This is the first book of the series to provide a fresh look on how to implement and deploy successfully SAP BusinessObjects Planning and Consolidation (SAP BPC). It has been been designed to transform the reader from a novice into a key decision maker in the design and implementation of SAP BPC in any industry and/or project by managing business and technical elements of the system. Designed to be a quick reference that combines practical examples, implementation guidelines, and recommendations from real life projects and best practices. Useful for both platforms NetWeaver and Microsoft, this book truly focuses its attention to provide the reader a complete look of the key elements required to make a SAP BPC implementation successful, and to minimize custom development and avoid common mistakes. This publication also discusses how SAP BPC creates a Balance Sheet, Income Statement, Cash Flow, and the process required to accomplish it; the SAP BPC Currency Conversion Process, explores the two types of currency conversion accepted by IFRS and US GAAP, and reviews the SAP BPC Consolidation and Ownership Applications. It also provides the reader with useful information on how to leverage the pre-delivered functionality in order to build a Budgeting, Planning, Forecasting and Consolidation Applications using either SAP and non-SAP data. Additional content of this book includes generic guidelines to be used as part of your design and your requirements gathering process for CAPEX, Cost Center Planning, OPEX, Production Planning, Headcount and Workforce Planning, and much more.