What is preconsolidation rule in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: preconsolidation rule

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A rule which is run on package amounts for a given reporting ID, irrespective of the scope."

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• Key Concepts: 
  Preconsolidation rules are used in SAP BusinessObjects Financial Consolidation (EPM-FC) to define the consolidation process. These rules are used to define how data is consolidated from different sources, such as subsidiaries, into a single consolidated financial statement. The preconsolidation rules can be used to define the consolidation process for different types of entities, such as parent companies and subsidiaries. 
  
  How to use it: 
  Preconsolidation rules can be used to define the consolidation process for different types of entities. For example, a parent company may have different preconsolidation rules than its subsidiaries. The preconsolidation rules can be used to define how data is consolidated from different sources into a single consolidated financial statement. The preconsolidation rules can also be used to define the consolidation process for different types of entities, such as parent companies and subsidiaries. 
  
  Tips & Tricks: 
  When creating preconsolidation rules, it is important to consider the different types of entities that will be involved in the consolidation process. It is also important to consider the different sources of data that will be used in the consolidation process. Additionally, it is important to consider any special requirements or restrictions that may apply to the consolidation process. 
  
  Related Information: 
  For more information on preconsolidation rules and how they are used in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use preconsolidation rules in SAP BusinessObjects Financial Consolidation (EPM-FC).