What is 'hierarchy level' in SAP EC-CS - Consolidation?

hierarchy level - Overview

• Component: EC-CS

• Component Name: Consolidation

• Description: A means for classifying and ranking consolidation groups within a hierarchy of consolidation groups. For example, a dimension based on products and regions could contain two hierarchies, which use the following hierarchy levels: A product-based hierarchy that uses the levels corporate group, division, product group, product, and product by region A region-based hierarchy that uses the levels corporate group, continent, country, region and product by region Each dimension can contain any number of hierarchy levels. Each consolidation group is assigned to exactly one hierarchy level of a dimension.

hierarchy level - Details

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  Key Concepts: 
  Hierarchy level is a concept used in the SAP EC-CS Consolidation component. It is a way of organizing data into different levels, allowing users to view and analyze data in a more organized and efficient manner. Hierarchy levels can be used to group data into different categories, such as by company, region, or product. 
  
  How to use it: 
  In the SAP EC-CS Consolidation component, hierarchy levels are used to organize data into different levels. This allows users to view and analyze data more easily and efficiently. To create a hierarchy level, users must first define the structure of the hierarchy level, which includes the number of levels and the type of data that will be included in each level. Once the structure is defined, users can then add data to each level. 
  
  Tips & Tricks: 
  When creating a hierarchy level in SAP EC-CS Consolidation, it is important to consider how the data will be used. This will help ensure that the hierarchy level is organized in a way that makes sense for the user’s needs. Additionally, it is important to consider how the hierarchy level will be used in reports and other analysis tools. 
  
  Related Information: 
  For more information on using hierarchy levels in SAP EC-CS Consolidation, please refer to the official SAP documentation. Additionally, there are many online resources available that provide