Clarification regarding Reference application & Source application

Hi
What is the purpose of Reference application and Source application
While we create new application why we choose reference application & source application
please clarify me, why we give
source application as Planning,
source application type as Finance
rate application as Rate
sometimes Source application as Sales
Regards
Luci

Hi,
Source application is the application from where the templates will be copied into the new application. Every application has few inbuilt templates (for reports, input schedules, DM packages, etc). These objects are copied from the source application to the newly created application.
Application type determines what is the purpose of your application. Whether is should be a reporting or non-reporting type? Whether the purpose is to do planning or consolidation? You will get more information on this from the below link from help.sap:
http://help.sap.com/saphelp_bpc75_nw/helpdata/en/01/a7e059f56847eea751fb0fd28f07f3/content.htm
http://help.sap.com/saphelp_bpc75_nw/helpdata/en/97/a99d939fb14bdab9d1ac7f2b43525e/content.htm
Hope this helps.

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