The SAP S/4HANA Financial Closing Cockpit (FCC) is an application that enables you to create a structured interface for executing transactions and programs that form part of complex processes, such as closing processes. The structural layout supports processes within an organizational structure, such as a company code, as well as scenarios affecting multiple organizational structures.
The FCC allows all financial close stakeholders to access and initiate their tasks in the system, or monitor automatically scheduled tasks and report their status and any issues that arise. It can be used in the following cases:
When activities recur periodically.
When more than one person responsible is involved.
When the activities are performed within a process that has a fixed chronological sequence or is determined by dependencies.
When the activities need to be supported by a shared, uniform interface for all involved.
When the status of all periodic activities must be documented and made transparent and available for all parties involved.
When the closing tasks are documented for later checks.
The FCC allows all financial close stakeholders to set a manual status for a task, to document whether the task has been checked, and manually confirm that a transaction has been performed.
To obtain an overview of the status of the closing process, the task list allows you to access status information, issues related to tasks, and any job logs, spool lists, or application logs created by the system during task execution. This information is available regardless of whether the tasks are executed automatically or manually.
Financial Closing Cockpit: Overview
Closing Process: FCC Options
To support the closing process, the FCC offers the following options:
- Hierarchies to display the organizational objects involved in the closing process.
- A task list template based on the organizational structure.
- A detailed view of the characteristic values of the individual hierarchy levels used in the task list template.
- Task groups as set of structured folders and tasks which can be used across templates.
- Task lists that are derived from the task list template.
- A list display in which all tasks to be managed or executed from the respective task list are made available for processing or for monitoring the progress of the task.
- A monitor that provides an overview of the sequence of tasks and their status, dependencies, and critical paths in graphical form.
- Detailed information for evaluating the technical settings of tasks and analyzing background programs (spool, job log information).
- Dependencies for displaying the conditions that are prerequisite to processing individual tasks.
Smart Business Apps to report the Close Progression, Plan Actual Comparison, Close Delays, Erroneous Tasks, Omitted Tasks and Delayed Tasks.
