SAP C_S4FCC_2021 Exam With Confidence Using Practice Dumps

Since cost center is set to aggregate in SAP S/4HANA Finance for group reporting, the system will aggregate the data based on the cost center field. In this case, the data for cost center A and cost center B will be aggregated, and a single record with a blank cost center will be posted in group reporting.

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the tasks that must be run before the activity based investment & equity elimination are:

• Calculate net income: This task calculates the net income of each consolidation unit based on their income statement items. The net income is used to determine the share of profit or loss of each parent unit in their subsidiaries.
• Calculate group share: This task calculates the group share percentage of each parent unit in their subsidiaries based on their ownership percentage and consolidation method. The group share percentage is used to determine the amount of investment and equity elimination.

The consolidation method field is part of a consolidation group master data record. This field is used to define the method by which the financial data of the consolidation unit will be combined with the financial data of the consolidation group. The consolidation method is essential for accurate group reporting in SAP S/4HANA Finance.