In this post I am trying to clarify my thoughts regarding the Scenario dimension.
The scenario dimension in HFM holds the different data sets reported by the group. Despite the fact that scenario dimension has usually up to ten members, it is one of the most important dimensions of the application. The reason is that the scenario dimension defines the input frequency (month-to-date, quarter-to-date or year-to-date), the calculation sequence between Periodic and YTD for the flow accounts, the process management, the data audit and the execution of the consolidation rules.
From a functional perspective, the most common scenarios that I have seen up to today are:
- Translation scenarios of the previous data sets
1. Member or Label or Name:
The name or the label of the scenario. After version 184.108.40.206, the name must be unique and can contain up to 80 characters,