What is key figure model in SAP FIN-SEM-BPS - Business Planning and Simulation?

SAP Term: key figure model

• Component: FIN-SEM-BPS

• Component Name: Business Planning and Simulation

• Description: A type of data modeling in which every business key figure corresponds to a technical key figure of the data basis. Therefore, an individual key figure within a key figure model contains values, which reflect a unique business situation for example sales, number of employees, maintenance costs. A single data record in the key figure model is made up of the fields for the classifying characteristic for example fiscal year, version, region and one field for every key figure contained in the model. In this way, such a data record is more extensive than a data record within an account model. However, less data records are required for the same data volume.

Smart SAP Assistant

• Key Concepts: 
  A key figure model is a component of the Business Planning and Simulation (BPS) module in SAP. It is used to define the structure of a planning application, including the key figures, characteristics, and formulas that are used to calculate the values of the key figures. The key figure model also defines the data sources that are used to populate the planning application. 
  
  How to use it: 
  To use a key figure model, you must first create a planning application in the BPS module. Once the application is created, you can define the structure of the application by creating a key figure model. This includes defining the key figures, characteristics, and formulas that will be used in the application. You can also define which data sources will be used to populate the application with data. 
  
  Tips & Tricks: 
  When creating a key figure model, it is important to consider how it will be used in the planning application. Think about which key figures and characteristics are necessary for the application and how they should be calculated. It is also important to consider which data sources should be used to populate the application with data. 
  
  Related Information: 
  For more information on creating a key figure model in SAP BPS, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_FIN_SEM_BPS/latest/en-US/f9f8d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8a9f3d7a2b3e14c8aa/.