SAP BPC Introduction - Terminologies & Applications of SAP BPC

SAP BPC Introduction:

SAP BPC stands for SAP Business Planning and Consolidation (BPC). It is a tool that supports all operational and financial activities in an organization. SAP BPC coordinates in automating and streamlining business forecast, planning, and consolidation activities in an organization.

There are two types of migration that was supported by SAP BPC. They are as follows:

·         SAP Netweaver and

·         Microsoft Excel

BPC with Microsoft version enables to perform modeling, application maintenance, importing data and applying transformations, creating scripts, etc. It provides the user with an Enterprise Power Management (EPM) solution, a collaborative tool with the robust and readily accepted environment.

It also provides support for existing Microsoft functionality and various enhancement features like drag and drop report builder etc.

SAP BPC Key Benefits:

Following are the key benefits of SAP BPC −

•    It permits the user to take the right decisions for the business by supporting what-if analysis and it lets to perform scenario-based planning.
•    It also permits to collaborate data and thus increase accuracy in business planning and accountability.
•     It allows in aligning the plans with strategic desires and that results in lowering the cycle time.
•   There is an option available to choose the version of SAP Netweaver or Microsoft Platform.

SAP BPC - Terminologies

•     Environment − It is described as the starting point for growing any software or version. It changed into referred to as Application sets or AppSet in older versions of BPC.
•     Dimensions − Marking a dimension as a comfy is possible. By granting read and write access to the users who use the model, they can access the data.
•    Properties − This terminology is used to provide additional information to the dimension.

•    Dimension Members − Each dimension member file indicates master, textual content and hierarchy data associated with the keys of dimension.
•   Model − To meet the Business Planning and Consolidation requirement of an organization, you need to build a version in an environment that is defined as series of numerous dimensions.
•     Data Manager Package − Data Manager Package is required to execute common tasks in BPC.
•   Business Rules − To manipulate operations in distinctive international locations, exclusive set of business policies are required. BPC consists of a rule-based table to satisfy a few requirements for enterprise planning and consolidation. Various regulations may be set related to enterprise making plans and consolidation like - forex translation, balance convey forward, intercompany removal, and statistical validation, and so on.
•     Logic Scripts − This is described as a hard and fast of SQL or MDX programming shape to carry out a few customize capabilities for flexibility and manage statistics models. When a few particular necessities are not completed using business guidelines that can be met by the use of Logic Scripts.
•      User − A user is defined as an individual. A user uses the application in an Appset.
•      Team − Group of users based on user roles is defined as a team.
•      Task − Tasks are nothing but the activities that are performed in SAP BPC system.

Applications of SAP BPC

An Application in BPC machine is described as a multi-dimensional records version used in EPM. Few examples of Applications are - Operation, Legal or Finance group.

There are two types of applications in BPC system - Reporting and Non-Reporting.

• ·         Reporting applications are used for analysis cause and you can skip inputs from the users.
• ·     Non-Reporting programs are used to include reference facts like foreign money rates, bring forward balances, etc.

     Want to become a PRO in SAP BPC?

     Then here is the One-Stop Solution!!

     IQ Online Trainings offers best online training on SAP BPC!!

     For more details visit here