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Component: EPM-BPC
Component Name: Business Planning and Consolidation
Description: If there is a variance either favorable or unfavorable in the current time, the Variance Analysis window shows the reasons or the dimension members from the account that contributed to the variance. For each member, the actual and budget values, the amount of the variance, and the impact is displayed.
Key Concepts: Reasons are used in the EPM-BPC Business Planning and Consolidation component to explain the differences between actual and planned values. Reasons are used to provide an explanation for why a variance exists between the two values. Reasons can be assigned to individual cells or to entire rows or columns. How to use it: To assign a reason to a cell, select the cell and click on the “Reasons” button in the ribbon. This will open a dialog box where you can enter a description of the reason for the variance. To assign a reason to an entire row or column, select the row or column and click on the “Reasons” button in the ribbon. This will open a dialog box where you can enter a description of the reason for the variance. Tips & Tricks: When assigning reasons, it is important to be as specific as possible. This will help ensure that any variances can be easily identified and explained. Additionally, it is important to keep track of which reasons have been assigned to which cells, rows, or columns so that they can be easily referenced in the future. Related Information: For more information on reasons in EPM-BPC Business Planning and Consolidation, please refer to SAP’s official documentation here: https://help.sap.com/viewer/product/SAP_EPM_BPC/10_0/en-US/f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9f3d7f9a8b2e14c8a9