What is iterative calculation step in SAP (CO - Controlling)?

SAP Term: iterative calculation step

• Component: CO

• Component Name: Controlling

• Description: An individual action in any procedure or formula used for determining prices or quantities as part of indirect activity allocation.

Smart SAP Assistant

• Key Concepts: 
  Iterative calculation step is a feature of SAP Controlling (CO) that allows users to define a sequence of calculations that are performed in a specific order. This feature is useful for complex calculations that require multiple steps to be completed in order to get the desired result. 
  
  How to use it: 
  To use the iterative calculation step, users must first define the sequence of calculations they want to perform. This can be done by creating a calculation step and assigning it a sequence number. Once the sequence is defined, users can then enter the data they want to calculate and the system will automatically perform the calculations in the order specified. 
  
  Tips & Tricks: 
  When using iterative calculation steps, it is important to ensure that all of the data entered is accurate and up-to-date. This will help ensure that the results are accurate and reliable. Additionally, it is important to double-check the sequence of calculations before running them, as this can help avoid any errors or unexpected results. 
  
  Related Information: 
  For more information on iterative calculation steps in SAP Controlling (CO), please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.