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

SAP Term: parent

• Component: EPM-PCM

• Component Name: SAP BusinessObjects Profitability and Cost Management

• Description: The level in a hierarchy that has one or more members beneath it, known as child members.

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• Key Concepts: 
  In SAP BusinessObjects Profitability and Cost Management (EPM-PCM), a parent is a type of cost object that is used to group together related cost objects. It is used to create a hierarchical structure of cost objects, allowing for more detailed analysis and reporting. 
  
  How to use it: 
  A parent cost object can be created in the EPM-PCM system by selecting the “Create Parent” option from the menu. Once created, the parent cost object can be used to group together related cost objects. This allows for more detailed analysis and reporting of the cost objects within the parent. 
  
  Tips & Tricks: 
  When creating a parent cost object, it is important to ensure that all related cost objects are included in the parent. This will ensure that all relevant data is included in the analysis and reporting. 
  
  Related Information: 
  For more information on creating and using parent cost objects in EPM-PCM, please refer to the SAP BusinessObjects Profitability and Cost Management User Guide.