Sheremetyevo Switches to Consolidated Reporting System
MOSCOW, Feb. 22, 2021 /PRNewswire/ -- Sheremetyevo International Airport (SIA) has rolled out a new automated system for consolidated reporting using the SAP Financial Consolidation (FC) solution.
- MOSCOW, Feb. 22, 2021 /PRNewswire/ -- Sheremetyevo International Airport (SIA) has rolled out a new automated system for consolidated reporting using the SAP Financial Consolidation (FC) solution.
- The SAP FC module makes it possible to automate two processes: preparing consolidated financial statements in accordance with IFRS requirements and generating consolidated management statements in accordance with RAS and IFRS requirements.
- The SAP solution supports consolidation of planned, actual and forecast data categories for each reporting period.
- Airport specialists use consolidation tools with a built-in control system using more than 500 indicators in their work, which allows them to develop reliable reporting for internal and external use.