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Component: EC-CS
Component Name: Consolidation
Description: An activity in consolidation of investments in which the equity of the acquired company is passed to a company that is situated on the same level of the group hierarchy as the acquired company itself.
Key Concepts: Horizontal combination is a feature of the SAP EC-CS Consolidation component that allows users to combine financial data from multiple companies into one consolidated report. This feature enables users to compare and analyze financial data from different companies in one report. How to use it: To use the horizontal combination feature, users must first set up the consolidation structure in the SAP system. This includes defining the consolidation units, setting up the consolidation hierarchy, and assigning the appropriate accounts to each unit. Once this is done, users can then select the companies they want to combine and generate a consolidated report. Tips & Tricks: When setting up the consolidation structure, it is important to ensure that all accounts are assigned correctly. This will ensure that the consolidated report contains accurate and up-to-date information. Additionally, users should also check that all companies selected for consolidation are compatible with each other. Related Information: For more information on how to use the horizontal combination feature of SAP EC-CS Consolidation, please refer to the official SAP documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to set up and use this feature.