What is 'item class' in SAP FS-BA-SD - Source Data?

item class - Overview

• Component: FS-BA-SD

• Component Name: Source Data

• Description: A means of grouping together items. An item class contains several items with the same characteristics and key figures. Examples of item classes for stock purchases: sales, commission.

item class - Details

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  Key Concepts: 
  Item class is a feature of the SAP FS-BA-SD source data component that allows users to group items into classes based on their characteristics. This helps to simplify the process of managing and tracking items, as well as providing a way to quickly identify items that belong to a particular class. 
  
  How to use it: 
  To use item class, users must first create a class for each item they wish to group. This can be done by selecting the “Create Item Class” option from the FS-BA-SD source data menu. Once the class is created, users can assign items to it by selecting the “Assign Item to Class” option from the same menu. 
  
  Tips & Tricks: 
  When creating an item class, it is important to give it a descriptive name that will help users quickly identify which items belong to it. Additionally, users should consider assigning items to multiple classes if they have multiple characteristics that could be used for grouping. 
  
  Related Information: 
  For more information on item class and other features of the SAP FS-BA-SD source data component, please refer to the official SAP documentation.