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

SAP Term: control

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: An automatic process to check if the data in packages or manual journal entries is valid.

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• Key Concepts: 
  Control is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to manage and monitor their financial consolidation process. It provides a comprehensive set of tools to ensure that the consolidation process is accurate and efficient. Control includes features such as data validation, data reconciliation, and audit trails. 
  
  How to use it: 
  Control can be used to manage the consolidation process by setting up rules and validations for data entry, as well as providing an audit trail for any changes made. It also allows users to reconcile data between different sources, ensuring accuracy and consistency. Additionally, Control can be used to monitor the progress of the consolidation process, allowing users to identify any potential issues or discrepancies. 
  
  Tips & Tricks: 
  When using Control, it is important to ensure that all rules and validations are set up correctly in order to ensure accuracy and efficiency. Additionally, it is important to regularly monitor the progress of the consolidation process in order to identify any potential issues or discrepancies. 
  
  Related Information: 
  For more information on Control, please refer to the SAP BusinessObjects Financial Consolidation documentation. Additionally, there are a number of online resources available that provide further information on how to use Control effectively.