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

SAP Term: correlation context

• Component: EPM-BPC

• Component Name: Business Planning and Consolidation

• Description: A field that specifies how you want to calculate root cause and prediction values for a specified KPI; either on base values or variance.

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• Key Concepts: 
  Correlation context is a feature of SAP Business Planning and Consolidation (EPM-BPC) that allows users to create multiple versions of the same data set. This feature allows users to compare different versions of the same data set, such as different budget scenarios or different versions of a financial report. Correlation context also allows users to store multiple versions of the same data set in a single file, making it easier to manage and access.
  
  How to use it: 
  To use correlation context, users must first create a correlation context in the EPM-BPC application. This can be done by selecting the “Create Correlation Context” option from the menu. Once the correlation context is created, users can then add multiple versions of the same data set to the correlation context. This can be done by selecting the “Add Version” option from the menu.
  
  Tips & Tricks: 
  When creating a correlation context, it is important to give it a descriptive name that will help you remember what it is for. This will make it easier to find and access the correlation context when needed. Additionally, when adding versions to a correlation context, it is important to give each version a descriptive name so that you can easily identify which version you are looking at.
  
  Related Information: 
  For more information on using correlation contexts in SAP Business Planning and Consolidation (EPM-BPC), please refer to the official SAP documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.