What is bundling group in SAP FI-LC - Consolidation?

SAP Term: bundling group

• Component: FI-LC

• Component Name: Consolidation

• Description: An object that enables the SAP System to perform the consolidation steps for a consolidation group as a bundle, when a bundling group is specified. You can allocate multiple consolidation steps to a single bundling group in Customizing.

Smart SAP Assistant

• Key Concepts: 
  A bundling group is a feature of the FI-LC Consolidation component of SAP software. It is used to group together multiple consolidation objects, such as legal entities, into a single unit. This allows for easier and more efficient consolidation of financial data. 
  
  How to use it: 
  To use the bundling group feature, first create a bundling group in the FI-LC Consolidation component. Then assign the desired consolidation objects to the bundling group. Finally, run the consolidation process to consolidate the data from all of the assigned objects into one consolidated report. 
  
  Tips & Tricks: 
  When creating a bundling group, it is important to consider which objects should be grouped together. For example, if you are consolidating financial data from multiple countries, it may be beneficial to create separate bundling groups for each country. This will make it easier to track and analyze the consolidated data. 
  
  Related Information: 
  For more information on using the bundling group feature in SAP software, please refer to the official SAP documentation or contact your SAP support team.