What is reference table in SAP EPM-APP-ALLO - SAP Performance Management, Cost Allocation?

SAP Term: reference table

• Component: EPM-APP-ALLO

• Component Name: SAP Performance Management, Cost Allocation

• Description: A physical or logical table used as an input for an allocation step, providing driver values. &Example& An SAP HANA view with Enterprise Resource Planning ERP data on resource consumption, head counts, and so on.

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• Key Concepts: 
  A reference table is a type of table in SAP Performance Management, Cost Allocation that stores data that can be used to compare and analyze cost allocations. It contains information such as cost elements, cost centers, and other related data. The reference table is used to store the data that is used to calculate the cost allocations. 
  
  How to use it: 
  To use the reference table, you must first create a cost allocation plan. This plan will define the cost elements and cost centers that will be used in the calculation of the cost allocations. Once the plan is created, you can then enter the data into the reference table. The data can then be used to calculate the cost allocations. 
  
  Tips & Tricks: 
  When entering data into the reference table, it is important to ensure that all of the data is accurate and up-to-date. This will ensure that the calculations are accurate and that the cost allocations are correct. Additionally, it is important to keep track of any changes made to the reference table so that they can be easily tracked and updated if necessary. 
  
  Related Information: 
  For more information on SAP Performance Management, Cost Allocation and how to use a reference table, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide tutorials and tips on how to use SAP Performance Management, Cost Allocation and its related features.