Basic Sets
Definition
A basic set contains values from one dimension. If you define a basic set for the dimension Account, all values in the set must be accounts.
Values in a basic set can be single values and/or a range of values. If you add a new value to your system, and the value is included in a range of values already defined in a set, the new value is already included in the set.
Example
You create a set that contains a single account number of 1000010 and a range of account numbers, 1000020 to 1000050. If you add a new account number to your account master files, such as 1000030, the new number is already included in the set.
When you add new master record values, the master record does not update sets. You must manually maintain set values, unless a new master record value is already included in a range of set values.
The following graphic shows the basic sets ASSETS, LIABILITIES, OHD-ACCT (dimension Account), CENTERS (dimension Cost Center), BUS-AREA (dimension Business Area) and YEAR (dimension Year).
Each of the basic sets contains different values. Each of the basic sets also uses different dimensions except for the ASSETS, LIABILITIES, and OHD-ACCT sets, which use the dimension Account. If you want to keep your asset and liability accounts separate (as shown in the above graphic), you would need to create two sets that use the same dimension.
If you use the set ASSETS in a report, you could, for example, create a simple report that lists the assets for a company.