What is Balancing Report in SAP EPM-IM-FPL - EPM IM Flying Profit&Loss (Leopard)?

SAP Term: Balancing Report

• Component: EPM-IM-FPL

• Component Name: EPM IM Flying Profit&Loss (Leopard)

• Description: A report that identifies whether the total of the allocated values for revenue, income, margin, costs, and profit is equal to the total of the input values prior to allocation. The Balancing Report helps you verify that the model balances; that is, the amounts that go into the model calculation are equal to the results after the calculation.

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• Key Concepts: 
  The Balancing Report is a component of the SAP EPM-IM-FPL (EPM IM Flying Profit&Loss, also known as Leopard). It is a tool used to compare the actual financial results of a company with the budgeted or planned results. The report provides an overview of the differences between the actual and planned results, and can be used to identify areas where performance is not meeting expectations. 
  
  How to use it: 
  The Balancing Report can be accessed through the SAP EPM-IM-FPL (Leopard) application. Once in the application, users can select the Balancing Report option from the menu. From there, users can select the desired time period and enter any additional criteria they wish to use for their report. Once all criteria have been entered, users can generate the report and view the results. 
  
  Tips & Tricks: 
  When using the Balancing Report, it is important to ensure that all criteria are entered correctly. This will ensure that the report accurately reflects the desired results. Additionally, users should be aware that some reports may take longer to generate than others, depending on the amount of data being processed. 
  
  Related Information: 
  The Balancing Report is just one of many tools available in SAP EPM-IM-FPL (Leopard). Other tools include Profit & Loss Analysis, Cost Analysis, and Cash Flow Analysis. Additionally, users can access additional information about these tools by visiting SAP's website or consulting with an SAP expert.