Financial reporting system integrating market segment attributes and accounting data

US10325276B2 · kind B2 · utility

Assignee

• SAP SE · DE

Inventors

• Stefan Walz · Freiberg, DE
• Joachim Welte · Speyer, DE
• Frank Zeisberger · Heidelberg, DE
• Joachim Kenntner · Heidelberg, DE
• Christiane Cramer · Weingarten, DE
• Peter Himmighoefer · Münstermaifeld, DE
• Georg Dopf · Schwetzingen, DE

Key dates

• Filing date: May 13, 2015
• Grant date: Jun 18, 2019
• Expiry date: Jul 28, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/12
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Financial reporting methods and systems integrate profitability and accounting data. A universal journal entry allows user definition of relevant characteristics for a market segment. The entry appends the structure of a financial document to provide linkage to market segment characteristics. When creating the financial document including profit and loss (P&L) and balance account line items, a market segment is defined with determined characteristics stored in the line item on the basis of business process dependent rules. For example in posting information on a sales order item, sales order data may be read, and customer, product, and/or other sales order information input. Additional data can be derived on the basis of the determined master data, depending upon user needs. Embodiments allow enriched reporting (e.g., flexible market segment reporting) at the line item level, affording intuitive access to defined characteristics, e.g., drill-down into details of P&L and balance account information.