What is consolidation view in SAP FIN-RTC - Real-Time Consolidation?

SAP Term: consolidation view

• Component: FIN-RTC

• Component Name: Real-Time Consolidation

• Description: Consolidation views are generated automatically when defining a model. They can be SAP HANA calculation views used by SAP BusinessObjects Planning and Consolidation or CDS views used if currency translation is set to be performed in SAP S/4HANA.

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• Key Concepts: 
  SAP FIN-RTC Real-Time Consolidation (RTC) is a tool that allows companies to consolidate their financial data in real-time. The consolidation view is a feature of RTC that allows users to view the consolidated financial data in a single view. This view provides an overview of the consolidated financial data, including the total assets, liabilities, and equity of the company.
  
  How to use it: 
  To use the consolidation view, users must first set up their RTC system. This includes setting up the data sources, mapping the accounts, and configuring the consolidation rules. Once this is done, users can access the consolidation view by selecting it from the RTC menu. The view will display all of the consolidated financial data in one place.
  
  Tips & Tricks: 
  When using the consolidation view, it is important to remember that it only displays consolidated financial data. If you need to view individual account information, you will need to access the individual accounts from within RTC. Additionally, it is important to keep in mind that the consolidation view only displays data from the current period; if you need to view historical data, you will need to access it from within RTC as well.
  
  Related Information: 
  For more information on SAP FIN-RTC Real-Time Consolidation and its features, please refer to SAP's official documentation or contact your SAP representative.