What is category in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: category

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A main dimension corresponding to the type of data reported periodically.

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• Key Concepts: 
  A category in SAP BusinessObjects Financial Consolidation (EPM-FC) is a way of organizing data into logical groups. Categories are used to classify data into different types, such as accounts, currencies, and entities. This allows users to quickly and easily access the data they need. 
  
  How to use it: 
  Categories can be created in the EPM-FC application by selecting the “Categories” tab in the main menu. From there, users can create new categories and assign them to different data elements. Categories can also be edited or deleted if needed. 
  
  Tips & Tricks: 
  When creating categories, it is important to consider how they will be used. For example, if a user wants to quickly access all accounts related to a specific entity, they should create a category for that entity and assign all relevant accounts to it. This will make it easier to find the data they need. 
  
  Related Information: 
  For more information on categories in EPM-FC, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESSOBJECTS_FINANCIAL_CONSOLIDATION/10.0/en-US/categories_overview.html