What is default value in SAP EC-CS - Consolidation?

SAP Term: default value

• Component: EC-CS

• Component Name: Consolidation

• Description: A characteristic value that is set by the SAP system when assignment information is missing. A prerequisite for the default is that the breakdown type of the characteristic permits the setting of default values.

Smart SAP Assistant

• Key Concepts: 
  Default value is a feature in SAP EC-CS Consolidation that allows users to set a value for a field that will be automatically populated when the field is left blank. This feature can be used to save time and ensure accuracy when entering data into the system.
  
  How to use it: 
  To set a default value in SAP EC-CS Consolidation, go to the “Settings” tab and select “Default Values”. From there, you can select the field you want to set a default value for and enter the desired value. Once saved, this value will be automatically populated when the field is left blank.
  
  Tips & Tricks: 
  When setting default values, it is important to make sure that the value entered is appropriate for all scenarios. For example, if setting a default value for a currency field, make sure that the currency selected is applicable for all transactions. 
  
  Related Information: 
  For more information on setting default values in SAP EC-CS Consolidation, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_EC-CS_Consolidation/7.5/en-US