SAP BPC 7.0 - Microsoft Platform - SP Upgrade Question

Hi Experts,
I was tasked to upgrade the SP of our client's SAP BPC 7.0 -Microsoft Platform System from Release 7.0.116 (SP07) to SP09. Details are below
Prod System:
Multi Server : 2 Servers
Application Server:
Windows Server 2003, Enterprise Ed SP2 32-Bit
IIS Web Server
SAP BPC 7.0 Release 7.0.116
Database Server:
Microsoft Windows Server 2003 x64 64-Bit
MS SQL 2008 64-Bit
My question, since Server Manager Version 7.0.116 is equal to SP07, do i need to download SP08 and SP09, and then apply SP08, and the underlying patch on top of SP08, then SP09, or can i just simply download only SP09 and then install it only in our App Server, since it was mention in the Upgrade Guide that SP of SAP BPC are cumulative. And if there are any configuration settings that i need to take unto consideration? I'm new to this one since I'm accustomed of SP Upgrade in SAP ECC Systems in TxCode SPAM.
Thanks in advance!

Hi,
After performing the steps Nilanjan suggested you may want to look at the Post-Installation Steps recommended by SAP. They are as below:
Post-Installation Steps
1. If you already have an application set in your previous version, do the following:
a) After installing this support package, update existing reports by choosing Publish Report on the Web Administration page.
b) If you have already enabled Insight, update existing reports by choosing Build Report on the Insight Dashboard page.
c) To apply fixes available for business rules, choose Modify Application within the Administration Console. Do not select options related to desired application.
2. This support package contains an appset parameter called RETRIEVE_ON_OFFLINE. To restrict data retrieval while an application set is unavailable, access the Appset Parameter page within Web Administration, then add a key named RETRIEVE_ON_OFFLINE with one of the following values:
1, which allows retrieval or data export while the application set is unavailable.
0, which prevents retrieval or data export while the application set is unavailable.
Log off and then logon to BPC for Office if the system offline message displays after setting the application set to Available. This downloads the dimension cache file if a dimension member or structure has changed while the system was offline.
3. We recommend changing the syntax of dimension formulas related to CSS message [IM 1249006] Data Integrity Issue with Account dimension / 4 Hierarchies as follows:
a) Use [%dimension%].[%current hierarchy%].CurrentMember. Level.Ordinal>0 instead of [%dimension%].[%the other hierarchy%].[All %dimension%.%the other hierarchy%] in dimension formulas to check the status of the current view of the current hierarchy because the current member may have been changed as a member of another hierarchy within multiple hierarchy dimensions.
b) Use 0 (zero) instead of NULL in IIF statements when the member from the current view does not match the condition of the IIF statement, as NULL may return an incorrect value. For example, if the hierarchy is the third hierarchy, #iif([Account].[H3].CurrentMember.Level.Ordinal>0,%Arg%, 0).
4. To run the Management Console in multiple server environments, change Authentication and Access Control of the ManagementConsole virtual directory in IIS from Integrated Windows Authentication to Basic Authentication. You can find the virtual directory on the Application server in the Directory Security tab of the virtual directory's property in IIS.
Hope this helps.
Santosh

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