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

SAP Term: formula

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A feature used to calculate data and enter the results automatically.

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• Key Concepts: 
  Formula in SAP BusinessObjects Financial Consolidation (EPM-FC) is a calculation that is used to define the value of a cell or a range of cells. It can be used to perform mathematical operations, such as addition, subtraction, multiplication, and division, as well as more complex calculations. Formulas can also be used to reference other cells or ranges of cells. 
  
  How to use it: 
  Formulas can be created in SAP BusinessObjects Financial Consolidation (EPM-FC) by entering the formula into the formula bar. The formula bar is located at the top of the screen and can be accessed by clicking on the cell or range of cells that you want to apply the formula to. Once the formula has been entered, it will be applied to the selected cell or range of cells. 
  
  Tips & Tricks: 
  When creating formulas in SAP BusinessObjects Financial Consolidation (EPM-FC), it is important to remember that formulas are case sensitive. This means that if you enter a formula with capital letters, it will not work if you enter it with lowercase letters. Additionally, when referencing other cells or ranges of cells in a formula, make sure that you use absolute references instead of relative references. This will ensure that your formula works correctly even if you move or copy it to another location. 
  
  Related Information: 
  For more information on formulas in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official documentation provided by SAP. Additionally, there are many online tutorials and resources available that provide step-by-step instructions on how to create and use formulas in EPM-FC.