What is planning profile in SAP CO - Controlling?

SAP Term: planning profile

• Component: CO

• Component Name: Controlling

• Description: A tool that groups the control parameters for the planning and budgeting functions.

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• Key Concepts: 
  A planning profile is a component of SAP Controlling (CO) that allows users to define the characteristics of a planning layout. It is used to define the structure of a planning layout, such as the number of rows and columns, the type of data that can be entered, and the type of calculations that can be performed. The planning profile also defines the data sources that can be used for planning, such as cost centers, orders, and projects. 
  
  How to use it: 
  To use a planning profile, users must first create a planning layout. This is done by selecting the appropriate planning profile from the list of available profiles. Once the layout is created, users can enter data into the cells of the layout and perform calculations based on the settings defined in the profile. The data entered into the cells can then be used for reporting and analysis purposes. 
  
  Tips & Tricks: 
  When creating a planning profile, it is important to consider how it will be used. For example, if the profile will be used for budgeting purposes, it may be beneficial to include additional columns for budgeted amounts and actual amounts. Additionally, it may be helpful to include additional rows for different cost centers or other data sources. 
  
  Related Information: 
  For more information on planning profiles in SAP Controlling (CO), please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed tutorials on how to use planning profiles in SAP Controlling (CO).