What is aggregated balance sheet in SAP EC-CS - Consolidation?

SAP Term: aggregated balance sheet

• Component: EC-CS

• Component Name: Consolidation

• Description: An aggregated balance sheet shows the sum of all the individual financial statement data that has been standardized according to corporate policy. entries are not taken into account in the aggregated balance sheet.

Smart SAP Assistant

• Key Concepts: 
  An aggregated balance sheet is a financial statement that summarizes the assets, liabilities, and equity of a company or group of companies. It is used to provide an overview of the financial position of the company or group. In SAP EC-CS Consolidation, an aggregated balance sheet is used to consolidate the financial statements of multiple companies into one report. 
  
  How to use it: 
  In SAP EC-CS Consolidation, an aggregated balance sheet can be created by selecting the “Aggregated Balance Sheet” option from the “Reports” menu. This will open a window where you can select the companies you want to include in the report and specify any additional parameters such as date range and currency. Once you have selected all the necessary parameters, click “Generate Report” to create the aggregated balance sheet. 
  
  Tips & Tricks: 
  When creating an aggregated balance sheet in SAP EC-CS Consolidation, it is important to ensure that all companies included in the report are using the same currency and accounting standards. This will ensure that the report is accurate and consistent. Additionally, it is important to check that all companies included in the report have up-to-date financial statements. 
  
  Related Information: 
  For more information on creating an aggregated balance sheet in SAP EC-CS Consolidation, please refer to the official SAP documentation at https://help.sap.com/viewer/product/EC-CS/latest/en-US/index.html?topic=Consolidation_Aggregated_Balance_Sheet_Report_Creating_an_Aggregated_Balance_Sheet_Report.html