What is plan characteristic in SAP (IS-R - SAP for Retail)?

SAP Term: plan characteristic

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Characteristic taken from the database table defined in the planning step and for which plan data is to be generated. A plan characteristic is the level at which planning takes place for example, purchasing organization, material group. A planning step can contain more than one plan characteristic. Plan characteristics are arranged in a multi-level form in the planning hierarchy.

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• Key Concepts: 
  Plan characteristics are used in the IS-R SAP for Retail component to define the characteristics of a plan. These characteristics include the plan type, the plan period, and the plan currency. Plan characteristics are used to define the parameters of a plan and to ensure that all plans are consistent with each other. 
  
  How to use it: 
  Plan characteristics can be used to create plans in the IS-R SAP for Retail component. To create a plan, users must first define the plan characteristics, such as the plan type, period, and currency. Once these characteristics have been defined, users can then create a plan based on these parameters. 
  
  Tips & Tricks: 
  When creating a plan in the IS-R SAP for Retail component, it is important to ensure that all of the plan characteristics are consistent with each other. This will help ensure that all plans are consistent and will help prevent any errors or inconsistencies from occurring. 
  
  Related Information: 
  For more information on plan characteristics in the IS-R SAP for Retail component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use and configure plan characteristics in the IS-R SAP for Retail component.