SAP S/4 HANA 2023: CONTROLLING-UNIVERSAL PARALLEL ACCOUNTING
SAP S/4 HANA 2023: CONTROLLING-UNIVERSAL PARALLEL ACCOUNTING
Expertise in UPA with Event-based costing, Multi-Ledger, Real-time costing, COPA, ML, assets & compliance in S/4 HANA
SAP S/4 CONTROLLING -Universal Parallel Accounting
FINSC_LEDGER with Ledger setup: 10,30,40,50,60 and 11,31,41,51,61 and 12,32,42,52,62
"Event-based product costing supports both Make-to-Stock (MTS) and Make-to-Order (MTO) Subcontracting & CO & By Product costing Transfer Pricing
"Material Ledger" now supports up to 20 currencies for valuation, breaking the traditional 3-currency limit and enabling broader global reporting & analysis.
Description
Universal Parallel Accounting (UPA) in SAP S/4HANA
Why UPA?
Traditional ERP Limitation: Only GL supported multiple ledgers (IFRS, GAAP, Tax). CO, AA, and ML worked in silos.
Pain Points: Manual reconciliations, fragmented reporting, no real-time transparency.
SAP’s Breakthrough
Universal Parallel Accounting (UPA): End-to-end redesign in S/4HANA.
Key Innovation: Multi-ledger support across FI, CO, AA, ML, COPA.
Outcome: Real-time, reconciled, ledger-specific reporting.
Core Capabilities
Seamless Ledger-Specific Integration: GL, CO, AA, ML, COPA aligned.
Event-Based Costing: WIP, variances, overhead posted instantly (no period-end crunch).
Ledger-Specific Asset Valuation: Depreciation rules per accounting principle.
Material Ledger with Multi-Currency: Up to 5 currencies per ledger.
Universal Allocation: Replaces old cycles with real-time, auditable allocations.
Real-World Scenarios
Fixed Assets: One asset, different depreciation in IFRS vs GAAP, auto-posted to respective ledgers.
Production Orders: Standard cost in IFRS vs transfer price in Group ledger, both reconciled instantly.
MTS & MTO Manufacturing: Real-time event postings ensure immediate profitability insights.
Subcontracting & CO & By Product costing
Transfer Pricing: Automated ledger-specific postings for compliance & transparency.
Benefits to Business
Real-time, ledger-specific cost & profitability reporting.
Faster & accurate month-end closing (no bottlenecks).
Compliance with IFRS, GAAP, Tax, and internal reporting — simultaneously.
Unified view in ACDOCA (Universal Journal) – single source of truth.
Enhanced transparency for CFOs & auditors.
Strategic Value
UPA transforms finance from period-driven reporting to event-driven insights, ensuring compliance, agility, and smarter decision-making.
Who this course is for:
Recommended for all Finance, Accounts, and Management Accounting professionals, especially for those working as SAP CO module consultants."
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