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

hierarchy level relationships - Overview

• Component: EC-CS

• Component Name: Consolidation

• Description: The order of hierarchy levels defined for each dimension. When observing two of the hierarchy levels within a dimension, the hierarchy level relationship determines which level is the higher level.

hierarchy level relationships - Details

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  Key Concepts: 
  Hierarchy level relationships in SAP EC-CS Consolidation are the relationships between different levels of a consolidation hierarchy. These relationships define how the data from each level is consolidated into the next level. For example, a company may have a parent company and several subsidiaries, and the parent company would be the highest level in the hierarchy. The subsidiaries would be lower levels in the hierarchy, and their data would be consolidated into the parent company's data. 
  
  How to use it: 
  In SAP EC-CS Consolidation, hierarchy level relationships are set up by defining the consolidation hierarchy in the system. This is done by creating a consolidation group and assigning each subsidiary to its respective parent company. Once this is done, the system will automatically consolidate the data from each subsidiary into its parent company's data. 
  
  Tips & Tricks: 
  When setting up hierarchy level relationships in SAP EC-CS Consolidation, it is important to ensure that all subsidiaries are assigned to their respective parent companies. This will ensure that all data is properly consolidated into the correct parent company's data. 
  
  Related Information: 
  For more information on setting up hierarchy level relationships in SAP EC-CS Consolidation, please refer to the official SAP documentation.