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How to Create One Time Customer FD01 in SAP
In SAP , we can create One Time Customer Master Record for those customers which do not have...
SAP BPC stands for Business Planning and Consolidation. It provides you with a single view of financial and operational data and unified solution which supports Performance Management processes. It delivers built-in functionalities for
There are two platforms in SAP BPC. About 80% of its functionality is same except the difference in the back-end. In each platform, there is two version.
Like any other SAP module, BPC module too holds master and transaction data. SAP BPC is divided into two components namely "Administration" and "Reporting".
In this training, you will learn-
For any organization to run a business successfully financial planning, budgeting, and forecasting are important attributes. SAP BPC provide everything in one package.
Let's see each attribute of SAP BPC in detail,
Strategic Planning helps management team to formulate its vision, mission, core values, and objectives. The team develops strategic plans to uphold its competitive advantage in the marketplace. It helps them to answer the following questions.
Budgeting is not just a prediction of future results. It is also a plan of actions and expected operations of the organization over the next year. Budgeting is done for proactive management and measurement of corporate performance.
Reporting ensures performance progress is monitored, problems are anticipated, and continuous improvement efforts are promoted.
Forecasting is the act of predicting outcomes. It is done throughout the year to reflect changes that have occurred both in the internal and external environment. It determines how the internal or external environment impact on the original plans and budgets? The main objective is to provide more accurate information for less risk management planning and decision making.
The EPM solution use is widening over the financial divisions. It is similar to CPM (Corporate Performance Management), BPM( Business Performance Management) and FPM (Finance Performance Management). EPM is being used as a unique repository to manage relevant information.
Business needs | Benefits & features |
Process controls | Business Process Flow (BPF) technology for context-driven workflow and process enablement |
Centralized data and application management | |
Status monitoring and workflow management | |
Role-based security and User Authentication | |
Dimensional audit trail for budgeting, forecasting, and actuals | |
Versioning control supporting any number of versions | |
Data lockdown by dimension or specified period | |
Compliance and Auditability | Audit trail history across the planning, reporting, and forecasting |
"A single version of the truth" on reported numbers | |
transparency based on data - and data change – visibility | |
Ensures accountability as confidence in the numbers drives ownership responsibility | |
Audit report information stored, recalled, and reported on as needed to maintain optimal process performance and accountability | |
Consolidation | Legal & Management Consolidation |
Currency conversion | |
Inter-company eliminations | |
Journal entries | |
Reports including P&L, Cash Flow, Balance Sheet, and Fixed Assets | |
Budgeting & Forecasting | Single application tightly linking budgeting with data and processes for forecasting, reporting, and scorecard |
Ensuring the integrity and accuracy of results | |
Rolling forecasts based on any time period | |
Unlimited versioning | |
Centralized, collaborative templates that simplify the enterprise-wide forecasting process | |
Factors for trends and seasonality that can impact plans and budgets | |
Incorporates real-time actuals with historical data for the most effective forecast seeding | |
Comprehensive process management including versioning, workflow, and status control | |
Automatic forecasting and budgeting process | |
Collaborative top-down & bottom-up process ensures organizational alignment and stakeholder agreement | |
"What-if?" analysis & scenario planning for any situation including realistic, optimistic and pessimistic projections |
SAP BPC Architecture. It uses various business rules and script logics for doing the planning. The key components in BPC architecture are shown in the image below.
BPC Administration allows administrators to perform maintenance and setup tasks for BPC client applications.
How to start BPC administration
BPC administration has two interfaces; a client application and a web interface. The administration action pane lists the available tasks for both interfaces
To start BPC administration
The console client is a Microsoft explorer-like window. Where we manage items such as application sets, applications, business rules, dimensions and business process flows. The browser client allows to control application set and application properties, as well as maintain BPC web parameters.
Creating a new dimension
Dimensions represent the entities of a business (e.g., accounts, company codes, and categories). They represent the master, text, and hierarchy data for each of the business entities.
It is possible to create new dimensions in a BPC application set. There is no restriction to create a number of dimensions in SAP BPC. These dimensions then become shared dimensions that are available for use in any application within the appset.
Some dimensions are required dimensions. It must exist in all the applications within an application set. While the dimension type determines the default properties to be included in the dimension. It is possible to add additional properties as needed.
Dimension types
Required in each application
Required in each application set
Needed to validate currencies that are input in Entity type dimension. This may not be part of any applications within the application set
Required for Intercompany Eliminations
It is also possible to create additional dimensions as a requirement
Un = User defined dimension type. For each user-defined dimension, the number 'n' will be incremented. For e.g; U1, U2, U3 and so on
Creating Dimensions
Select Dimension Library on the left side. The action pane will display the related dimension tasks.
To create a new dimension, click on "Add a new dimension".
Similarly, it is possible to copy, modify, process and delete dimensions. While adding dimensions, you need to enter reference type.
BPC for Office combines the power of BPC with the rich functionality of Microsoft Excel, Word, and Powerpoint. With BPC for Office, we have all of the Microsoft functionality we are used to. On top of it documents, worksheets, and slideshows can be linked directly to the BPC database that has Company's reporting data.
BPC for Office allows to collect data, build reports, perform real-time analysis and publish reports in a variety of formats. You can save your reports so that you can use them disconnected from the database. You can take reports completely offline and distribute them based on user access rights
A sample layout looks as follows
BPC security is managed in Administration Console. There are four key components in BPC security?
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