1. SAP Glossary
  2. SAP BusinessObjects Financial Consolidation
  3. generate an opening package


What is generate an opening package in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?


SAP Term: generate an opening package


Smart SAP Assistant

  • Key Concepts: 
    Generating an opening package in SAP BusinessObjects Financial Consolidation (EPM-FC) is the process of creating a set of data that will be used as the starting point for a consolidation cycle. This package includes the opening balances, exchange rates, and other data that will be used to begin the consolidation process. 
    
    How to use it: 
    To generate an opening package in EPM-FC, first select the “Opening Package” option from the main menu. Then, select the entities and periods that you want to include in the package. Finally, click “Generate” to create the package. 
    
    Tips & Tricks: 
    When generating an opening package, it is important to make sure that all of the data is accurate and up-to-date. This will ensure that your consolidation cycle starts off on the right foot. 
    
    Related Information: 
    For more information on generating an opening package in EPM-FC, please refer to SAP’s official documentation here: https://help.sap.com/viewer/product/SAP_BUSINESSOBJECTS_FINANCIAL_CONSOLIDATION/10.0/en-US/f3c9f8a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b14e6f9a7d2b1/.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author