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

SAP Term: consolidation

• Component: EPM-PCM

• Component Name: SAP BusinessObjects Profitability and Cost Management

• Description: The process of combining multiple values or items into a single aggregate value based on the hierarchy definition and consolidation operators; sometimes also used to refer to the result of this process.

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• Key Concepts: 
  Consolidation is a feature of SAP BusinessObjects Profitability and Cost Management (EPM-PCM) that allows users to combine multiple data sources into a single report. This feature enables users to compare and analyze data from different sources, such as different companies, departments, or regions. Consolidation also allows users to create a single view of the data, which can be used for reporting and analysis.
  
  How to use it: 
  To use consolidation in SAP BusinessObjects Profitability and Cost Management, users must first create a consolidation group. This group will contain the data sources that will be consolidated. Once the group is created, users can select the data sources they want to include in the consolidation. After selecting the data sources, users can then select the fields they want to include in the consolidated report. Finally, users can generate the consolidated report by running the consolidation process.
  
  Tips & Tricks: 
  When creating a consolidation group, it is important to ensure that all of the data sources have compatible field types and formats. This will ensure that the consolidated report is accurate and consistent. Additionally, it is important to ensure that all of the data sources are up-to-date before running the consolidation process. This will ensure that the consolidated report contains accurate and up-to-date information.
  
  Related Information: 
  For more information on how to use consolidation in SAP BusinessObjects Profitability and Cost Management, please refer to the official documentation provided by SAP. Additionally, there are many online tutorials available that provide step-by-step instructions on how to use this feature.