Data Unit in #HFM, Approval Unit in #FCCS (and in #PBCS). The name changes, but the concept remains the same: a building block consisting of a scenario/year/period/company to be managed in data validation process and segregated by user, using securities.
Highly recommended! Many users don’t complete all the validation steps; simply managing opening and locking of periods is enough.
Strengths: Data security: no one can load data or run processes on an unopened or locked period.