What is 'changes in balance sheet values' in SAP EC-CS - Consolidation?

changes in balance sheet values - Overview

• Component: EC-CS

• Component Name: Consolidation

• Description: A worksheet showing balance sheet item values after various consolidation tasks. The following development can be shown, for example: Reported financial data to standardizing entries, to standardized financial data, to consolidation entries, to consolidated financial data. &EXAMPLE& In company consolidation, this corresponds to the development from local valuation to corporate valuation to consolidated values.

changes in balance sheet values - Details

• 
  Key Concepts: 
  Changes in balance sheet values is a feature of the EC-CS Consolidation component of SAP. This feature allows users to view changes in balance sheet values over time, such as changes in assets, liabilities, and equity. This feature also allows users to view the impact of changes in exchange rates on balance sheet values. 
  
  How to use it: 
  To use this feature, users must first access the EC-CS Consolidation component of SAP. Once in the component, users can select the “Changes in Balance Sheet Values” option from the menu. This will open a window where users can view changes in balance sheet values over time. Users can also select different currencies to view the impact of exchange rate changes on balance sheet values. 
  
  Tips & Tricks: 
  When viewing changes in balance sheet values, it is important to remember that these values are only as accurate as the data entered into SAP. Therefore, it is important to ensure that all data entered into SAP is accurate and up-to-date. Additionally, it is important to remember that exchange rate changes can have a significant impact on balance sheet values, so it is important to keep an eye on exchange rates when viewing changes in balance sheet values. 
  
  Related Information: 
  For more information about the EC-CS Consolidation component of SAP, please refer to the official SAP documentation.