What is category in SAP EPM-BPC - Business Planning and Consolidation?

SAP Term: category

• Component: EPM-BPC

• Component Name: Business Planning and Consolidation

• Description: A grouping. This can be a grouping of versions or types of data, objects, or products.

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• Key Concepts: 
  Category is a term used in SAP Business Planning and Consolidation (EPM-BPC) to refer to a group of related accounts. Categories are used to organize accounts into logical groups, making it easier to analyze and report on financial data. Categories can be used to group accounts by type, such as revenue, expenses, assets, liabilities, etc. They can also be used to group accounts by region or business unit. 
  
  How to Use It: 
  In SAP Business Planning and Consolidation (EPM-BPC), categories are created in the “Categories” tab of the “Accounts” window. To create a new category, click the “New” button and enter the name of the category. Once the category is created, accounts can be added to it by selecting them from the list of available accounts. 
  
  Tips & Tricks: 
  When creating categories in SAP Business Planning and Consolidation (EPM-BPC), it is important to think about how they will be used in reporting and analysis. For example, if you are creating a category for revenue accounts, make sure that all of the accounts that should be included in that category are added. This will make it easier to generate reports that include only those accounts. 
  
  Related Information: 
  For more information on categories in SAP Business Planning and Consolidation (EPM-BPC), please refer to the official documentation available on the SAP website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to create and manage categories in EPM-BPC.