What is value category in SAP CRM-FM - Funds Management?

SAP Term: value category

• Component: CRM-FM

• Component Name: Funds Management

• Description: The amount of money available in a specific fund or fund usage category. &EXAMPLE& The "budget" value category for a fund may be 1,000 USD while the "Reserved" value category might be 300 USD.

Smart SAP Assistant

• Key Concepts: 
  Value category is a component of Funds Management in SAP CRM. It is used to define the characteristics of a fund, such as its purpose, type, and currency. It also determines the fund’s accounting rules and the way it is managed. 
  
  How to use it: 
  Value categories are used to define the characteristics of a fund. To create a value category, go to the Funds Management work center in SAP CRM and select “Create Value Category”. Enter the required information such as the purpose, type, and currency of the fund. Once you have entered all the necessary information, click “Save” to create the value category. 
  
  Tips & Tricks: 
  When creating a value category, make sure to enter all the necessary information accurately. This will ensure that the fund is managed correctly and that its accounting rules are applied correctly. 
  
  Related Information: 
  For more information on value categories in SAP CRM Funds Management, please refer to the official SAP documentation.