An end to end integrated add-on based on SAP Accrual Engine

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The solution is an add-on to SAP Accrual Engine through which the process of amortization and deferment of a transaction that cut across duration for more than a reporting period is automated and financial close is accelerated.

By Samvadya Solutions Private Limited

Overview

Accelerated period-end with proactive processing

Cost and Efforts savings due to accelerated period-end and Risk mitigation due to proactive transactional processing. Auto-accrual object creation from vendor and customer invoice via Data transfer interface utility.

Compliance with various accounting standards including IFRS

Availability of audit trail with drill back to source document. Historical exchange rate compliance for foreign accruals along with custom premature termination process of periodic contracts.

Detailed analytics and effective reporting with Fiori

Dynamic drill down reporting mechanism along with backward-forward integration with Financials. Consolidated console for Prepaid Expenses & Deferred Revenue with device independent reporting capabilities via SAP Fiori.

Details

Solution type

Extensions and Add-ons

Industry

Cross-Industry

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP S/4HANA Cloud Private EditionSAP S/4HANA Cloud Public Edition

Features

Built on SAP Accrual Engine Framework

The add-on covers complete lifecycle of amortization process, i.e. Data Acquisition via Data Transfer Utility, Data Processing via Enrichment of Accrual Object and Data Output via Dynamic Drill Down reporting & Fiori Analytics.

Built on SAP Accrual Engine Framework
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IFRS compliance for Amortization process

The add-on is tightly integrated with AR & AP module in Finance and with Controlling module and complies with the requirement of Historical exchange rate for foreign accruals. It offers unified console for Cost & Revenue Accruals with real time reconciliation with general ledger and all possible reversals scenarios including premature termination of periodic contracts.

IFRS compliance for Amortization process
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Dynamic reporting with Mobile capability

The add-on comes with robust ALV drill down reporting along with device independent analytics using SAP Fiori. Backward-Forward integration with Financials is in-built along with dynamic key date based reporting mechanism. Fiori Analytics includes multi-dimensional analysis by Accrual Object Categories, Business Partner, Account Assignment, Responsible person along with chart, bar and tabular visuals.

Dynamic reporting with Mobile capability
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Plans and pricing

All plans include:

Pre-assessment study with 30 days of free product trial (complimentary)Guaranteed refund in case of any dissatisfaction (post setup)Assured setup service by functional experts (on chargeable basis)Assured support & maintenance post implementation (pay per incident)

  • Per Instance

    Multiple Controlling Areas & Company Codes

    Includes unlimited User
    Price unavailable in this region

    Multiple Controlling Areas & Company Codes

    Includes unlimited User

  • Free Trial

    Multiple Controlling Areas & Company Codes

    Includes unlimited User
    For 30 Days
    Free
    • Maximum contract 30 days

    Multiple Controlling Areas & Company Codes

    Includes unlimited User