What is prereserved amount in SAP CRM-FM - Funds Management?

SAP Term: prereserved amount

• Component: CRM-FM

• Component Name: Funds Management

• Description: An amount that is requested but not yet approved for a specific event or purpose.

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• Key Concepts: 
  Prereserved amount is a term used in SAP CRM-FM Funds Management. It is an amount of money that is set aside for a specific purpose and cannot be used for any other purpose. This amount is usually reserved for a specific customer or project and can be used to pay for goods or services related to that customer or project. 
  
  How to use it: 
  In SAP CRM-FM Funds Management, prereserved amounts are used to ensure that funds are available for specific customers or projects. When creating a prereserved amount, the user must specify the customer or project, the amount of money to be reserved, and the purpose of the reservation. Once the prereserved amount has been created, it can be used to pay for goods or services related to the customer or project. 
  
  Tips & Tricks: 
  When creating a prereserved amount, it is important to ensure that the amount of money being reserved is sufficient for the purpose it is intended for. It is also important to ensure that the prereserved amount is not used for any other purpose than what it was intended for. 
  
  Related Information: 
  For more information on prereserved amounts in SAP CRM-FM Funds Management, please refer to the official SAP documentation.