What is division in SAP EPM-IC - SAP BusinessObjects Intercompany?

SAP Term: division

• Component: EPM-IC

• Component Name: SAP BusinessObjects Intercompany

• Description: A group of similar companies, e.g. which all have the same sector of activity.

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• Key Concepts: 
  Division is a component of the SAP BusinessObjects Intercompany (EPM-IC) module. It is used to define the organizational structure of a company, including its divisions, departments, and other organizational units. It also allows users to assign different roles and responsibilities to each division. 
  
  How to use it: 
  Division can be used to create a hierarchical structure of a company. This structure can be used to assign roles and responsibilities to each division. It can also be used to track financial information and performance metrics for each division. Additionally, it can be used to create reports that compare the performance of different divisions. 
  
  Tips & Tricks: 
  When creating a division structure, it is important to consider the size and complexity of the organization. This will help ensure that the structure is easy to understand and use. Additionally, it is important to ensure that all divisions are properly linked so that data can be easily shared between them. 
  
  Related Information: 
  The SAP BusinessObjects Intercompany (EPM-IC) module also includes other components such as Cost Centers, Profit Centers, and Business Areas. These components can be used in conjunction with Division to create a comprehensive organizational structure for a company. Additionally, the EPM-IC module includes tools for creating reports and analyzing data from different divisions.