As financial operations grow more complex, the need to support multiple accounting principles, currencies, and valuation methods simultaneously has become a strategic imperative. Universal Parallel Accounting (UPA) delivers a transformative approach to financial management by enabling seamless, real-time parallel postings across ledgers within a unified data model.

This session will unpack why Universal Parallel Accounting is one of the most impactful innovations in SAP S/4HANA. You’ll learn how UPA simplifies configuration, enhances compliance, and eliminates traditional reconciliation challenges by integrating core functions such as Asset Accounting, Overhead Management, Product Costing, and Revenue Recognition with the Universal Journal.

Attend this session in order to:

• Gain a clear understanding of UPA and its role in transforming finance and compliance in SAP S/4HANA.
• Learn how to configure multiple ledgers and valuation views to support legal, group, and management reporting.
• Explore how UPA integrates with core SAP modules (FI, CO, AA, ML, Margin Analysis) to reduce duplication and improve accuracy.
• Understand reporting impacts and how UPA supports real-time insights across multiple dimensions and accounting principles.