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

SAP Term: transactional consumption equation

• Component: EPM-IM-FPL

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

• Description: An equation that defines consumption of resources at a transactional level.

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• Key Concepts: 
  The transactional consumption equation is a component of the SAP EPM-IM-FPL (EPM IM Flying Profit&Loss, or Leopard) module. It is used to calculate the cost of goods sold (COGS) for a given period of time. The equation takes into account the cost of goods purchased, the cost of goods manufactured, and any other costs associated with the production and sale of goods. 
  
  How to use it: 
  The transactional consumption equation is used to calculate the COGS for a given period of time. To use it, you must first enter the cost of goods purchased, the cost of goods manufactured, and any other costs associated with the production and sale of goods. Once these values are entered, the equation will calculate the COGS for that period. 
  
  Tips & Tricks: 
  When using the transactional consumption equation, it is important to ensure that all costs associated with production and sale are accurately accounted for. This includes not only direct costs such as materials and labor, but also indirect costs such as overhead and taxes. Additionally, it is important to ensure that all costs are entered in the same currency in order to get an accurate result. 
  
  Related Information: 
  The transactional consumption equation is part of the SAP EPM-IM-FPL (EPM IM Flying Profit&Loss, or Leopard) module. This module provides a comprehensive set of tools for managing financial planning and analysis processes. It includes features such as budgeting, forecasting, reporting, and analytics. Additionally, it provides tools for managing cash flow and liquidity planning.