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

SAP Term: ledger

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: An object used to organize manual journal entries by reporting unit, scope or function, etc.

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• Key Concepts: 
  A ledger is a record of financial transactions in SAP BusinessObjects Financial Consolidation (EPM-FC). It is used to store and track all financial data related to a company’s operations. Ledgers are organized into accounts, which are further divided into sub-accounts. Each account and sub-account contains a set of transactions that are related to each other. 
  
  How to use it: 
  In SAP BusinessObjects Financial Consolidation, ledgers can be used to store and track financial data related to a company’s operations. Ledgers can be created, edited, and deleted as needed. Ledgers can also be used to generate reports and analyze financial data. 
  
  Tips & Tricks: 
  When creating a ledger in SAP BusinessObjects Financial Consolidation, it is important to ensure that the ledger is properly organized into accounts and sub-accounts. This will make it easier to find and analyze the financial data stored in the ledger. 
  
  Related Information: 
  For more information on ledgers in SAP BusinessObjects Financial Consolidation, please refer to the official documentation available on the SAP website.