What is key figure family in SAP FS-BA-PM-AFP - Accounting for Financial Products?

SAP Term: key figure family

• Component: FS-BA-PM-AFP

• Component Name: Accounting for Financial Products

• Description: Specifies for which business area the evaluations for a particular valuation run type are to be performed in cash flow hedge analysis and Strategy Analyzer. For example, Strategy Analyzer provides key figure families for the calculation of net present value, and for gap analysis.

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• Key Concepts: 
  A key figure family is a set of related key figures in the SAP FS-BA-PM-AFP Accounting for Financial Products component. Key figures are used to measure and analyze financial data, such as sales, profits, and expenses. A key figure family is a group of related key figures that can be used together to provide a more comprehensive view of the financial data. 
  
  How to use it: 
  In order to use a key figure family, you must first create the family in the SAP system. This can be done by selecting the “Create Key Figure Family” option from the menu. Once the family is created, you can add key figures to it by selecting the “Add Key Figure” option from the menu. You can then assign values to each key figure in order to measure and analyze your financial data. 
  
  Tips & Tricks: 
  When creating a key figure family, it is important to consider which key figures are most relevant to your business needs. This will help ensure that you are able to get the most out of your analysis. Additionally, it is important to keep track of which key figures are included in each family so that you can easily access them when needed. 
  
  Related Information: 
  For more information on using key figure families in SAP FS-BA-PM-AFP Accounting for Financial Products, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this component.