What is version of a planning hierarchy in SAP IS-R - SAP for Retail?

SAP Term: version of a planning hierarchy

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail An instance of a particular planning hierarchy. A version of a planning hierarchy can be used to do the following: Compare information used for maintaining planning hierarchies When maintaining hierarchies, a maximum of two comparative versions can be displayed thus allowing you to make an immediate comparison between up-to-date and historical proportional factors. Use different proportional factors in different plan versions Alternative plans are separated using plan versions. A version of a planning hierarchy which you created is assigned to a plan version, thereby allowing two separate plan versions to be assigned to two separate versions of a planning hierarchy. By doing this, different plans can be generated using a top-down procedure using different versions of a planning hierarchy and different proportional factors.

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• Key Concepts: 
  A version of a planning hierarchy in IS-R SAP for Retail is a set of data that is used to define the structure of a planning hierarchy. This includes the levels, nodes, and relationships between them. It also includes the attributes associated with each node, such as the type of data it contains and how it is used. 
  
  How to use it: 
  The version of a planning hierarchy in IS-R SAP for Retail can be used to create and maintain a hierarchical structure for planning purposes. This structure can be used to define the relationships between different levels of data, such as product categories, product lines, and individual products. It can also be used to define the attributes associated with each node, such as the type of data it contains and how it is used. 
  
  Tips & Tricks: 
  When creating a version of a planning hierarchy in IS-R SAP for Retail, it is important to ensure that all levels and nodes are correctly defined. This will ensure that the structure is consistent and easy to understand. Additionally, it is important to ensure that all attributes associated with each node are correctly defined, as this will ensure that the data is accurately represented in the hierarchy. 
  
  Related Information: 
  For more information on creating and maintaining a version of a planning hierarchy in IS-R SAP for Retail, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.