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

SAP Term: control level

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A rank assigned to each control. It is used to arrange controls by type so as to check the data progressively. For example, basic accounting controls are run before intercompany controls, etc.

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• Key Concepts: 
  Control level is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to define the level of control they want to have over their data. It enables users to set up different levels of control for different types of data, such as financial, operational, and legal. This allows users to ensure that their data is accurate and up-to-date. 
  
  How to use it: 
  To use the control level feature, users must first define the different levels of control they want to have over their data. This can be done by setting up different levels of control for different types of data, such as financial, operational, and legal. Once the levels are defined, users can then assign specific tasks or activities to each level. For example, a user may assign a task to the financial level that requires approval from a manager before it can be completed. 
  
  Tips & Tricks: 
  When setting up the control level feature, it is important to consider the type of data that will be controlled. Different types of data may require different levels of control. Additionally, it is important to consider who will be responsible for approving tasks or activities assigned to each level. This will help ensure that tasks are completed in a timely manner and that data accuracy is maintained. 
  
  Related Information: 
  For more information on SAP BusinessObjects Financial Consolidation (EPM-FC) and its control level feature, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.