#What is sap bpc wiki how to
#What is sap bpc wiki software

Hired 1 China-based employee through partner Red Stone, Inc for CNY 280,000įully acquired public company PAS Canada, Inc for USD$500,000įully acquired public company PAS Brazil, Inc for USD$500,000 Hired 3 India-based employees through partner Yellow Stone, Inc for INR 4,900,000

#What is sap bpc wiki software

Purchased USD$5,000 worth of software licenses

Purchased a rack of servers for USD$15,000 Purchased some office equipment (desks, chairs, coffee machine, boardroom table) for USD$3,500 Purchased 3 desktop computers for USD$1000/each, Purchased a 5-year lease on an office building for USD$8,000/month Investors purchased USD$10,000,000 of PAS stock. (PAS) based on an accounting software program he wrote.įollowing are accounting-relevant events that occurred during the first quarter of January 2011. In January of 2011, John started a publicly traded US-based company named Perfect Accounting Solutions, Inc. When a company owns that A Fictitious Company's Accounting Story for Q1 of January 2011 Consolidation applications are required when a company owns 30% (or more) shares in one or more other companies. Many of us probably have our own monthly budgets, and idea of how much of our pay cheque remains from pay period to pay period, even if the numbers themselves are not formally put on paper, or in a spreadsheet.Ī consolidation application, however, is quite different from a forecasting application. Why a Consolidation applicationįor us non-accountant types, I am assuming that the concept of a planning application, and the need for budgeting and forecasting, as well as measuring our actual spending against our estimated/budgeted amounts is not difficult to relate to.

#What is sap bpc wiki how to

The steps in this walk through assume the reader has basic functional experience with BPC 7.x and is familiar with how to create and modify dimensions and applications within an application set using the BPC Administrator's console, and is familiar with how to run BPC Data Manager packages and create simple EVDRE reports within BPC for Excel client. The applications will then be populated with both master data (dimension members, hierarchies and property values), and transactional data (revenues, expenses, currency exchange rates, ownership relationships between a fictitional software company and its partners and subsidiaries. The following pages in this wiki will walk the reader through creating the necessary applications, dimensions, dimension properties, and dimension members for a BPC consolidation application set. Overview:īelow is a walkthrough creating a BPC consolidation application from 'scratch', populating it with both master data (dimensions, dimension members, business rules, script logic) and transactional data (monthly summary data from a transactional system such as an SAP ERP or ECC system). Explain how to design and implement a simple SAP BusinessObjects Planning and Consolidation (BPC) consolidation-type application for technical people with little-to-no accounting experience.