What is 'value item' in SAP EC-CS - Consolidation?

value item - Overview

• Component: EC-CS

• Component Name: Consolidation

• Description: A financial statement item for which you can enter data as values or quantities.

value item - Details

• 
  Key Concepts: 
  Value item is a term used in the SAP EC-CS Consolidation component. It is a type of data element that stores the value of a particular item in a consolidation process. It is used to store the value of an item that is being consolidated, such as a financial statement line item or an inventory item. 
  
  How to use it: 
  Value items are used in the consolidation process to store the value of an item that is being consolidated. This value can be used to calculate the total value of the consolidated items. The value items can also be used to compare the values of different items in the consolidation process. 
  
  Tips & Tricks: 
  When creating value items, it is important to ensure that they are properly configured and that they are correctly linked to the appropriate data elements. This will ensure that the values stored in the value items are accurate and up-to-date. 
  
  Related Information: 
  The SAP EC-CS Consolidation component also includes other data elements such as currency items, which are used to store currency values for consolidated items. Additionally, there are other components within SAP such as Financial Accounting and Controlling which also use value items for their consolidation processes.