Name: Finance4U Regulatory Accounting and Reporting
SKU: display-0000059664_live_v1
Availability: InStock

Real-time Regulatory Reporting directly on SAP S/4HANA

Finance4U Regulatory Accounting and Reporting

byUtegration, LLC

Real-time Regulatory Reporting directly on SAP S/4HANA

Finance4U Regulatory Accounting and Reporting is an add-on in SAP S/4HANA, to enable utility, energy, telecommunication, or railway industries with real-time regulatory financial statements compliant to requirements from regulators, e.g. FERC (Federal Energy Regulatory Commission) in US.

Certifications

Solution Types

Extensions and Add-ons

Works with

SAP S/4HANA, SAP HANA

Benefits and Features

Benefits

Enable real-time regulatory accounting

Introduced "regulatory ledger" directly in SAP Universal Journal. Derive regulatory account (e.g. FERC account) when accounting document is posted, enabling real-time regulatory financial statements and detailed cost flow reports.

Simplify GL account and cost flow design

Does not require to expand general ledger chart of accounts for regulatory accounts. No need for dedicated cost allocation cycles for regulatory purpose. Shorten the month-end close process.

Simplify reconciliation between natural GL and regulatory account balances

In SAP Universal Journal, regulatory account is in the same line item with GL account. GL account balance is naturally reconciled with regulatory account balance. Easy to identify wrong regulatory account assignment, and to correct the error with audit trail.

More Benefits

Regulatory account and regulatory ledger

Field extension for regulatory account automatically inserted into SAP Universal Journal upon installation. Dedicated master data and hierarchy for regulatory account (e.g. FERC account).

Regulatory account derivation rule

Configurable regulatory account derivation and splitting rules. Support blended labor rate and automatically split payroll burden from payroll costs upon posting.

Regulatory financial statements

Standard regulatory balance sheet and income statement reports. Enable drill-down to cost object level reports, and further to line item reports, all with both GL account and regulatory account.

Regulatory account correction and adjustment

Manual correction tool in case regulatory account was derived wrongly. Mass update tool is provided as well, in case regulatory account derivation rules need to be changed and existing financial documents need to be updated altogether. Audit trail report is provided to identify corrections.

More Features

Plans and Pricing

All Plans include

Regulatory account and derivation rule configuration

Enhancement to posting engine to derive regulatory account

Regulatory financial statements

Cost flow tracing reports

Regulatory account correction and adjustment tools

Derive regulatory account for plan/budget data

Finance4U Regulatory Accounting and Reporting, Trial Edition

Free

For 3 Month(s)

Finance4U Regulatory Accounting and Reporting, Trial Edition

Trail usage for 3 months

Includes 3 Users

3 Month max. contract duration

Finance4U Regulatory Accounting and Reporting, On Premise

From

USD

400,000

.00

Per One-Time

Finance4U Regulatory Accounting and Reporting, On Premise

Productive Usage

Includes 100 Users

Finance4U Regulatory Accounting and Reporting, On Premise (Price Upon Request Edition)

Price upon request

Finance4U Regulatory Accounting and Reporting, On Premise (Price Upon Request Edition)

Productive Usage

Includes 100 Users

Technical Information

The information contained in this section is provided by the publisher.

Solution Types

Works with

Certifications

General

Deployment

Operations

Security

Globalization

General

Deployment

Operations

Security

Globalization

Country/Region