What is group in SAP EC-CS - Consolidation?

SAP Term: group

• Component: EC-CS

• Component Name: Consolidation

• Description: A business organization that consists of two or more companies is called a group, from a consolidation standpoint. Besides being structured by companies, a group can also be structured by any other organizational unit.

Smart SAP Assistant

• Key Concepts: 
  Group in the context of SAP EC-CS Consolidation is a collection of companies that are consolidated together. A group can be created to represent a legal entity, a business unit, or any other organizational structure. The group is used to define the consolidation scope and to assign the consolidation rules. 
  
  How to use it: 
  In order to create a group, you must first define the consolidation scope. This includes selecting the companies that will be included in the group and defining the consolidation rules. Once the scope is defined, you can create the group by assigning it a name and description. 
  
  Tips & Tricks: 
  When creating a group, it is important to consider how it will be used in the future. For example, if you plan to use the group for reporting purposes, you should ensure that all relevant companies are included in the scope. Additionally, it is important to ensure that all relevant consolidation rules are applied to the group. 
  
  Related Information: 
  For more information on creating and managing groups in SAP EC-CS Consolidation, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to create and manage groups in SAP EC-CS Consolidation.