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

SAP Term: hierarchy

• Component: EPM-IM-FPL

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

• Description: The organization of the members of a dimension based on either parent- child or attribute relationships.

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• Key Concepts: 
  A hierarchy in SAP is a way of organizing data into levels. In the case of EPM-IM-FPL (EPM IM Flying Profit&Loss, also known as Leopard), the hierarchy is used to organize financial data into different levels of detail. This allows users to view the data in different ways, such as by region, product line, or customer. 
  
  How to use it: 
  In order to use the hierarchy in EPM-IM-FPL, users must first create a hierarchy structure. This structure can be created manually or imported from an external source. Once the structure is created, users can assign data to each level of the hierarchy. This allows users to view the data in different ways and analyze it more effectively. 
  
  Tips & Tricks: 
  When creating a hierarchy structure in EPM-IM-FPL, it is important to consider how the data will be used. For example, if the data will be used for analysis by region, then it is important to create a hierarchy that reflects this. Additionally, it is important to ensure that all levels of the hierarchy are properly populated with data. 
  
  Related Information: 
  For more information on hierarchies in SAP, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_EPM_IM_FPL/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html