Which object is used to directly support the preparation for consolidation?

In SAP S/4HANA, the object used to directly support the preparation for consolidation is the Company/Trading Partner. The trading partner field is essential for intercompany reconciliation and consolidation processes. It helps in identifying and matching intercompany transactions between different entities within a group.

Company: This represents the individual entities within a corporate group that need to prepare consolidated financial statements.

Trading Partner: This field is used to record intercompany transactions, ensuring that transactions between different companies within the same group are properly eliminated during the consolidation process.

By using the Company/Trading Partner relationship, SAP S/4HANA provides a robust mechanism to handle the complexities of intercompany transactions and consolidations, ensuring accurate and compliant financial reporting.

References

[25:27†Procedimiento Creacion nuevos elementos (Cta,PosLiq,Cege,Fondo,Recurrencia)v2 (1).docx]

[28:1†1709119988077.pdf]