What is conversion in SAP FS-PER - SAP Profitability and Performance Management?

SAP Term: conversion

• Component: FS-PER

• Component Name: SAP Profitability and Performance Management

• Description: Function to perform currency conversion

Smart SAP Assistant

• Key Concepts: 
  Conversion in SAP Profitability and Performance Management (FS-PER) is the process of transforming data from one format to another. This can include converting data from one currency to another, or from one unit of measure to another. It also includes the conversion of data from one system to another, such as from an ERP system to a reporting system. 
  
  How to use it: 
  In FS-PER, conversion is used to ensure that data is consistent across different systems and applications. For example, if a company has multiple ERP systems, it can use conversion to ensure that all of the data is in the same format and currency. This makes it easier for users to compare and analyze data across different systems. 
  
  Tips & Tricks: 
  When using conversion in FS-PER, it is important to ensure that the data is converted correctly. This means that all of the necessary fields should be included in the conversion process, and that any errors or discrepancies should be addressed before the conversion is completed. Additionally, it is important to test the converted data to ensure that it is accurate and up-to-date. 
  
  Related Information: 
  For more information on conversion in FS-PER, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are many online resources available that provide detailed information on how to use conversion in FS-PER.