What is package in SAP FIN-CS - S4HANA Financial Consolidation?

SAP Term: package

• Component: FIN-CS

• Component Name: S4HANA Financial Consolidation

• Description: A root-level element displayed as a folder in a hierarchy that describes a reporting purpose. A package is used to organize related material and context information using folders and forms.

Smart SAP Assistant

• Key Concepts: 
  A package in SAP is a collection of related objects that are grouped together and can be transported from one system to another. In the case of the FIN-CS S4HANA Financial Consolidation component, a package is a collection of objects related to financial consolidation, such as consolidation rules, accounts, and reports. 
  
  How to use it: 
  Packages are used to transport objects from one system to another. To use a package in the FIN-CS S4HANA Financial Consolidation component, you must first create the package in the source system. Then, you can transport the package to the target system. Once the package is in the target system, you can activate it and use it for financial consolidation. 
  
  Tips & Tricks: 
  When creating a package for the FIN-CS S4HANA Financial Consolidation component, make sure to include all of the necessary objects. This will ensure that all of the objects are transported correctly and that you can use them for financial consolidation in the target system. 
  
  Related Information: 
  For more information on packages in SAP, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/SAP_FIN_CS_S4HANA_FINANCIAL_CONSOLIDATION/).