Implementation & Configuration Guide for Finance Master Data Governance (SAP MDG-F)

SAP MDG for Finance (MDG-F) provides centralized maintenance and governance for a wide range of financial master data. These include u.a. Objects such as account and group accounts, general ledger accounts, companies, profit centers, cost centers and their hierarchies. In addition, custom financial master data objects, such as Internal orders are presented with MDG-F.Specifics of the SAP MDG-F: Integration of corporate financial data with the financial data of the subsidiaries Mapping between group accounts and operative chart of accounts Tracking of change processes under IFRS, Sarbanes-Oxley, GAAP etc. possible Time-dependent and period-dependent versioning: transparency, traceability, edition (summary of several steps for the final release)The centralized MDG-F system enables user-friendly management of your financial data and specific customization options for regulatory compliance through holistic integration with your SAP ERP system. In particular, SAP MDG-F is characterized by the reuse of existing SAP ERP data structures and objects, which means that tests and validations can also be used analogously. The user interface is based on ABAP WebDynpro programming in order to be able to react flexibly to changed requirements.SAP Master Data Governance (MDG) is used for embedded Master Data Management (MDM), that is, centralized, out-of-the-box, domain-specific creation, modification, and distribution of master data with a focus on SAP Business Suite.