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

SAP Term: settled amount

• Component: CRM-FM

• Component Name: Funds Management

• Description: An amount that the manufacturer has already paid out to the retailer or brand owner.

Smart SAP Assistant

• Key Concepts: 
  Settled amount is a term used in SAP CRM-FM Funds Management. It is the amount of money that has been paid out to a customer or vendor after all the necessary deductions have been made. This includes any taxes, fees, or other charges that may have been applied. The settled amount is the final amount that is paid out to the customer or vendor. 
  
  How to use it: 
  In SAP CRM-FM Funds Management, the settled amount is used to track payments made to customers and vendors. It is important to ensure that the settled amount is accurate and up-to-date so that all payments are properly accounted for. To view the settled amount, users can access the Funds Management module in SAP CRM and view the payment details for each customer or vendor. 
  
  Tips & Tricks: 
  When entering payment information into SAP CRM-FM Funds Management, it is important to double check the settled amount before submitting it. This will ensure that all payments are accurately tracked and accounted for. Additionally, users should be aware of any taxes, fees, or other charges that may be applied to the payment before submitting it. 
  
  Related Information: 
  For more information on SAP CRM-FM Funds Management, users can refer to the official SAP documentation or contact their local SAP support team. Additionally, there are many online resources available that provide detailed tutorials and guides on how to use this module.