SAP S/4HANA Finance and Risk - Universal Parallel Accounting

✔SAP S/4HANA 2021 – Finance Overview: http://sap.to/6056JS9IG
00:16 Intro
01:21 Group Valuation
01:43 Operating division view
01:57 Solving historical challenges
02:29 Use Case
03:56 Improved process
05:18 Ledger overview
06:40 Conclusion

For business steering purposes internationally operating organizations require a group view where intercompany profits between trading partners are eliminated in real-time.
On top, a business unit view might be required where transfers to another business unit are treated as an external sale.
Historically there were limitations with carrying multiple valuations through the entire financial process in a unified way.
Hear from Michel Haesendonckx, SAP Global Solution Owner for FP&A how universal parallel accounting changes this, by handling the different valuation views as ledgers.

Universal parallel accounting also is the baseline for the concept of value chain analysis. To learn more about this concept, you are invited to have a look at the dedicated video.