What is consolidation unit hierarchy in SAP FIN-SEM-BCS - Business Consolidation?

SAP Term: consolidation unit hierarchy

• Component: FIN-SEM-BCS

• Component Name: Business Consolidation

• Description: Portrayal of a structure of consolidation units and consolidation groups. A consolidation unit hierarchy can have only one root node. The end nodes of a consolidation unit hierarchy are always consolidation units. The other nodes are consolidation groups. A consolidation unit can be linked to multiple nodes within a single consolidation unit hierarchy.

Smart SAP Assistant

• Key Concepts: 
  A consolidation unit hierarchy is a structure used in SAP Business Consolidation (FIN-SEM-BCS) to organize and manage the consolidation process. It is composed of a set of consolidation units, which are the entities that are consolidated. The hierarchy defines the relationships between the consolidation units, such as parent-child relationships, and allows for the consolidation of multiple entities into a single consolidated entity. 
  
  How to use it: 
  The consolidation unit hierarchy is used to define the structure of the consolidation process. It is used to define the relationships between the consolidation units, such as parent-child relationships, and to define how the data from each unit should be consolidated into a single consolidated entity. The hierarchy can also be used to define which entities should be excluded from the consolidation process. 
  
  Tips & Tricks: 
  When creating a consolidation unit hierarchy, it is important to ensure that all of the necessary relationships between the consolidation units are defined correctly. This will ensure that all of the data from each unit is correctly consolidated into a single consolidated entity. Additionally, it is important to ensure that all of the necessary entities are included in the hierarchy and that any entities that should be excluded from the consolidation process are excluded. 
  
  Related Information: 
  For more information on SAP Business Consolidation (FIN-SEM-BCS) and how to use a consolidation unit hierarchy, please refer to SAP's official documentation on Business Consolidation. Additionally, there are many online resources available that provide tutorials and tips on how to use SAP Business Consolidation and create effective consolidation unit hierarchies.