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

SAP Term: rule

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A tool to generate automatic journal entries using database amounts during automatic processing.

Smart SAP Assistant

• Key Concepts: 
  A rule in SAP BusinessObjects Financial Consolidation (EPM-FC) is a set of instructions that define how data is processed and consolidated. Rules are used to define the logic of the consolidation process, such as which accounts are included in the consolidation, how data is aggregated, and how adjustments are made. 
  
  How to use it: 
  Rules can be created and edited in the Rules Editor. The Rules Editor allows users to create rules using a graphical interface, which makes it easier to understand and modify the logic of the consolidation process. Rules can also be imported from external sources, such as Excel spreadsheets. 
  
  Tips & Tricks: 
  When creating rules, it is important to ensure that they are accurate and complete. It is also important to test the rules before running the consolidation process to ensure that they are working correctly. 
  
  Related Information: 
  For more information on rules in SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official documentation available on the SAP website.