What is Periods in SAP (EPM-PCM - SAP BusinessObjects Profitability and Cost Management)?

SAP Term: Periods

• Component: EPM-PCM

• Component Name: SAP BusinessObjects Profitability and Cost Management

• Description: A dimension for time related items.

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• Key Concepts: 
  Periods are a fundamental concept in SAP BusinessObjects Profitability and Cost Management (EPM-PCM). They are used to define the time frame for which data is collected and analyzed. Periods can be defined as either calendar periods (e.g. months, quarters, or years) or fiscal periods (e.g. fiscal quarters or fiscal years). 
  
  How to use it: 
  Periods are used to define the time frame for which data is collected and analyzed. To create a period, go to the “Periods” tab in the EPM-PCM application and click “Create Period”. Enter the start and end dates of the period, as well as any other relevant information such as the period type (calendar or fiscal). Once created, the period can be used to collect and analyze data within that time frame. 
  
  Tips & Tricks: 
  When creating a period, it is important to ensure that the start and end dates are accurate. This will ensure that all data collected within that period is accurate and up-to-date. Additionally, it is important to consider whether a calendar or fiscal period should be used, as this will affect how data is collected and analyzed. 
  
  Related Information: 
  For more information on periods in SAP BusinessObjects Profitability and Cost Management (EPM-PCM), please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESSOBJECTS_PROFITABILITY_AND_COST_MANAGEMENT/7.5/en-US