What is local manual journal entry in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: local manual journal entry

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A journal entry which is entered in the Package Manager view. Only local adjustment audit IDs are authorized.

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• Key Concepts: 
  Local manual journal entry is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to manually enter journal entries into the system. This feature is useful for making adjustments to the financial statements, such as correcting errors or entering non-standard transactions. 
  
  How to use it: 
  To use the local manual journal entry feature, users must first create a journal entry template. This template will contain all of the necessary information for the journal entry, such as the account numbers, amounts, and descriptions. Once the template is created, users can then enter the journal entries into the system. 
  
  Tips & Tricks: 
  When creating a journal entry template, it is important to make sure that all of the necessary information is included. This will help ensure that the journal entries are entered correctly and accurately. Additionally, it is important to double-check all of the entries before submitting them to ensure accuracy. 
  
  Related Information: 
  For more information on local manual journal entries in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature.