What is data transfer method in SAP EC-CS - Consolidation?

SAP Term: data transfer method

• Component: EC-CS

• Component Name: Consolidation

• Description: Method used to collect reported financial data in the system. The following data transfer methods are supported: Realtime update from Financial Accounting in only Periodic extract from Financial Accounting Rollup from special purpose ledgers Online data entry in the SAP System. Offline data entry on the basis of Microsoft Access Flexible upload from non-SAP systems Copying a source version to a target version Reading from BW in SEM-BCS only

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• Key Concepts: 
  Data transfer method is a feature of the EC-CS Consolidation component of SAP. It allows users to transfer data from one system to another, such as from a source system to a consolidation system. The data transfer method can be used for both manual and automated data transfers. 
  
  How to use it: 
  To use the data transfer method, users must first define the source and target systems in the consolidation system. Then, they must define the data transfer rules, which specify which data should be transferred and how it should be transferred. Finally, users can execute the data transfer process to move the data from the source system to the consolidation system. 
  
  Tips & Tricks: 
  When defining the data transfer rules, it is important to ensure that all relevant data is included in the transfer. Additionally, users should consider using automated data transfers whenever possible, as this will save time and reduce errors. 
  
  Related Information: 
  The EC-CS Consolidation component also includes features such as currency conversion and consolidation methods. Additionally, users can use other components of SAP such as SAP BW or SAP HANA to further enhance their consolidation processes.