What is book in SAP EPM-PCM - SAP BusinessObjects Profitability and Cost Management?

SAP Term: book

• Component: EPM-PCM

• Component Name: SAP BusinessObjects Profitability and Cost Management

• Description: A user-defined layout of components for the purpose of reporting or data entry.

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• Key Concepts: 
  Book in SAP BusinessObjects Profitability and Cost Management (EPM-PCM) is a collection of related accounts that are used to store and report financial data. Books are used to group accounts into logical categories, such as income statement, balance sheet, and cash flow. Books can also be used to track different versions of financial data, such as actuals, budget, and forecast. 
  
  How to Use It: 
  Books can be created in the SAP BusinessObjects Profitability and Cost Management application. To create a book, select the “Create Book” option from the main menu. Enter the book name and description, then select the accounts that should be included in the book. Once the book is created, it can be used to store and report financial data. 
  
  Tips & Tricks: 
  When creating a book in SAP BusinessObjects Profitability and Cost Management, it is important to consider how the book will be used. For example, if the book will be used for reporting purposes, it is important to include all relevant accounts in the book. Additionally, it is important to consider how often the book will need to be updated; if the book will need to be updated frequently, it may be beneficial to create multiple versions of the book (e.g., actuals, budget, forecast). 
  
  Related Information: 
  For more information on books in SAP BusinessObjects Profitability and Cost Management, please refer to the official documentation: https://help.sap.com/viewer/product/SAP_BUSINESSOBJECTS_PROFITABILITY_AND_COST_MANAGEMENT/7.5/en-US