What is activity in SAP EC-CS - Consolidation?

SAP Term: activity

• Component: EC-CS

• Component Name: Consolidation

• Description: A fundamental step within the consolidation of investments in which the SAP system processes the following consolidation items, in particular: Investments Stockholders' equity Minority ownership in investment or equity Goodwill SAP provides the following activities: Purchase, sale, and transfer of ownership, including the resulting changes in indirect investments Increase and reduction in stockholders' equity Recognition of minority interest in retained earnings Amortization, impairment, and elimination of goodwill Change of the method used for the consolidation of investments The SAP system posts one document per activity.

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• Key Concepts: 
  Activity in SAP EC-CS Consolidation is a unit of work that is used to define the scope of consolidation. It is used to group together related consolidation tasks such as data collection, data validation, and consolidation. An activity can be created for a single period or multiple periods. 
  
  How to use it: 
  To create an activity in SAP EC-CS Consolidation, go to the “Activities” tab in the Consolidation menu. Select “Create Activity” and enter the required information such as the name of the activity, the period(s) it covers, and any other relevant details. Once the activity is created, it can be used to define the scope of consolidation tasks. 
  
  Tips & Tricks: 
  When creating an activity, it is important to give it a descriptive name that clearly indicates what it covers. This will make it easier to identify and manage activities in the future. Additionally, activities can be reused for multiple periods if they cover the same scope of consolidation tasks. 
  
  Related Information: 
  For more information on activities in SAP EC-CS Consolidation, please refer to the official documentation here: https://help.sap.com/viewer/product/SAP_EC-CS_Consolidation/7.5/en-US