What is dynamic funding plan in SAP CRM-FM-DF - Dynamic Funding?

SAP Term: dynamic funding plan

• Component: CRM-FM-DF

• Component Name: Dynamic Funding

• Description: An object that contains, for a certain sales area and time period, the dynamic funding rates for a set of account and product hierarchy combinations.

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• Key Concepts: 
  Dynamic Funding Plan (DFP) is a component of SAP CRM-FM-DF that enables companies to manage their funding plans in a more efficient and automated way. It allows companies to define and manage their funding plans, including budgeting, forecasting, and reporting. It also provides a comprehensive view of the company’s financial position and helps to identify potential risks and opportunities. 
  
  How to use it: 
  Dynamic Funding Plan can be used to create and manage funding plans for any type of organization. It allows users to define the budget, forecast the expected costs, and track the actual costs incurred. It also provides a comprehensive view of the company’s financial position and helps to identify potential risks and opportunities. 
  
  Tips & Tricks: 
  When using Dynamic Funding Plan, it is important to ensure that all data is accurate and up-to-date. This will help ensure that the company’s financial position is accurately represented. Additionally, it is important to regularly review the data in order to identify any potential risks or opportunities. 
  
  Related Information: 
  Dynamic Funding Plan is part of SAP CRM-FM-DF, which also includes other components such as Budgeting & Forecasting, Cash Flow Management, and Financial Reporting. Additionally, there are several other SAP components that can be used in conjunction with Dynamic Funding Plan, such as SAP Business Warehouse (BW), SAP BusinessObjects (BO), and SAP HANA (HANA).