IFRS in SAP system

Group reporting according to IFRS

• Introduction of IFRS
• New general ledger with various ledgers (including IFRS)
• Introduction of new valuation area IFRS in asset accounting
• Double account logic
• Various IFRS scenarios:
  – Revaluation of receivables / payables
  – Individual allowance
  – foreign currency valuation
  – Screen open items by maturity
  – Provisions by movement type
• Tax deferrals
• Revaluation of current assets according to IFRS
• Profit center reporting by segments
• Profit realization (WIP, POC)
• SAP Revenue recognition according to IFRS

Country-specific Customizing for

• Germany
• USA
• Slovakia
• Hungary
• Austria
• Belgium
• Great Britain
• France
• China
• Turkey
• Poland
• Czech Republic
• Italy

Languages ​​we offer - also French and Arabic