What is consolidation unit in SAP EC-CS - Consolidation?

SAP Term: consolidation unit

• Component: EC-CS

• Component Name: Consolidation

• Description: The smallest element of the corporate group structure that can be used as the basis for performing a consolidation.

Smart SAP Assistant

• Key Concepts: 
  A consolidation unit is a group of companies that are consolidated in the SAP EC-CS Consolidation component. It is used to combine the financial data of multiple companies into one set of consolidated financial statements. The consolidation unit is the highest level of the consolidation hierarchy and contains all the companies that are to be consolidated. 
  
  How to use it: 
  The consolidation unit is created in the SAP EC-CS Consolidation component. It is used to define the scope of the consolidation process and to assign the companies that are to be consolidated. The consolidation unit also contains settings for currency conversion, intercompany eliminations, and other consolidation-related settings. 
  
  Tips & Tricks: 
  When creating a consolidation unit, it is important to ensure that all of the necessary companies are included in the unit. This will ensure that all of the financial data from each company is included in the consolidated financial statements. 
  
  Related Information: 
  The SAP EC-CS Consolidation component also includes other features such as currency translation, intercompany eliminations, and other consolidation-related settings. For more information on these features, please refer to the SAP Help documentation.