What is 'consolidation type' in SAP EC-CS - Consolidation?

consolidation type - Overview

• Component: EC-CS

• Component Name: Consolidation

• Description: An indicator that determines the types of organizational units that are consolidated. Feasible options are consolidations based on companies, business areas, profit centers, divisions or branches, or the objects of internal cost accounting. The consolidation type chosen does not affect the consolidation steps that are taken during consolidation, such as interunit elimination, and elimination of interunit profits or losses. This means that all consolidation types are handled in the same manner. The integration feature of with SAP's transaction applications supports data collection for the consolidation types "company consolidation," "business area consolidation" and "profit center consolidation." Therefore, these types are referred to as integrated consolidation types.

consolidation type - Details

• 
  Key Concepts: 
  Consolidation type is a feature of the SAP EC-CS Consolidation component. It allows users to define different types of consolidation processes, such as full consolidation, partial consolidation, and elimination. Each type of consolidation has its own set of rules and settings that can be configured to meet the specific needs of the user. 
  
  How to use it: 
  To use the consolidation type feature, users must first define the different types of consolidations they need. This can be done in the Consolidation Type Settings screen in the SAP EC-CS Consolidation component. Once the types are defined, users can then configure the settings for each type, such as which accounts should be included in the consolidation process and how they should be consolidated. 
  
  Tips & Tricks: 
  When configuring the settings for each consolidation type, it is important to consider how the data will be used and what kind of results are expected from the consolidation process. This will help ensure that the settings are configured correctly and that the results are accurate. 
  
  Related Information: 
  For more information on how to use the consolidation type feature in SAP EC-CS Consolidation, please refer to the official SAP documentation.