What is graphic representation of the group structure in SAP FI-LC - Consolidation?

SAP Term: graphic representation of the group structure

• Component: FI-LC

• Component Name: Consolidation

• Description: A representation of the ownership structure within a subgroup in graphic form, whereby boxes represent companies, company groupings, or subgroups, and lines represent the investment in each other.

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• Key Concepts: 
  FI-LC Consolidation is a component of SAP software that allows users to create a graphic representation of the group structure. This feature allows users to visualize the relationships between different entities within the group, such as subsidiaries, parent companies, and other related entities. The graphic representation of the group structure can be used to analyze and manage the financial performance of the group as a whole. 
  
  How to use it: 
  To use FI-LC Consolidation, users must first create a group structure in SAP. This can be done by entering the relevant information about each entity in the group, such as its name, address, and other details. Once this is done, users can then create a graphic representation of the group structure by selecting the “Graphic Representation” option in FI-LC Consolidation. This will generate a visual representation of the group structure that can be used to analyze and manage the financial performance of the group. 
  
  Tips & Tricks: 
  When creating a graphic representation of the group structure, it is important to ensure that all relevant information about each entity is entered accurately. This will ensure that the graphic representation is accurate and up-to-date. Additionally, it is important to keep in mind that the graphic representation of the group structure can be used for both short-term and long-term analysis and management of financial performance. 
  
  Related Information: 
  FI-LC Consolidation also includes other features such as consolidation reporting and consolidation planning. These features allow users to analyze and manage financial performance on an individual entity level as well as on a consolidated level. Additionally, FI-LC Consolidation also includes features such as currency conversion and intercompany reconciliation which can be used to ensure accuracy in financial reporting.