Setting Up a New Version (SAP Library - Consolidation (FI-LC))

Setting Up a New Version

You can employ multiple versions to prepare data using various approaches and valuations. In general, this has the following objectives:

You may want to consolidate plan data simultaneously to consolidating actual data.

You define a new consolidation version for entering plan data. You can then compare the different consolidation versions in certain reports, which can show the differences in terms of currency and/or percentages. Other systems usually require multiple listings based on different databases.

You may want to run what-if scenarios on how other valuation premises may influence the data within a consolidation version.

For this purpose, you need to define a new consolidation version and assign it to one more separate versions

You may want to manage multiple group currencies in a subgroup. Each group currency requires its own consolidation version.

For more information on defining and maintaining versions, see Versions.

Various scenarios for creating a new consolidation version or, if necessary, a new special version are presented in the topics that follow. They presume that consolidation version 001 is already defined and refers to the special versions 001