What is acquired company in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: acquired company

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A company acquired by another company during a purchase and sale transaction.

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• Key Concepts: 
  An acquired company is a company that has been purchased by another company. In the context of SAP BusinessObjects Financial Consolidation (EPM-FC), an acquired company is a company that has been purchased by another company and whose financial data needs to be consolidated into the parent company’s financial statements. 
  
  How to use it: 
  In order to consolidate the financial data of an acquired company into the parent company’s financial statements, the acquired company must first be set up in SAP BusinessObjects Financial Consolidation (EPM-FC). This involves creating a new entity in the system and mapping the acquired company’s accounts to the parent company’s accounts. Once this is done, the acquired company’s financial data can be consolidated into the parent company’s financial statements. 
  
  Tips & Tricks: 
  When setting up an acquired company in SAP BusinessObjects Financial Consolidation (EPM-FC), it is important to ensure that all of the necessary accounts are mapped correctly. This will ensure that all of the necessary data is included in the consolidated financial statements. 
  
  Related Information: 
  For more information on setting up an acquired company in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official documentation provided by SAP.