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BPC stands for BusinessObjects planning and consolidation. It is a powerful tool to support the budgeting, planning and forecasting process due to its key differentiators: familiar and easy to use - all data are stored in one central database and the application is user owned and managed process-centric - a BPF or custom menu guides you through the different business steps unified

Audit reports are pre-designed web reports that allow you to report on system information and activity. The activity audit records information on system changes, for example, who is creating, changing, deleting applications, dimensions, security, and so on. This report applies to the application set-level. Data audit reports record data audit information on who changed transactional data in the application.

A workspace is a grouping of specific content. It behaves like a folder, which contains Planning and Consolidation items such as reports, input forms, Crystal Dashboards, and so on. In a workspace, you can include content from the Library or create new reports or input forms. Content that you include is available both in the workspace and in the Library. Reports or input forms that you create are part of the workspace and are not available outside the workspace.

IFRS is short for International Financial Reporting Standards. It is a general accepted accounting valuation method that allows international benchmarking between companies that belong to the same industry sector.

Each application contains the master data that controls the data in the application set. Applications can share one or more dimensions with other applications within the set. We distinguish reporting and non-reporting applications. Reporting applications can be Financial, Consolidation or Generic. Non-reporting applications can be Rate, Ownership or Generic.In V10 we refer to Model

An application set consists of one or more applications. An application set stores all the data from each application: -dimensions -application business rules and logic -security model -business process flow In V10 we refer to Environment

Drill through definitions allow users to access source data from a report. Source data includes content that can be accessed from a URL, and for the Microsoft version of the system only, a database table.

An allocation is used to allocate a certain amount to specific cross sections of data. An allocation is essentially always made up of the following components:-WHAT needs to be allocated-WHERE the results of the allocation must be written-What driver should be USED to perform the allocation-How the allocation driver should be used, i.e. what FACTOR must be applied to the source amounts during the calculation