Currency and Groups Dimensions in Legal Consolidation, BPC 7.5
Dear BPC Experts:
I am using BPC 7.5 NW SP03, and building Legal Consolidation now. According to the SAP Library,http://help.sap.com/saphelp_bpc75_nw/helpdata/en/bpc_nw_index.htm, it says in 7.5, the currency and groups dimension are required and should hold currency members and consolidation members seperately. I have couple of questions about this design.
1. Are GROUPS and CURRENCY dimensions both included in Legal Consolidation Application at the same time?
2. How to move data in currency diemnsion into corresponding members in GROUPS dimension?
For example: THe GROUPS member, CG1(its currency is USD). How to let data in currency USD move to CG1.
3. In Legal Consolidation data package, should I modify the prompt dimension from CURRENCY_DIM into GROUP_Dim?? cause 7.5 has CURRENCY dim in its package setting at default. However, the consolidation package is based on GROUP perspectives.
Does anyone give me any idea in it? I really appreciate your help.
Best Regards,
Fred Cheng
Hi Collet,
Thanks for such a quick response. Based on your answer,
The group-type dimension is used for storing the group component of legal consolidation. The group-type dimension represents the relationship of entities for a given consolidation result. This group is consolidated in a single currency, so there is no need to have another dimension. As of Planning and Consolidation 7.5, you can continue to use the currency-type dimension for this purpose, or you can split it into a group-type dimension (type G) and use a pure currency-type dimension (type R) to allow reporting in multiple group currencies.
If at all I go by that will that be sufficient to have only Group Dimension and ignore RptCurrency field in BPC 7.5?
As of now I am having my Group Dimension looks like this.
Member ID EVDESCRIPTION GROUP_CURRENCY PARENT_GROUP ENTITY
G_CG1 XXXX USD E_CG1
G_CG2 XXX USD G_CG1 E_CG2
G_CG3 XXXX USD G_CG2 E_CG3
So now do I need to enter any RptCurrency Members under Group Member ID column to have RptCurrency ignored once for all. By the way our RptCurrency and Group Currency is USD only.
Please advise as right now we are not able to have Currency Conversion Functioning properly. I mean when I executed FXTRANSLGF, I am able to my DM status as Successful but saying 0 Submitted 0 Success 0 Fail
I am unable to crack this. I tired playing Groups and RptCurrency but same result. Successful but no records. We have maintained all Exchange Rates corrctly.
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Edited by: jigarv on Feb 1, 2012 4:53 AMJigar,
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Hi guys,
I have some lack of understanding why is Groups dimension needed. Could somebody explain me that?
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Why should be defined a relationship between Groups members and Entity members?
When do we need to use Groups dimension in the Consolidation application as Currency type dimension? In which cases can we replace Groups dim with InputCurrency dim?
I would be very much obliged.
Edited by: Oleksandr Master on Nov 18, 2009 10:34 AMHi Oleksandr,
Did you get the answer for your question? I have the same quest.
In a fiction scenario let's supose we have this Entity member belong with only one currency for all of then:
Entity
A is the holding
B is controlled by A
C is controlled by A
So, if I think correct, the structure on BPC will have companies to do the parent and receive the journals, like this:
ID Parent1
A CG1
B CG2
C CG2
CG1 -
CG2 CG1
Why we need to use the Groups to relating Entity in this case ?
Please let me know your resolution.
Best Regards
Alexandre Mendoza Collepicolo
Edited by: Alexandre Mendoza Collepicolo on Aug 24, 2010 6:38 PM -
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Also now if Company B sells 80 units of Product X, 50 of which are from the ones supplied by Company A while the remaining 30 are bought from somewhere else. So now company B is left with 50 units of Product X (that was bought from Company A) valued at $100 (when its actually $50). How do we evaluate inventory in this case (remember there might be hundreds of such transactions happening in the company, multiple products being bought from multiple inter-companies at different prices)? How do we eliminate the Inventory profit because of stock transfer? How do we track all these stock movements?
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Dear Experts,
I have problem about balance in GR/IR account while posting GR and MIRO between Document currency and Group currency , there are no zero balance . Pls see step by step below:
1. Company Code ABC have Company code currency = THB
Group Currency = USD
2. I created PO with document currency = SGD
Amount in SGD = 269.78
Exchange rate = 23.59740 (SGD/THB)
3. Goods Receipt
Posting date = 13.03.2010
Exchange rate = 23.59740 (SGD/THB)
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Document Curr.
Dr. Expense 269.78 SGD 6,366.11 THB
Cr. GR/IR 269.78- SGD 6,366.11- THB
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Dr. Expense 193.81 USD 6,366.11 THB
Cr. GR/IR 193.81- USD 6,366.11- THB
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Dr. GR/IR 192.02 USD 6,366.11 THB
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1. Why amount in group currency with GR/IR between GR and MIRO step didn't 0 balance ,no post currency diff?
2. This is an error from standard program or It's relate to configuration via t-code "OB22" or "OBRW" ?
Best Regards.
Edited by: nasalapoa on Jun 16, 2010 4:02 AM
Edited by: nasalapoa on Jun 16, 2010 5:38 AM
Edited by: nasalapoa on Jun 16, 2010 9:00 AMAs per my understanding it could be due to OB22 settings.
refer following SAP notes
335608,191927,
373296 -
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I am trying to update/change Tariff Number(CCNGN) in Classification tab and Legal Regulation(LGREG) and Grouping(CONGR) in Legal Control tab.
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Dear all,
Does ECC 6.0 support Legal Consolidation or do I have to use SEM and BW?Hi,
Legal consolidation is a term to represent the form of consolidation that is normally by company.
This term is used by SAP as a general terminology. In terms of the SAP product, SAP offer 4 version of product to perform the legal consolidation.
First product called FILC - Financial Legal Consolidation. This is refer to the first SAP consoldiation product which is curently outdated.
Second, it's ECCS. The development of this product has been stopped I believe. But in terms of completeness, I would say that this is the very mature product. You still can use this product if you're at maximum R/3 Enterprise version (4.7).
Third one, is the transition product between ECCS and the 4th product (SEM BCS). This transition product called R/3 based consolidation. You can use this product when you're in 4.7 and above.
Fourth product is SEM BCS. This product is purely built on top of BW instance. I would prefer that you use this consolidation product when you are using at least ECC5.
So, in your case, if you're using ECC6, then I would recommend you to use SEM BCS.
Hope it helps.
regards,
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