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Component: EC-CS
Component Name: Consolidation
Description: The combination of two or more organizations in which one organization directly acquires the net assets of the other organizations. As opposed to a statutory consolidation, in a merger no new legal entity is created.
Key Concepts: Merger is a process in SAP EC-CS Consolidation that allows two or more companies to combine their financial data into one consolidated financial statement. This process is used to create a single, unified financial statement that reflects the combined performance of the companies. The merger process also allows for the elimination of intercompany transactions and the consolidation of assets and liabilities. How to use it: The merger process in SAP EC-CS Consolidation is initiated by selecting the “Merger” option from the main menu. This will open a window where you can select the companies that you want to merge. Once you have selected the companies, you can enter the details of the merger, such as the date of the merger and any other relevant information. After entering all of the necessary information, you can click “Merge” to initiate the process. Tips & Tricks: When merging companies in SAP EC-CS Consolidation, it is important to ensure that all of the necessary information is entered correctly. This includes ensuring that all of the company names are spelled correctly and that all of the financial data is accurate. Additionally, it is important to ensure that all of the intercompany transactions are eliminated before initiating the merger process. Related Information: In addition to merging companies in SAP EC-CS Consolidation, there are other processes that can be used to consolidate financial data. These include consolidation by elimination, consolidation by equity method, and consolidation by proportionate consolidation. Additionally, there are various reports available in SAP EC-CS Consolidation that can be used to analyze consolidated financial data.