What is global parameters in SAP EC-CS - Consolidation?

SAP Term: global parameters

• Component: EC-CS

• Component Name: Consolidation

• Description: The parameters that affect the activities of a user in the system. Global parameters include the consolidation dimension, version, FS chart of accounts, ledger and fiscal year and period. This data is unique by user. Local parameters can override the parameters version, fiscal and period.

Smart SAP Assistant

• Key Concepts: 
  Global parameters are settings that are used to define the consolidation process in SAP EC-CS Consolidation. These parameters are used to define the consolidation process, such as the currency, the consolidation method, and the consolidation period. 
  
  How to use it: 
  To use global parameters in SAP EC-CS Consolidation, you must first create a new consolidation process. Once you have created the process, you can then set up the global parameters. This includes setting up the currency, the consolidation method, and the consolidation period. Once these parameters have been set up, they will be applied to all of the consolidations within that process. 
  
  Tips & Tricks: 
  When setting up global parameters in SAP EC-CS Consolidation, it is important to ensure that all of the settings are correct and consistent across all of the consolidations within a process. This will ensure that all of the consolidations are accurate and consistent. 
  
  Related Information: 
  For more information on global parameters in SAP EC-CS Consolidation, please refer to the official SAP documentation.