Hierarchy properties are properties of all hierarchies for a hierarchy basic characteristic, delivered by SAP and freely-definable according to the needs of the customer.
Hierarchy properties are fixed in InfoObject maintenance for a characteristic and are valid for all hierarchies that have been created for this characteristic.
Note that hierarchy attributes are fixed in hierarchy maintenance and only apply to the hierarchy that is currently opened. You can find more information under Hierarchy Attributes.
The following hierarchy properties are available: