This book will provide in-depth analysis of concepts and step by step configurations for planning and consolidation for SAP BPC 10.1 classic version. We start with detail explanation of BPC components used for both planning and consolidation then we move on to consolidation specific pieces. We will examine the purpose of each component, where it fits into the whole process, and what options are available to configure the system. Rather than just reading about how to create an object, we'll actually perform a demo exercise with step-by-step instructions for configuration. I had also included backup copies which can be installed on your system directly if needed, rather developing them. For planning demo, I had used cost center planning which includes features like creating dimensions and models; master and transactional data loads; input schedules; reports; logic scripts and so on. For consolidation demo, I had considered commonly used legal consolidation process flow which includes net Income to retained earnings movements, currency translations, IC Matching and Booking, US Eliminations, COI, Minority Interest and Goodwill. Along with the configuration steps, each chapter provides analysis of the results of the exercise and their significance within a financial statement.