Ensuring financial statements comply with Generally Accepted Accounting Principles (GAAP) is crucial for transparency and comparability. But managing multiple reporting requirements can be complex. MannLöwe simplifies GAAP compliance in SAP.

Solutions :

Our solution leverages SAP's parallel ledger functionality to generate reports aligned with both Local GAAP and IFRS. This eliminates data redundancy while enabling specific GAAP treatments in the Local GAAP ledger.

Benefits :

• Effortless Reporting: Generate reports compliant with Local GAAP and IFRS from a single system.
• Improved Accuracy: Minimize errors with dedicated ledgers for each reporting standard.
• Enhanced Transparency: Ensure clear and consistent financial information for stakeholders.

We partner with your finance team and IT to ensure a smooth GAAP implementation in SAP. Contact us today!