Manage Global Hierarchies
Application component: Hierarchy Applications in General Ledger
App type: Transactional
Scope items: Group Reporting - Matrix Consolidation|Advanced Bank Account Management|Universal Allocation
Description:  With this app, you can view, create, edit, activate, and deactivate hierarchies. You can also quickly create hierarchies by importing or copying from existing hierarchies in the event of structure changes or changing reporting needs. Additionally, you can check change logs and maintain node texts in multiple languages for applicable hierarchy types. 
With this app, you can view, create, edit, activate, and deactivate hierarchies and their validity timeframes. You can also quickly create hierarchies by importing or coping from existing hierarchies in the event of structure changes or changing reporting needs. Additionally, you can check change logs and maintain node texts in multiple languages for applicable hierarchy types.
Key features:   View and filter existing hierarchies by criteria such as hierarchy type, status, and validity timeframe Create, copy, and edit hierarchies, and manage their validity timeframes Activate or deactivate hierarchies for runtime use Generate simulated versions of hierarchies Export, edit, and import hierarchies via a spreadsheet Import hierarchies created with compatible applications View change logs of applicable hierarchy types Maintain node texts in multiple languages for applicable hierarchy types  
Business roles: General Ledger Accountant| Cost Accountant - Overhead| Group Accountant| External Auditor - Group Reporting| Cost Accountant - Sales| Budget Specialist - Funds Management| Budget Responsible - Funds Management| General Ledger Accountant - Group Reporting| Grant Specialist| Administrator - Group Reporting| Divisional Accountant| General Ledger Accountant - Intercompany| Grant Responsible| Tax Accountant - Corporate Income Tax
Configuration Expert - Business Process Configuration : 
Performs business process configuration and other tasks required for implementing SAP solutions, such as scoping the solution, configuring the business processes, performing manual rework activities, and changing business process configuration.

General Ledger Accountant - Public Sector for USA: (is an add-on role to the General Ledger Accountant - Public Sector)
Carries out periodic activities in general ledger, for example reviewing daily balances as well as posting interest apportionments which are activities performed by a G/L Accountant in Public Sector US.

Business Process Specialist : 
Defines business workflows within a line of business or across the organization.

General Ledger Accountant - Insurance: (is an add-on role to the General Ledger Accountant)
Carries out periodic activities in general ledger, for example registering new branches of the Insurance Company or maintaining Product Group hierarchies for Insurance products.   

General Ledger Accountant - Intercompany : 
Manages intercompany transaction documents matching and accounts reconciliation, coordinates with other business users for mismatching explanation and derivation correction, etc.

Treasury Risk Manager : 
Manages all the company's treasury activities. Uses evaluation reports to ensure that the various strategies defined for trading, market risk management, limit management, and cash management have been observed.

Divisional Accountant : 
Defines division-related master data and transfer prices between different divisions. Analyzes costs and margin for division. Prepares the division reporting package.

Project Manager - Professional Services : 
Manages execution of commercial projects ensuring scope, time, budget & client satisfaction.

Group Accountant : 
Executes and monitors group processing tasks, such as data adjustment, and inter-company elimination.

Budget Responsible - Funds Management : 
Is engaged in the determination of budget amounts within an area of responsibility, initiates and approves the efficient and legally compliant consumption of budget amounts and monitors the entire process of budget execution.

General Ledger Accountant : 
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Romania: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Romania.

Budget Specialist - Funds Management : 
Knows the detailed regulations and guidelines for budget structuring and budget processing, and maintains the budget amounts in compliance with these regulations.

General Ledger Accountant - Group Reporting : 
Ensures adherence of local data to group quality standards.

General Ledger Accountant - Public Sector for Canada: (is an add-on role to the General Ledger Accountant - Public Sector)
Obtains a Funds Overview including areas such as General Ledger, Fixed Assets, and Treasury 


Cost Accountant - Overhead : 
Defines overhead master data and the period-end allocation cycle. Implements period-end allocation and monitors overhead costs. Reports expenses on the income statement in the period in which they are incurred.

External Auditor - Group Reporting : 
Ensures adherence of group data to legal accounting standard and process governance standards.

External Auditor : 
Reviews the accounts of organizations to ensure the accuracy and completeness of their financial records.

Grant Responsible : 
Is responsible for the grant application and execution. Tasks include initiation and approval of grant budget consumption and build up of relationships to sponsors.

Cost Accountant - Sales : 
Analyzes markets, products, customers, distribution channels, and discount strategies. Reports and monitors KPIs for incoming orders, revenue, and margins. Contributes to fulfilling the organization’s sales strategy. 

General Ledger Accountant - Banks: (is an add-on role to the General Ledger Accountant)
Supports banking specific General Ledger functions and business processes.

Cash Manager : 
Is responsible for overall liquidity status of group corporate, executes cash transactions and centrally manages bank accounts with rich attributes, including overdraft limit and signatories, approves for opening or closing bank accounts, etc.

Administrator - Group Reporting : 
Performs business oriented parts of configuration, such as  master data maintenance, universal hierarchy maintenance, reporting items table, exchange rate, rule definition.

Tax Accountant - Corporate Income Tax : 
Is responsible for Corporate Income Tax Operations.

Consolidation Specialist : 
Is responsible for the Consolidation setting, processing for the FI or other business data from subsidiaries. Generates the legal & management consolidated reports.

Grant Specialist : 
Is responsible to initiate and perform all grant-related administrative processes, such as preparation of sponsor financial reports, maintenance of master data, grants lifecycle management and execution of grant related transactions like billing.

Cash Management Specialist : 
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.