What is reporting scope in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: reporting scope

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: The reporting units to be taken into account in the scope, including the consolidation rates and methods to be applied. It is often used to add together accounts for a group of reporting units in order to obtain an overall view of the results for a particular branch of activity.

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• Key Concepts: 
  Reporting scope is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to define the scope of their reports. It enables users to select which entities, periods, and currencies to include in their reports. This helps users to focus on the data that is most relevant to their needs. 
  
  How to use it: 
  To use the reporting scope feature, users must first define the entities, periods, and currencies that they want to include in their reports. This can be done by selecting the appropriate options in the reporting scope window. Once these selections have been made, users can then generate their reports with the desired scope. 
  
  Tips & Tricks: 
  When defining the reporting scope, it is important to consider which entities, periods, and currencies are most relevant to the report. This will help ensure that only the most relevant data is included in the report. Additionally, it is important to remember that changes made to the reporting scope will affect all subsequent reports generated with that scope. 
  
  Related Information: 
  For more information on how to use the reporting scope feature in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official documentation provided by SAP. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.