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

SAP Term: Statutory scope occurrence

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: A type of scope occurrence.

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• Key Concepts: 
  Statutory scope occurrence is a feature of SAP BusinessObjects Financial Consolidation (EPM-FC) that allows users to define the scope of their consolidation process. This feature allows users to define which entities, currencies, and periods should be included in the consolidation process. It also allows users to define which consolidation rules should be applied to the data. 
  
  How to use it: 
  To use the statutory scope occurrence feature, users must first define the entities, currencies, and periods that should be included in the consolidation process. This can be done by selecting the appropriate options in the “Statutory Scope Occurrence” tab of the EPM-FC application. Once these selections have been made, users can then define which consolidation rules should be applied to the data. This can be done by selecting the appropriate options in the “Consolidation Rules” tab of the EPM-FC application. 
  
  Tips & Tricks: 
  When defining the entities, currencies, and periods that should be included in the consolidation process, it is important to ensure that all relevant information is included. This will ensure that all relevant data is included in the consolidation process and that all applicable consolidation rules are applied correctly. 
  
  Related Information: 
  For more information on how to use the statutory scope occurrence feature of SAP BusinessObjects Financial Consolidation (EPM-FC), please refer to the official SAP documentation or contact your local SAP support team.