What is reason for exemption from consolidation in SAP EC-CS - Consolidation?

SAP Term: reason for exemption from consolidation

• Component: EC-CS

• Component Name: Consolidation

• Description: The reasons why consolidation units are not included in consolidation. These can be legal reasons, for example. A reason for exemption from consolidation can be assigned to a consolidation unit in its master data.

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• Key Concepts: 
  EC-CS Consolidation is a component of SAP software that allows companies to consolidate their financial statements. Reason for exemption from consolidation is a term used to describe the reasons why a company may choose not to consolidate certain financial statements. Reasons for exemption from consolidation can include, but are not limited to, the company's size, the complexity of the financial statements, or the lack of reliable information. 
  
  How to use it: 
  When using EC-CS Consolidation, companies must decide which financial statements they will consolidate and which ones they will exempt from consolidation. Companies should consider the reasons for exemption from consolidation before making their decision. Reasons for exemption from consolidation can include, but are not limited to, the company's size, the complexity of the financial statements, or the lack of reliable information. 
  
  Tips & Tricks: 
  When considering reasons for exemption from consolidation, companies should consider all available information and make an informed decision. Companies should also consider any potential risks associated with not consolidating certain financial statements. 
  
  Related Information: 
  For more information on EC-CS Consolidation and reasons for exemption from consolidation, please refer to SAP's official documentation or contact your SAP representative.