What is characteristic in SAP EC-CS - Consolidation?

SAP Term: characteristic

• Component: EC-CS

• Component Name: Consolidation

• Description: A classification for structuring data. Characteristics in SAP include consolidation unit, financial statement item, and fiscal year. Characteristics can be subdivided as follows: Global parameters of consolidation - Dimension, version, fiscal year, period, consolidation chart of accounts, and ledger Organizational units - unit, consolidation group, partner unit, and investee unit Financial statement item FS item Subassignments of an FS item - Subitem, year of acquisition, custom subassignments Attributes of characteristics - for example, country is an attribute of a consolidation unit Other characteristics - for example fiscal year, posting level Except for the attributes, all characteristics are used for the structuring of transaction data. Thus, the key characteristics are the key fields in the transaction databases ECMCT totals database and ECMCA journal entry or line item database. The valid characteristic values of a characteristic are carried in th

Smart SAP Assistant

• Key Concepts: 
  A characteristic in SAP EC-CS Consolidation is a data element that is used to classify and group data. It is used to store information about the data, such as its type, origin, and purpose. Characteristics can be used to filter and analyze data, as well as to create reports. 
  
  How to use it: 
  Characteristics can be used in SAP EC-CS Consolidation to classify and group data. They can be used to filter and analyze data, as well as to create reports. To use characteristics, they must first be created in the system. This can be done by navigating to the “Characteristics” tab in the “Data Model” section of the system. Once created, characteristics can be assigned to data elements in the system. 
  
  Tips & Tricks: 
  When creating characteristics in SAP EC-CS Consolidation, it is important to ensure that they are properly named and described so that they are easy to understand and use. It is also important to ensure that the characteristics are assigned correctly to the appropriate data elements. 
  
  Related Information: 
  For more information on characteristics in SAP EC-CS Consolidation, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_EC-CS_Consolidation/en-US