SEM-BCS is SAP’s solution for the creation of consolidated financial statements. It is the successor of EC-CS which has been well introduced for many years. Unlike EC-CS SEM-BCS is built on top of SAP BW / Netweaver BI which provides users with the full reporting capabilities of the Data Warehouse suite.
In 2006 SAP has started to ship the new version SEM-BCS 6.0 which is based on Netweaver 2004S / BI7. Caleo has already gathered project experience with SEM-BCS 6.0.