Now, we will try to understand the concepts of a Planning application, namely, the Planning Unit, which is helpful in Workflow of Budgeting process.
Planning Unit: We'll define and understand a 'Planning Unit' in a Hyperion Planning Application in this section.
Process Management Template: We'll introduce three types of templates in this section and understand the basics of the same. We'll explore more of the 'Process Management template' in the following chapter.
What is a 'Planning Unit'?
The definition goes as the combination of a Scenario, Version, Entity, and an optional secondary dimension. Yes, the readers must be asking themselves "What is a secondary dimension?". We will come to that in a while.
This combination is the very basic unit, which plays an important role in tracing a Budget unit, that is, Planning Unit.
Let us elaborate a combination of a Scenario, Version, and Entity with the help of a simple English statement:
"First Draft" of the "New...