SAP S/4 CONTROLLING -Universal Parallel Accounting - BATCH 2

Expertise in UPA with Event-based costing, Multi-Ledger, Real-time costing, COPA, ML, assets & compliance in S/4 HANA
What you'll learn
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.
Requirements
Basic of SAP S4 HANA FICO module required
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 BreakthroughUniversal 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 CapabilitiesSeamless 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 ScenariosFixed 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 costingTransfer Pricing: Automated ledger-specific postings for compliance & transparency. Benefits to BusinessReal-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 ValueUPA 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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