SAP SEM-BCS, SAP EC-CS

plan consolidation

You can also process plan values ​​using a separate consolidation version at the same time. The version-dependent customizing or the function of the special version helps here. You can therefore use system settings for actual reporting unchanged for processing plan values, e.g. consolidation rules, or you can decouple system settings. The postings to totals item function enables the plan consolidation in SEM-BCS to be structured more aggregated.
Plan values ​​can be processed in SEM-BCS using multi-period consolidation over several periods or fiscal years. Thus, the mapping of a multi-year plan is possible.

Reporting system for the transfer of individual financial statements

The SEM-BCS offers the possibility of automatically taking over data from other SAP systems via the loading path of the SAP Business Warehouse. It is also possible to connect other systems to the SAP Business Warehouse. Using the "Load from data stream" function, the data is controlled individually for each company or business area in the SEM-BCS. The system allows the attachment information to be reported separately. In addition to the notification of the automatic loading route, the system offers an upload function or manual entry via layouts.
Each position value with all relevant sub-assignments such as movement types for mirror representations and partner details are automatically checked for technical correctness during the reporting process.

In addition, individual data validations can be defined in SEM-BCS in order to ensure the quality of the data at an early stage for all reports from the group companies.
An integrable reconciliation measure for intercompany issues can be used to identify any offsetting differences from the reporting company's perspective. A so-called difference split is possible here, so that currency-related differences can be recognized from non-currency-related differences. This is achieved by reporting the value in transaction currency.

Overview of essential functions of the SEM-BCS

Functional enhancements are delivered within the SEM-BCS with so-called enhancement packages. This allows you to decide individually which function should be activated for your consolidated financial statements. The following additional essential functions are available for use. There have been numerous optimizations in recent years, especially in the context of the IFRS regulations:

• Legal consolidation according to the regulations of the IAS, HGB, US-GAAP
• management consolidation
• matrix consolidation
• Automatic capital consolidation with numerous individual functions such as change of parent code or at-equity functionality, goowill statement in local currency
• Automatic postings using reclassifications
• Mapping of companies to be included proportionately 
• Currency conversion according to the modified closing rate method
• Debt and expense and revenue consolidation
• Elimination of interim results in current and fixed assets
• IFRS restatements for the retroactive adjustment of financial statements 
• Revaluation of deferred tax entries
• Version-dependent customizing

Reporting

There are various reporting options within SAP SEM-BCS: You get an insight into all posted documents and can view and analyze totals records. Re-statements can also be mapped. The extensive filter options of the system give you an insight into all master data.
BEX queries can be created via Analysis for Office (AfO), which you can use for internal and external purposes. Thanks to SAP BW, you can use third-party tools for reporting and integrate and evaluate additional data from other departments. It is important to note that you may need to precalculate this data in order not to disrupt the virtual logic within the system.