPC NW 10.0 Solutions Building Blocks Dimensions Needed : The model Consolidation, uses the following dimensions.

SAP BPC NW 10.0 Solutions Building Blocks Dimensions Needed : The model IC_Matching, uses the following dimensions.

SAP BPC NW 10.0 Solutions Building Blocks Dimensions Needed : The model Rates, uses the following dimensions.

SAP BPC NW 10.0 Solutions Building Blocks Dimensions Needed : The model Ownership, uses the following dimensions.

SAP BPC NW 10.0 Solutions Building Blocks Data Manager Packages : The following standard DM packages are used without any customization: Model Package Name Description Consolidation Import Transaction Data Last Overwrite Mode Imports GL data into Consolidation model Export IC Transactions Exports IC data to IC model

SAP BPC NW 10.0 Solutions Building Blocks Data Manager Packages : The following standard DM packages are used without any customization: Model Package Name Description IC_Matching FX Restatement Does Currency Conversion IC Matching IC Booking Export IC Diff Matches IC Transaction Books IC Transactions Exports Booked IC Differences to Consolidation Model

SAP BPC NW 10.0 Solutions Building Blocks Business Rules: The following screens show the business rules[methods] used in the solution :

SAP BPC NW 10.0 Solutions Building Blocks Business Rules[Method-based Multipliers]:

SAP BPC NW 10.0 Solutions Building Blocks Business Rules[Currency Translation]:

SAP BPC NW 10.0 Solutions Building Blocks Business Rules[Elimination and Adjustments]:

SAP BPC NW 10.0 Solutions Building Blocks Business Rules[Intercompany Booking]:

SAP BPC NW 10.0 Solutions Building Blocks Business Rules[Currency Translation]:

SAP BPC NW 10.0 Solutions Building Blocks Logic Scripts : Model Name Script Name Description Consolidation EXPORT_ICDATA.LGF Exports IC data to IC_Matching model IC_Matching FXTRANS.LGF Does currency conversion for IC transactions ICBOOKING.LGF ICDATA.LGF EXPORT_ICDIFF.LGF Books differences between IC transactions Does matching of IC transactions Exports IC Differences data to Consolidation model

SAP BPC NW 10.0 Solutions Architecture Consolidation Scope Validation Currency Translation IC Matching & Booking Consolidation IC Matching Model CONS Balance Sheet FX Rate Model CONS Model Ownership Model

SAP BPC NW 10.0 Solutions Implementation Steps Step # 0 Design Data model and implement it Step # 1 Load GL data into Consolidation model and validate it Step # 2 Capture Rate and Ownership data into their respective models Step # 3 Export IC transactions to a separate IC model. And, perform currency conversion on IC transactions Step # 4 Match IC transactions and book the differences Step # 5 Export booked IC transactions differences back into Consolidation model Step # 6 Review IC booking results through reports

SAP BPC NW 10.0 Solutions Implementation Steps Step # 7 Perform currency conversion on GL data at Consolidation model Step # 8 Perform consolidation at Consolidation model to eliminate Ownership and IC differences Step # 9 Review consolidated Balance Sheets for results

Perform Consolidation Data Collection

Perform Consolidation Data Preparation

Perform Consolidation IC Matching & Booking

Perform Consolidation Consolidation

Perform Consolidation Reporting

Appendix The following screens show important consolidation reports and screen-shots of important user interfaces unique to BPC 10.0 :

Entity Structure

Account Structure

Sample GL Data

Sample Rate Data

Sample Ownership Data

SAP BPC NW 10.0 End-To-End Consolidation Solutions IC Matching Report An Implementation Starter Kit Powered By SAP HANA

IC Booking Report

GL Data Before Consolidation

GL Data After Consolidation

Consolidated Balance Sheet

Consolidated Balance Sheet[ Equity ]

Consolidated Balance Sheet[ Proportionate ]

Consolidated Balance Sheet[ Purchase/Full ]

SAP BPC on HANA Contact us: Senthil Kumar Sierra Infosys, 6001, Savoy Dr, Suite # 210, Houston, TX-77036 Phone : 713-747-9693 ext: 102, Fax : 713-222-2434