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

SAP Term: scope

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: The calculations used by default in the associated scope occurrences.

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• Key Concepts: 
  Scope in SAP BusinessObjects Financial Consolidation (EPM-FC) is a feature that allows users to define the scope of their consolidation process. It enables users to select which entities, accounts, and periods should be included in the consolidation process. This helps to ensure that only the necessary data is included in the consolidation process, making it more efficient and accurate. 
  
  How to use it: 
  To use scope in EPM-FC, users must first define the scope of their consolidation process. This can be done by selecting which entities, accounts, and periods should be included in the consolidation process. Once the scope has been defined, users can then begin the consolidation process. 
  
  Tips & Tricks: 
  When defining the scope of a consolidation process, it is important to ensure that only the necessary data is included. This will help to make the consolidation process more efficient and accurate. Additionally, it is important to remember that any changes made to the scope will need to be reflected in all subsequent consolidations. 
  
  Related Information: 
  For more information on scope in EPM-FC, please refer to SAP’s official documentation on the topic: https://help.sap.com/viewer/product/SAP_BUSINESSOBJECTS_FINANCIAL_CONSOLIDATION/10_0/en-US/f3c9f8d7a2b14e6f9a7d3c8b2f5e4d1a.html