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Accounting and Financial Close

Streamline reconciliation and consolidation processes and enable compliant reporting.

Run efficient and compliant accounting and financial close operations

Automate workflows to support faster, leaner accounting processes while helping ensure you fulfill regulatory requirements.

Solve all your accounting and financial close needs with SAP

Deploy next-generation finance for the Digital Age

Implement SAP S/4HANA for central finance foundation, without disrupting existing systems, and adopt capabilities for financial reconciliation and the preparation of financial statements.

Gain speed and transparency with unified group reporting

Enhance group-level financial reporting by using unified consolidation to combine local and group closing, resulting in substantial gains in speed, accuracy, and group-wide transparency.  

Execute and analyse regulatory obligations

See how SAP S/4HANA for advanced compliance reporting helps you centrally manage the statutory process, including adjustments, corrections, and submissions.

Choose your SAP software for accounting and financial close

Real-time accounting and financial processes

Achieve a faster, more compliant financial close by enabling one common view of accounting and financial data to improve enterprise-wide consistency and gain live business insights.

Accelerated complex closing cycles

Automate complex closing processes, simplify auditing activities, and comply with financial reporting and regulatory standards by enabling accounting teams to work together in one intuitive user interface.

Compliant revenue recognition and accounting process

Comply with all statutory regulations for revenue recognition; handle orders, invoices, and events from multiple SAP and non-SAP systems; and gain flexibility by decoupling revenue recognition rules from order entry and billing systems.

Account substantiation and automation

Standardise and streamline financial closing; support continuous accounting practices in the cloud; and enhance key steps to increase efficiency, productivity, and data integrity.

Intercompany financial processes

Centralise and streamline intercompany transactions and subledger details in a global hub to unify intercompany processes, data, and people and extend ERP solutions with capabilities like intercompany reconciliation, netting, and settlement.

Get the latest news and trends from experts

Picture of Elizabeth Milne, who writes about how SAP and Blackline have partnered on financial closing solutions
Elizabeth Milne
Accounting and Financial Close Expert,
SAP

Supporting end-to-end financial close processes

Find out how SAP’s partnership with BlackLine is helping deliver a comprehensive solution for financial closing.

Picture of Elizabeth Milne, who writes about how solutions from SAP and Blackline are transforming balance sheet substantiation
Elizabeth Milne
Accounting and Financial Close Expert,
SAP

Transforming the balance sheet substantiation process

See how BlackLine solutions complement ERP solutions from SAP to enable standardisation and automation in financial close processes.

Picture of Elizabeth Milne, who writes about SAP Substantiation and Automation
Elizabeth Milne
Accounting and Financial Close Expert,
SAP

Streamlining and automating core close tasks

Learn how SAP Account Substantiation and Automation automates tasks, such as balance sheet substantiation and journal entries.

SAP offers a variety of services and support for your business needs

SAP Help Portal

Find documentation on product onboarding, implementation, and extensibility, while exploring Learning Journeys and accessing support resources.

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SAP Developer centre

Make the most of your SAP solutions by following step-by-step guides, referring to documentation and how-to-videos, and subscribing to our monthly newsletter.

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