What is KPI formula in SAP GRC-SPM-SR - Sustainability Reporting?

SAP Term: KPI formula

• Component: GRC-SPM-SR

• Component Name: Sustainability Reporting

• Description: Describes the mathematical relationship between the child KPIs and the parent KPI. If the KPI is comprised of other KPIs, this is the formula that assembles the lower-level KPIs into the final value.

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• Key Concepts: 
  KPI formula is a feature of SAP Sustainability Reporting that allows users to create custom formulas to calculate Key Performance Indicators (KPIs). These KPIs are used to measure the performance of an organization in terms of sustainability. The KPI formula feature allows users to create formulas using a variety of mathematical functions and operators, such as addition, subtraction, multiplication, division, and more. 
  
  How to use it: 
  To use the KPI formula feature, users must first create a KPI in the SAP Sustainability Reporting system. Once the KPI is created, users can then create a formula for the KPI by selecting the mathematical functions and operators they wish to use. The formula can then be saved and used to calculate the KPI. 
  
  Tips & Tricks: 
  When creating a KPI formula, it is important to ensure that all of the variables used in the formula are correctly defined. This will ensure that the formula produces accurate results. Additionally, it is important to test the formula before using it in order to ensure that it produces the desired results. 
  
  Related Information: 
  For more information on creating and using KPI formulas in SAP Sustainability Reporting, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on creating and using KPI formulas in SAP Sustainability Reporting.