What is certain for uncertain in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: certain for uncertain

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A quotation technique that consists in expressing the value of the national currency in relation to a variable quantity of foreign currency.

Smart SAP Assistant

• Key Concepts: 
  Certain for uncertain is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to identify and manage uncertain items in their financial statements. This feature allows users to identify and manage items that are uncertain or difficult to quantify, such as goodwill, deferred taxes, and other non-cash items. It also allows users to track the progress of these items over time. 
  
  How to use it: 
  To use the certain for uncertain feature, users must first identify the items that are uncertain or difficult to quantify. Once identified, users can then enter the data into the system and track the progress of these items over time. The system will then provide users with a report that shows the progress of these items over time. 
  
  Tips & Tricks: 
  When using the certain for uncertain feature, it is important to ensure that all data entered into the system is accurate and up-to-date. This will help ensure that the reports generated by the system are accurate and reliable. Additionally, it is important to regularly review the reports generated by the system to ensure that any changes in the data are accurately reflected in the reports. 
  
  Related Information: 
  For more information on SAP BusinessObjects Financial Consolidation (EPM-FC) and its certain for uncertain feature, please visit SAP’s website at https://www.sap.com/products/financial-consolidation.html. Additionally, there are many online resources available that provide detailed information on how to use this feature effectively.