What is status in SAP FIN-SEM-CPM - Corporate Performance Monitor?

SAP Term: status

• Component: FIN-SEM-CPM

• Component Name: Corporate Performance Monitor

• Description: Property of the qualitative state of an element, generally corresponding to specific symbols. Typical status properties are, for example, "Very good", "Good", or "Critical".

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• Key Concepts: 
  Status is a term used in the SAP FIN-SEM-CPM Corporate Performance Monitor (CPM) to refer to the current state of a process or task. It is used to indicate whether a process or task is in progress, completed, or has failed. The status of a process or task can be changed manually or automatically depending on the configuration of the CPM. 
  
  How to use it: 
  The status of a process or task can be changed manually by selecting the appropriate option from the drop-down menu in the CPM. Alternatively, it can be changed automatically by configuring the CPM to update the status based on certain criteria such as completion of a task or successful execution of a process. 
  
  Tips & Tricks: 
  It is important to keep track of the status of processes and tasks in order to ensure that they are running smoothly and efficiently. This can be done by regularly checking the status in the CPM and making any necessary changes. 
  
  Related Information: 
  For more information on how to use and configure the SAP FIN-SEM-CPM Corporate Performance Monitor, please refer to the official SAP documentation.