EY IFR helps organizations to meet their external financial reporting compliance (for US-GAAP and STAT reporting requirements only), EY IFR is a cloud- based solution built on SAP BTP (Business Technology Platform). It provides organizations a framework consisting of common reporting requirements, extensions to SAP S/4HANA and access mechanism, using SAP reporting tools. It is built using SAP S/4HANA Group Reporting, Ledger and Subledger integrated with SAP presentation tools. It’s built on top of SAP S/4HANA out-of-box content, flexible and integrated within SAP S/4HANA group reporting, ledger and subledger to provide drill-down capabilities. It also provides real-time and centralized calculation for all the reports.
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