Finance Master Data Governance SAP MDG-F Application & Configuration Handbook

This document is to describe how SAP MDG functionality (MDG-F) is used for automating and centralizing of business processes for finance and business partner. Inconsistencies in financial master data arise from local, non-standardized maintenance processes (e.g. different charts of accounts) with, in some cases, manual workflow steps in a heterogeneous global system landscape. This not only affects the operational efficiency, but also the input required for the respective financial statements when preparing evaluations and the subsequent manual adjustments. In addition to this, increasing complex regulations require organizations to have change transparency and audit trails.