What is rollup in SAP FI-LC - Consolidation?

SAP Term: rollup

• Component: FI-LC

• Component Name: Consolidation

• Description: The definition of how data is summarized into a rollup ledger. For certain high-level reports and evaluations, the data in a ledger might be too detailed. Rollups are used to summarize this information from one or more source ledgers into a rollup ledger. There are the following types of rollups: Standard rollup - Data is summarized into one or more rollup ledgers using one or more rollup sequences. Hierarchical rollup - Data is summarized into a rollup ledger according to a specific hierarchical structure for example, a cost center hierarchy. Export rollup - Data from local systems to central systems.

Smart SAP Assistant

• Key Concepts: 
  Rollup is a feature of the FI-LC Consolidation component of SAP that allows users to consolidate financial data from multiple sources into a single report. This feature enables users to quickly and accurately analyze financial data from multiple sources, such as subsidiaries, divisions, or departments. The rollup feature also allows users to compare financial data across different periods of time. 
  
  How to use it: 
  To use the rollup feature, users must first set up the consolidation structure in the FI-LC Consolidation component. This includes defining the consolidation hierarchy, setting up the consolidation rules, and mapping the source data to the consolidation structure. Once this is done, users can run the rollup process to consolidate the financial data into a single report. 
  
  Tips & Tricks: 
  When setting up the consolidation structure, it is important to ensure that all source data is mapped correctly. This will ensure that the rollup process runs smoothly and accurately. Additionally, it is important to review the consolidated report after running the rollup process to ensure that all data has been correctly consolidated. 
  
  Related Information: 
  For more information on using the rollup feature in SAP FI-LC Consolidation, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide step-by-step instructions on how to use this feature.