What is 'reporting company' in SAP EPM-IC - SAP BusinessObjects Intercompany?

reporting company - Overview

• Component: EPM-IC

• Component Name: SAP BusinessObjects Intercompany

• Description: The company to which the current company is assigned. A company becomes a reporting company when it exports, and thus reports, the balances to the consolidation system. A reporting company can be made up of one or more companies.

reporting company - Details

• 
  Key Concepts: 
  A reporting company is a company that is responsible for providing financial information to other companies. This information is used to reconcile intercompany transactions and ensure that all companies involved in the transaction are accurately reporting their financials. The reporting company is typically the parent company of the group of companies involved in the transaction. 
  
  How to use it: 
  The reporting company is used in SAP BusinessObjects Intercompany Matching (EPM-IC) to reconcile intercompany transactions. The reporting company is responsible for providing financial information to other companies in the group, which can then be used to ensure that all companies involved in the transaction are accurately reporting their financials. 
  
  Tips & Tricks: 
  It is important to ensure that the reporting company is accurately identified and that all financial information provided by the reporting company is accurate and up-to-date. This will help ensure that all companies involved in the transaction are accurately reporting their financials. 
  
  Related Information: 
  SAP BusinessObjects Intercompany Matching (EPM-IC) provides a comprehensive solution for reconciling intercompany transactions. It allows companies to easily identify and reconcile discrepancies between different companies in a group, ensuring that all companies involved in the transaction are accurately reporting their financials.