Configuring Financial Consolidation on SAP Analytics Cloud

In this live session you will learn how to configure and manage financial consolidation on SAP Analytics Cloud. 

The session will explore the following topics:

• The models required
• Importing trial balances
• Automating preparatory tasks for standalone financial statements
• Configuring multiple global and entity specific rates per currency
• Setting up group ownership with multiple methods
• Automating key consolidation tasks such as detailed currency translation, intercompany matching, automated eliminations and adjustments, along with journal postings

The session is Ideal for finance professionals and IT administrators looking to streamline and optimize their consolidation processes on SAP Analytics Cloud.

After participating in this live session, you will be able to:

• Import trial balances into SAP Analytics Cloud
• Automate preparatory tasks
• Configure key aspects of the financial consolidation process, including setting up currency translations, defining ownership methods and percentages, and assigning elimination rules to streamline intercompany transactions
• Leverage SAP Analytics Cloud’s features to create consolidated financial statements and reports, ensuring a seamless and efficient consolidation process