The three separate reconciliation processes that previously had to be set up in an ECC system are combined into a single reconciliation process with SAP ICMR, which greatly reduces the amount of reconciliation work and increases flexibility in execution. For users, this involves not only significant additional work for reconciliation, it also makes the processes much more complex since they are not always traceable and clear. The previous solution with the SAP ICR tool ensures that different data and documents from the main and auxiliary accounting are mapped via various processes and transactions. In particular, the new intercompany reconciliation with S/4HANA is clearer.
SAP ICMR brings valuable innovations for next-generation intercompany reconciliation SAP ICMR represents a complete redesign of intercompany process, one that improves the whole process and speeds it up enormously. Just like the familiar old solution, the new version is integrated into SAP S/4HANA as an out-of-the-box solution, so there are no additional license costs to use it. SAP ICMR (Intercompany Matching and Reconciliation). With S/4HANA Release 1909 (starting with Release 1908 in S/4HANA Cloud), SAP has published an expanded and redesigned solution for reconciling intercompany bookings.
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