What is audit package template in SAP BC-ILM - Information Lifecycle Management?

SAP Term: audit package template

• Component: BC-ILM

• Component Name: Information Lifecycle Management

• Description: Restricts the entire scope of the tables, field views data views, and relationships according to the information you need for auditing purposes. You can use the audit package template to prepare for queries related to tax audits or financial audits or for product liability purposes. You use the audit package template as the basis for creating an audit package in Retention Warehouse scenario.

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• Key Concepts: 
  An audit package template is a predefined set of documents and information that can be used to audit an SAP system. It contains a list of all the objects and data that need to be checked, as well as the steps to be taken in order to complete the audit. The template is designed to ensure that all necessary information is collected and that the audit process is efficient and effective.
  
  How to use it: 
  The audit package template can be used by auditors to quickly and easily create an audit plan for an SAP system. The template includes a list of all the objects and data that need to be checked, as well as the steps to be taken in order to complete the audit. The auditor can then customize the template according to their specific needs.
  
  Tips & Tricks: 
  When using an audit package template, it is important to ensure that all necessary information is included in the template. This includes a list of all objects and data that need to be checked, as well as any additional steps or processes that need to be completed in order to complete the audit. Additionally, it is important to ensure that the template is updated regularly in order to keep up with any changes or updates in the SAP system.
  
  Related Information: 
  The BC-ILM Information Lifecycle Management component of SAP provides a range of tools and features for managing and auditing SAP systems. This includes an audit package template which can be used by auditors to quickly and easily create an audit plan for an SAP system. Additionally, BC-ILM also provides tools for managing user access, security, and compliance with regulations.