1. SAP Real-Time Consolidation (RTC) allows direct access to transactional and master data from SAP S/4HANA for consolidation in SAP BPC, eliminating the need for data replication.
2. Key benefits include pre-consolidation activities at the source, real-time access to data, and a single source of truth through SAP S/4HANA's universal journal.
3. RTC utilizes a three-tier model across SAP S/4HANA, SAP BW, and SAP BPC to define consolidation rules and logic and write consolidated data back to S/4HANA.
BPC Embedded model is based on Business Warehouse-Integrated Planning (BW-IP) in which it uses BW objects directly. This model is different from Standard model and includes data access to all community users.
There are many benefits of implementing SAP Project Systems. Explore them, weigh the difference and opt for the better project management system for your organisation.
BPC Embedded model is based on Business Warehouse-Integrated Planning (BW-IP) in which it uses BW objects directly. This model is different from Standard model and includes data access to all community users.
There are many benefits of implementing SAP Project Systems. Explore them, weigh the difference and opt for the better project management system for your organisation.
In January 2018 SAP introduced the so called Cloud Platform Enterprise Agreement (CPEA) and Cloud Credits available for our customers. We would like to dive into details in this deck.
FAQs: https://wiki.scn.sap.com/wiki/pages/viewpage.action?pageId=489198716
If you are an Accounting professional looking for a career change, please look no further. We are going to recommend the best alternative career to leverage on your Accounting knowledge and start earning more than what you have been earning now in your profession.
SAP PS project system training online. Contact for demo. You will not regret it ever. The best way to learn ASAP is by doing it.
The course details several scenario you will run into, support queries and how to handle it proficiently.
A job oriented SAP FICO ONLINE TRAINING by real time domain experts with real time scenarios. Attend a free demo on SAP FICO COURSE to asses the quality of our training. Arrowsol Technologies provide both class room and online training.
SAP FI (Financial Accounting) is one of the largest modules in the SAP system.
SAP FI module provides integrated, on-line, real-time functionality for processing, recording and maintaining the functional account transactions of the business in a matter of seconds.
Quick sap co configuration Internal OrderCapgemini
Internal order is a virtual place for collecting/pooling the costs of a particular activity/task. i.e. it is a method to collect those costs and business transactions related to the task/activity. It is a means of tracking costs of a specific job, service, or task. Periodically the costs which are pooled in an internal order can be settled to an asset or to a cost center or to a GL Account or to an order. Thus, while recording you need not analyze the costs. Just record and pool the costs in internal order. After that (generally at the end of the month) these costs are analyzed and settled for relevant elements (like asset or cost center etc).
This method of recording and settling the costs helps in analyzing the costs of cost center wise, profit center wise or cost element-wise. This level of monitoring can be very detailed but allows management the ability to review Internal Order activity for better-decision making purposes.
So what is SAP HANA? How can it help my area (Line of Business) and our business overall!. Presentation lays out BASICS and how can help users enable their area/business "Real time".
A new way to enables companies to consolidate their Financial Statements faster and in real time.This is the history of a BPC Tool that was misunderstood at the beginning ,but still it’s a good option many companies to use it.
Worldwide leader in technology-enabled business transformation, Deloitte supports decision makers in streamlining the group close processes and delivering their vision through distinctive Enterprise Performance Management solutions
One of your current priorities is to enable fast, intuitive and self-service access to critical information that also allows finance teams to spend more time in analysing the reasons for the numbers rather than just reporting them.
SAP Business Planning and Consolidation (BPC), Optimized for S/4HANA, also called SAP Real- Time Consolidation, offers a tight integration of the finance consolidation process with the core ERP landscape to avoid data replication and enable real-time analysis.
In January 2018 SAP introduced the so called Cloud Platform Enterprise Agreement (CPEA) and Cloud Credits available for our customers. We would like to dive into details in this deck.
FAQs: https://wiki.scn.sap.com/wiki/pages/viewpage.action?pageId=489198716
If you are an Accounting professional looking for a career change, please look no further. We are going to recommend the best alternative career to leverage on your Accounting knowledge and start earning more than what you have been earning now in your profession.
SAP PS project system training online. Contact for demo. You will not regret it ever. The best way to learn ASAP is by doing it.
The course details several scenario you will run into, support queries and how to handle it proficiently.
A job oriented SAP FICO ONLINE TRAINING by real time domain experts with real time scenarios. Attend a free demo on SAP FICO COURSE to asses the quality of our training. Arrowsol Technologies provide both class room and online training.
SAP FI (Financial Accounting) is one of the largest modules in the SAP system.
SAP FI module provides integrated, on-line, real-time functionality for processing, recording and maintaining the functional account transactions of the business in a matter of seconds.
Quick sap co configuration Internal OrderCapgemini
Internal order is a virtual place for collecting/pooling the costs of a particular activity/task. i.e. it is a method to collect those costs and business transactions related to the task/activity. It is a means of tracking costs of a specific job, service, or task. Periodically the costs which are pooled in an internal order can be settled to an asset or to a cost center or to a GL Account or to an order. Thus, while recording you need not analyze the costs. Just record and pool the costs in internal order. After that (generally at the end of the month) these costs are analyzed and settled for relevant elements (like asset or cost center etc).
This method of recording and settling the costs helps in analyzing the costs of cost center wise, profit center wise or cost element-wise. This level of monitoring can be very detailed but allows management the ability to review Internal Order activity for better-decision making purposes.
So what is SAP HANA? How can it help my area (Line of Business) and our business overall!. Presentation lays out BASICS and how can help users enable their area/business "Real time".
A new way to enables companies to consolidate their Financial Statements faster and in real time.This is the history of a BPC Tool that was misunderstood at the beginning ,but still it’s a good option many companies to use it.
Worldwide leader in technology-enabled business transformation, Deloitte supports decision makers in streamlining the group close processes and delivering their vision through distinctive Enterprise Performance Management solutions
One of your current priorities is to enable fast, intuitive and self-service access to critical information that also allows finance teams to spend more time in analysing the reasons for the numbers rather than just reporting them.
SAP Business Planning and Consolidation (BPC), Optimized for S/4HANA, also called SAP Real- Time Consolidation, offers a tight integration of the finance consolidation process with the core ERP landscape to avoid data replication and enable real-time analysis.
A central system, which was set up as BW on HANA system serves as the basis for using GCP (Group Costing & Profitability) in a HANA scenario. SAP standard replication mechanisms and the HANA Accelerator are used, with which it is possible to accelerate existing applications without coding changes by selection in the HANA DB.
In the test laboratory of IM&C GmbH, it has been demonstrated that the current version of GCP is already running on a HANA system. It is reasonable to expect that the tested side-by-side scenario provides performance gains in the data extraction from SAP source systems.
The launched landscape prepares for integrated scenarios where not only the extraction step, but also the reporting is optimized on the central system.
SAP has reimagined finance for the digital age with S/4HANA Finance (formerly SAP Simple Finance). The software runs on the SAP HANA in-memory computing platform, so you can optimize processes, run on-the-fly analysis, and more. In this webinar, you will be introduced to some of the S/4HANA Finance key features and functionality likely to benefit your organization immediately.
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Special guest: Gregory Botticchio - Product Manager SAP BusinessObjects Web Intelligence
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S/4HANA Finance solution is a robust solution powered by
SAP HANA for the CFO office. It provides instant insights
with on-the-fly analysis across practically all dimensions of
financial data. In addition, the new HANA data model removes
system limitations linked to data aggregation. It offers an
intuitive user experience and the migration to S/4HANA
Finance solution is non-disruptive.
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• How SAP Fiori elements accelerates application development
• How SAP Build Code includes SAP Fiori tools and other generative artificial intelligence capabilities
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The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
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https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
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4. 4
Real-time Access
(No data replication)
Accounting Data
(Universal Journal)
Master Data
Virtualized SAP BW
Modeling, Aggregation and Reporting
SAP BPC Embedded
Consolidation Rules, Business Process Flow and Monitor
SAP S/4HANA Platform
Pre-consolidation
Rules
Consolidation
Entries
SAP S/4HANA
5. Instant Insight to Action on
Live Data
SAP Real-Time Consolidation
Reduced Time to Close
• One integrated environment that radically
reduces data loading and reconciliation
• Pre-consolidation activities performed at source
• Level at which data is consolidated no longer
subject to performance limitations
Real-time Data Access
• Limited or no replication of data
• Data available any time, not just at period end
• In-memory calculation logic within HANA,
consolidation "on-the-fly"
One Single Source of Truth
• S/4HANA Universal Journal as the foundation
• Ability to correct at source: fully consistent
data across the entire finance function
• Shared master data, rules and security
9. Instant Insight to Action on
Live Data
SAP Real-Time Consolidation
Reduced Time to Close
• One integrated environment that radically
reduces data loading and reconciliation
• Pre-consolidation activities performed at source
• Level at which data is consolidated no longer
subject to performance limitations
Real-time Data Access
• Limited or no replication of data
• Data available any time, not just at period end
• In-memory calculation logic within HANA,
consolidation "on-the-fly"
One Single Source of Truth
• S/4HANA Universal Journal as the foundation
• Ability to correct at source: fully consistent
data across the entire finance function
• Shared master data, rules and security
10. A new Paradigm
SAP announced availability of SAP
S/4HANA Finance for Group Reporting
1809 in September 2018 as their
strategic consolidation solution for the
SAP S/4HANA suite. As a result, further
developments on Real-Time
Consolidation (RTC) have been stopped
with maintenance to continue until year
2022. Although the product road-map
and direction from SAP are clear it’s
interesting to see that a lot of
customers are still looking to
complement their in-flight SAP
S/4HANA 1709 initiatives with RTC for a
fast and more accurate close.
What is Real-Time Consolidation?
RTC is a solution that is based on deep
integration between SAP S/4HANA and BPC
utilizing the powerful capabilities of the
Embedded BW. One of the unique features
of RTC is that it allows direct access to
master and transactional data from SAP
S/4HANA, processed real time in BPC for
consolidation. This eliminates the need for
traditional extract, transformation and load
(ETL) to a dedicated consolidation
application and thanks to virtualization
capabilities of BW and HANA, we realize the
dream of real-time reporting.
The following diagram presents the high-
level design and development components
for RTC
Instant Insight to Action on Live Data
SAP Real-Time Consolidation
Key Benefits
• From an accounting perspective the
starting point of on any consolidation
process is the trial balance providing
actual data. This is where ACODCA, the
universal journal table in SAP S/4HANA
comes in to picture. It contains the
transactional dat arequired for
consolidation. It is a unified, persistent
source of actual data for all
entities/company codes that are
operational on SAP S/4HANA.
• Foundation view is a HANA calculation
view/HDI container view* or CDS view
that acts as the basis for consolidation
views to be built on. It is mainly used to
project fields from the ACDOCA/P
tables.
• RTC Virtual provider is used to access
live actual data from the RTC auto-
generated union view. The virtual
provider also serves to write the data
back to the consolidation journal
(ACDOCC) via the assignment of the
write back class,
CL_RTC_ACDOCC_IPOV_WRITABLE
11. Instant Insight to Action on Live Data
SAP Real-Time Consolidation
The Ownership and Rates cube provide the group/entity
structure for consolidation and exchange rates information
to support currency translations in BPC. They are
referenced later to create the respective BPC
RTC entails 3-tier modelling across SAP S/4HANA, BW
and BPC. One of the last steps in that modelling process is
to activate the RTC model to reinforce the alignment
between the various components and objects. This
activation also generates a BRF+ application which is
basically a container of rule relevant context and artifacts
(e.g. rule objects) and is utilized by RTC for development
of validation rules to ensure financial integrity of your data.
Validation rules can be created using the Define Validation
Rules Fiori app.
As part of BPC modelling the consolidation, ownership and
rates models are created by referencing their respective
info-providers from Embedded BW. This is followed by a
mapping of the dimensions and attributes to their
underlying fields from HANA views, so that each info-
provider in the model is processed. The core consolidation
logic including methods, multipliers and business rules
(eliminations, currency translations & balance carry forward
etc) are also defined in the BPC application. Although the
business rules concept in RTC is like BPC (Standard
version) it is important to note that as RTC is based on
BPC Embedded technology it has been configured to deal
with periodic data.
ACDOCC is the consolidation journal which has a similar
set of fields and append structure as ACDCOA, but its
purpose being to persist the consolidated data from BPC
and to be the repository for non- SAP S/4HANA data
loaded via the flexible upload program. Also, journal entries
and consolidation monitor tasks (such as balance carry
forward, currency translation, eliminations etc) write back to
the ACDOCC table.
The RTC composite provider only has one underlying info-
provider which is the virtual provider and includes all its
fields. It provides the flexibility to join data from other BW
cubes, for e.g. historical or legacy data.
RTC aggregation level is the structure that forms the base
for all consolidation functions and provides the write-back
capability of BW planning functions (we can create
planning functions to execute some consolidation tasks). It
is created even if the underlying mapping to the provider is
1:1 and used for the development of BW queries and
reporting for RTC. For e.g. rates aggregation level is used
to create input-enabled BW query for exchange rates
submission.