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Component: FIN-SEM-BCS
Component Name: Business Consolidation
Description: A classification of posting entries in the Consolidation system. Posting levels enable you to distinguish between the following types of entries: Adjustments to reported financial data Reported data: changes in consolidation groups Standardizing entries Standardized data: changes in consolidation groups Two-sided eliminations Two-sided elimination: changes in consolidation groups Consolidation group-dependent postings Differentiation by posting levels is used by the SAP system to check postings and enables you to select data by posting level.
Key Concepts: Posting level is a concept used in SAP Business Consolidation (FIN-SEM-BCS) to define the level of detail that is posted to the consolidation system. It is used to determine which data should be included in the consolidation process and which should be excluded. The posting level can be set at either the company code level or the group level. How to use it: The posting level can be set in the consolidation system by selecting either the company code or group level. The company code level will include all data from the company code, while the group level will only include data from the group. Depending on the requirements of the consolidation process, one of these levels may be more appropriate than the other. Tips & Tricks: When setting the posting level, it is important to consider how much detail is needed for the consolidation process. If too much detail is included, it may slow down the process and make it more difficult to analyze. On the other hand, if too little detail is included, important information may be missed. Related Information: For more information on setting up and using posting levels in SAP Business Consolidation, please refer to SAP Help documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.