What is collection site in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: collection site

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: The list all of the packages in which the child sites have entered data. It is customized either by the consolidation or customization site.

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• Key Concepts: 
  A collection site is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to collect data from multiple sources and consolidate it into a single report. It is used to create a single, unified view of financial data from multiple sources, such as different companies, subsidiaries, or departments. 
  
  How to use it: 
  To use the collection site feature, users must first create a collection site in the Financial Consolidation application. This can be done by selecting the “Create Collection Site” option from the main menu. Once the collection site is created, users can then add data sources to it. This can be done by selecting the “Add Data Source” option from the main menu. Once all of the desired data sources have been added, users can then begin consolidating the data into a single report. 
  
  Tips & Tricks: 
  When creating a collection site, it is important to ensure that all of the data sources are compatible with each other. This will ensure that all of the data can be consolidated into a single report without any issues. Additionally, it is important to ensure that all of the data sources are up-to-date before attempting to consolidate them. 
  
  Related Information: 
  For more information on using the collection site feature in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official documentation provided by SAP. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.