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

SAP Term: hierarchy

• Component: EPM-PCM

• Component Name: SAP BusinessObjects Profitability and Cost Management

• Description: A structure of dimension items, arranged as groups and sub items.

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• Key Concepts: 
  Hierarchy in SAP BusinessObjects Profitability and Cost Management (EPM-PCM) is a way of organizing data into a tree-like structure. It allows users to view data in a more organized and logical way. Hierarchies can be used to group data into categories, such as product lines, regions, or departments. Hierarchies can also be used to create relationships between different levels of data, such as parent-child relationships. 
  
  How to use it: 
  Hierarchies can be created in SAP BusinessObjects Profitability and Cost Management (EPM-PCM) by selecting the “Hierarchy” option from the main menu. From there, users can create a new hierarchy by selecting the “Create” option. Users can then add nodes to the hierarchy by selecting the “Add Node” option. Nodes can be added at any level of the hierarchy and can be linked together using parent-child relationships. 
  
  Tips & Tricks: 
  When creating hierarchies in SAP BusinessObjects Profitability and Cost Management (EPM-PCM), it is important to keep in mind that hierarchies should be organized in a logical way that makes sense for the user. For example, if creating a hierarchy for product lines, it may make sense to organize them by product type or brand. Additionally, it is important to keep hierarchies up-to-date as changes are made to the data. 
  
  Related Information: 
  For more information on hierarchies in SAP BusinessObjects Profitability and Cost Management (EPM-PCM), please refer to the official documentation available on the SAP website. Additionally, there are many online tutorials available that provide step-by-step instructions on how to create and manage hierarchies in EPM-PCM.