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

SAP Term: status

• Component: EPM-IC

• Component Name: SAP BusinessObjects Intercompany

• Description: An indicator that specifies how the reconciliation process is progressing for example Agreed To Differ, Reconciled in the balances. For an object, the indicator specifies whether the object can be used in balances or not as in the case of active or inactive currency.

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• Key Concepts: 
  Status is a field in the EPM-IC SAP BusinessObjects Intercompany Matching component that indicates the current state of a document or transaction. It can be used to track the progress of a document or transaction, and can be set to one of several values, such as “Open”, “Closed”, “Pending”, or “Cancelled”.
  
  How to use it: 
  The status field can be used to track the progress of a document or transaction. To set the status of a document or transaction, open the document or transaction in the EPM-IC SAP BusinessObjects Intercompany Matching component and select the desired status from the drop-down menu.
  
  Tips & Tricks: 
  It is important to keep track of the status of documents and transactions in order to ensure that they are processed correctly and in a timely manner. Setting the status of documents and transactions to “Pending” can be a useful way to indicate that further action is required before they can be completed.
  
  Related Information: 
  For more information on using the status field in EPM-IC SAP BusinessObjects Intercompany Matching, please refer to the official documentation available on SAP's website.