What is interactive reporting in SAP FI-LC - Consolidation?

SAP Term: interactive reporting

• Component: FI-LC

• Component Name: Consolidation

• Description: A totally screen-orientated evaluation technique. From a highly aggregated form, you can select detailed information for the required items using the menu and function keys, such as: Sub-items of totals items Company shares Comparison values for user-defined comparison periods Standardizing and consolidation entries In addition, you can access information in the SAP AM and FI applications, if these are installed in the same client as the system.

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• Key Concepts: 
  Interactive reporting is a feature of the FI-LC Consolidation component of SAP software. It allows users to create and modify reports in real-time, without having to wait for the system to generate the report. This feature enables users to quickly and easily analyze data and make decisions based on the results.
  
  How to use it: 
  To use interactive reporting, users must first select the report they wish to create or modify. Once the report is selected, users can then customize it by adding or removing columns, changing the sorting order, or adding filters. Once the report is customized, users can then view the results in real-time.
  
  Tips & Tricks: 
  When creating or modifying a report, it is important to remember that the changes made will be reflected in real-time. Therefore, it is important to double-check all changes before saving them. Additionally, it is important to remember that some reports may take longer to generate than others due to their complexity. 
  
  Related Information: 
  For more information on interactive reporting and other features of the FI-LC Consolidation component of SAP software, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.