What is consolidation in SAP EIM-MDS - SAP Master Data Services?

SAP Term: consolidation

• Component: EIM-MDS

• Component Name: SAP Master Data Services

• Description: Process of bringing together data from multiple sources, standardizing and matching the data, culminating in the calculation of a best record that represents a single version of truth for data consumption.

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• Key Concepts: 
  Consolidation is a process in SAP Master Data Services (EIM-MDS) that allows users to combine multiple data sources into a single, unified view. This process is used to ensure data accuracy and consistency across multiple systems. It also helps to reduce the amount of manual effort required to maintain data integrity. 
  
  How to use it: 
  Consolidation in SAP Master Data Services (EIM-MDS) is done by creating a consolidation group. This group contains the data sources that need to be consolidated. The user then defines the rules for how the data should be combined and the desired output format. Once the consolidation group is created, the user can run the consolidation process which will combine the data sources into a single, unified view. 
  
  Tips & Tricks: 
  When creating a consolidation group, it is important to ensure that all of the data sources are compatible with each other. This will help to ensure that the consolidation process runs smoothly and produces accurate results. Additionally, it is important to review the output of the consolidation process to ensure that all of the desired data has been combined correctly. 
  
  Related Information: 
  For more information on consolidation in SAP Master Data Services (EIM-MDS), please refer to the official documentation available on SAP's website. Additionally, there are many online tutorials and videos available which provide step-by-step instructions on how to use this feature.