What is parent account group in SAP EPM-IC - SAP BusinessObjects Intercompany?

SAP Term: parent account group

• Component: EPM-IC

• Component Name: SAP BusinessObjects Intercompany

• Description: A group of accounts which have similar accounting characteristics. The account group defines the sign that will be used for the accounts

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• Key Concepts: 
  A parent account group is a type of account group in SAP BusinessObjects Intercompany (EPM-IC). It is used to define the relationship between two or more companies in a group. The parent account group is the highest level of the hierarchy and contains all the other account groups in the group. 
  
  How to use it: 
  The parent account group is used to define the relationship between two or more companies in a group. It is used to set up the intercompany relationships between companies, such as parent-child relationships, and to define the consolidation rules for each company. 
  
  Tips & Tricks: 
  When setting up a parent account group, it is important to ensure that all of the companies in the group are correctly linked and that all of the consolidation rules are correctly set up. This will ensure that all of the data is accurately consolidated and reported. 
  
  Related Information: 
  For more information on setting up a parent account group, please refer to SAP's documentation on EPM-IC. Additionally, there are many online resources available that provide step-by-step instructions on how to set up a parent account group.