What is FS item category in SAP EC-CS - Consolidation?

SAP Term: FS item category

• Component: EC-CS

• Component Name: Consolidation

• Description: A user-defined classification of financial statement items. You can define any number of FS item categories, such as: Balance sheet Cash flow Key figure

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• Key Concepts: 
  FS item category is a component of the EC-CS Consolidation module in SAP. It is used to define the characteristics of an item in a consolidation process. It is used to determine the type of item, such as whether it is a financial statement item or a non-financial statement item. It also determines how the item will be treated in the consolidation process, such as whether it will be consolidated or not. 
  
  How to use it: 
  The FS item category is used to define the characteristics of an item in a consolidation process. It is used to determine the type of item, such as whether it is a financial statement item or a non-financial statement item. It also determines how the item will be treated in the consolidation process, such as whether it will be consolidated or not. The FS item category can be set up in the EC-CS Consolidation module by selecting the appropriate category from the drop-down list. 
  
  Tips & Tricks: 
  When setting up an FS item category, it is important to ensure that all relevant information is included. This includes the type of item, whether it is a financial statement item or a non-financial statement item, and how it will be treated in the consolidation process. Additionally, it is important to ensure that all relevant information is entered correctly so that the consolidation process runs smoothly. 
  
  Related Information: 
  For more information on FS item categories and how they are used in SAP EC-CS Consolidation, please refer to SAP Help documentation or contact your SAP support team.